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Fuel Venture Capital

Miami, FLFUEL-VENTURE-CAPITAL
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Dossier Summary

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Classification
Slugfuel-venture-capital
HQMiami, FL
Stage FocusSeed to growth-stage investments across technology sector…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

Fuel is Miami's most visible VC trying really hard to be a big boy fund. Jeff's got serious Wall Street chops and Maggie brings actual hedge fund discipline, which is rare in VC. But let's be real - they're a classic case of 'spray and pray' with 59 investments across every conceivable sector. Their website is down half the time and they're constantly issuing press releases about hiring new people, which screams 'we need validation.' That said, they actually hit on some decent companies like Replit and have real money ($550M AUM). The Selene hire from Sequoia is smart - finally getting someone with Silicon Valley credibility. Just don't expect them to be your lead investor unless you're in Miami or can help their LP fundraising story.

KEY TAKEAWAYS
  • Best for: Miami-based founders needing capital and connections to Latin America markets
  • Watch out for: Scattered focus across too many sectors and aggressive PR/marketing approach
  • Known for: Wall Street discipline meets VC ambitions with solid check sizes but questionable focus
Investment Thesis

Fuel Venture Capital backs visionary founders using transformational technologies including algorithms, artificial intelligence, blockchain and machine learning to drive actionable decisions and disrupt traditional markets. They focus on exponentiality and convergence of disruptive technologies to fuel companies that transform how consumers and businesses transact, consume, work and enjoy their lives.

Stage & Sector Focus

Seed to growth-stage investments across technology sectors, with five funds managing $550 million AUM deployed into over 40 companies. Reality check: they're writing checks from $250K to $10M in AI, consumer tech, enterprise software, fintech, and marketplaces.

Notable Portfolio
ReplitCookUnityRecargaPayBetrLunarTradeshiftTerran OrbitalSpaceX
Key Partners
Jeff Ransdell
Founding Partner & Managing Director

Texas native with finance background from Wharton and Haas Business School. Serial entrepreneur who built and sold fitness clubs and textile manufacturing before spending 20+ years at Merrill Lynch, rising to Managing Director overseeing Southeast US, Latin America, and Caribbean. Known for disciplined execution and crisis management - doubled portfolio during COVID.

Maggie Vo, CFA
Managing General Partner & Chief Investment Officer

Former Vietnamese teen pop star turned youngest Managing GP/CIO at Fuel. Developed 'Hedge Venture' approach applying hedge fund discipline to early-stage investing. Passed all three CFA levels on first attempt, built expertise in Asian public markets before transitioning to VC. Recognized as top VC by Insider and named to powerful women in tech lists.

Selene Casabal
General Partner & Chief Venture Officer

Former Silicon Valley founder with 10+ years in venture ecosystem and two startup exits. Ex-Sequoia Scout Partner and advisor to Chanel C-suite and Intel's deep-tech accelerator. Angel investor in 30 frontier tech companies including Perplexity, Impulse Space, and Serve Robotics. Spearheads Fuel's $100M+ AI investment focus.

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INVESTOR ACCESS PERMANENTLY DENIEDBERNBOOK // DOSSIER v1