Fuel50

The skills-based AI Talent Marketplace solution that delivers internal talent mobility and workforce reskilling.

General Information
Company Name
Fuel50
Founded Year
2011
Location (Offices)
Laguna Niguel, United States +4
Founders / Decision Makers
Number of Employees
76
Industries
AI, Computing, Marketplaces +2
Funding Stage
Series B
Social Media

Fuel50 - Company Profile

Fuel50 is a SaaS startup founded in 2013 and headquartered in the United States. The company's slogan, "The skills-based AI Talent Marketplace solution that delivers internal talent mobility and workforce reskilling," encapsulates its core offering. Fuel50 leverages hyper-personalized AI and emphasizes diversity and inclusion to help organizations activate their talent pool. Through its ethical AI, Fuel50 enables real-time matching of individuals to opportunities, maps workforce architecture, and provides valuable data insights for predictive talent and workforce planning. Since its inception, Fuel50 has made significant strides. In its latest funding round, the company secured a $15.50M Series B investment on 08 April 2021. This investment was led by PeakSpan Capital and Shearwater Capital, showcasing strong investor confidence in Fuel50's vision and potential impact. The company's solution has already demonstrated tangible results, with over 80 organizations worldwide experiencing immediate benefits, including a 65% increase in lateral movement, a 35% increase in internal recruitment, and a 60% reduction in employee churn. Fuel50's dedication to shaping the workforce of the future is evident in its commitment to enhancing internal talent mobility and facilitating workforce reskilling. As it continues to attract substantial investment and deliver value to its clients, Fuel50 stands as a promising player in the rapidly evolving talent marketplace landscape.

Taxonomy: AI Talent Marketplace, Internal Talent Mobility, Workforce Reskilling, AI Technology, Diversity and Inclusion, Data Insights, Workforce Architecture Mapping, Predictive Talent Planning, Employee Churn Reduction, Lateral Movement, Internal Recruitment, Ethical AI, Global Organizations, Future of Work, HR Technology

Funding Rounds & Investors of Fuel50 (8)

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Funding Stage Amount No. Investors Investors Date
Series B $15.50M 2 Shearwater Capital 08 Apr 2021
Series B $14.00M 1 01 Aug 2019
Venture Round Unknown - 01 Dec 2018
Series A NZD1.40M - 01 Jun 2018
Series A $2.50M 3 04 Oct 2017

View All 8 Funding Rounds

Latest News of Fuel50

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No recent news or press coverage available for Fuel50.

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