Fuell

Fuell, located in Madrid, operates within the B2B finance and accounting sector, offering specialized services that enhance cash flow through VAT recovery and streamline expense management with physical and virtual corporate cards. As a participant in the Y-Combinator W22 batch, Fuell has established a significant presence in the market, catering to a diverse client base that includes employees, startups, SMEs, and large enterprises across various industries such as technology, restaurants, and retail. The company’s platform integrates features such as budgets, approval workflows, ERP integrations, and real-time spending analytics, all organized with OCR for efficient management. Fuell’s VAT recovery service is particularly notable for its automation capabilities, supporting recovery on representation expenses like meals and transportation, and is bolstered by a network of over 500,000 businesses. This network facilitates the automatic generation of invoices from receipts, ensuring seamless integration with various ERP systems. Additionally, Fuell’s smart corporate cards offer a modern solution to traditional expense reporting, further enhancing the efficiency of financial operations for businesses operating both locally and remotely.