Fuel Capital

Fuel Capital Management Company, LLC

Covina, CA WWW.FUELCAPITAL.COM Exempt reporting adviser

Emerging manager

Fuel Capital reports 5 venture funds on Form ADV among 5 private funds, with $230M in gross private fund assets.

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Venture funds5of 5 private funds

Private fund assets$230MGross, Form ADV, September 2026

Funds on Form D3$72M reported raised

LPs on the record1Foundations and public plans

Reported raised, by the year each fund began raising

The numbers

Began raising	Raised
2013	$26M
2015	$46M

Funds on Form D

Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.

Fund	Began raising	Target	Raised	Investors	Latest filing
Fuel Capital III, L.P.	2018	$75M	—	—	July 26, 2018
Fuel Capital II, L.P.	2015	$46M	$46M	53	April 11, 2016
Fuel Capital I, L.P.	2013	$26M	$26M	68	April 17, 2014

LPs on the record

1 private foundation lists on their latest IRS Form 990-PF Fuel Capital’s funds.

The Teagle Foundation Private foundation · 1 fund

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Registration

Legal name: Fuel Capital Management Company, LLC
Status: Exempt reporting adviser since April 15, 2025
CRD number: 171028

Full Form ADV on the SEC’s Investment Adviser Public Disclosure site

About this data

Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.