Kyiv-based, Fuelfinance, has achieved a $1m seed funding round
In Brief:
Investors in the raise include Markus Villig, CEO and founder of Bolt, and John S Kim, CEO and co-founder of Sendbird
Fuelfinance is a financial management tool for startup founders and financial teams, with tools that streamline bookkeeping, profit and loss statements, financial planning scenarios, economic analysis, and dashboards
The target market for the product includes early-stage companies by providing a more affordable offering than what is currently available
What does this mean?
“It was challenging. My co-founder Yaroslav Azhnyuk and I had our strategic session one week before the war broke out,” Alyona Mysko, founder and CEO, comments. They decided that “no matter what is going on we want to create our product. We want to create a great financial product for all companies across the world to help them with their financial management. We decided that was our key goal and we were going to stick with it.
