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Enterprise IT Startup Fuel50 Secures $2.5 Million

Credit: fuel50.com

Fuel50 announced it has secured $2.5 million in Series A financing led by Rincon Venture Partners and Bonfire.

Fuel50 is an interactive cloud-based software that is designed to create clear career paths for employees and improved engagement at work. The company’s platform matches employees with internal opportunities while also providing them with useful gap analysis about what they are good at and what they need to work on. It gives HR managers clear visibility into employee career drivers, succession risk areas, and engagement levers to support strategic people initiatives and business success.