# StackFuel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stackfuel

- Industry: Education/Training
- Headquarters: Berlin, Germany
- Website: www.stackfuel.com
- Total disclosed funding: $0.6M
- Latest round: Seed (Mar 13, 2018)
- Investors on record: 1

## About

StackFuel GmbH specializes in data analysis and artificial intelligence training, providing educational programs designed to develop essential skills for professionals in the growing data sector.Founded in 2016 in Berlin, Germany, StackFuel GmbH focuses on enhancing data analysis and AI skills. The company has successfully closed 4 deals, with the most recent being a SEED round in June 2023 where they raised EUR 0.50 mn, bringing the total amount raised to EUR 0.50 mn and a current valuation of EUR 8.856 mn. Founders Leo Marose and Stefan Berntheisel drive the company's mission, with Leo Marose also serving as CEO.StackFuel specializes in providing comprehensive training programs aimed at enhancing skills in data analysis and artificial intelligence (AI). Their main product offerings include two core training tracks: the Data Analyst program and the Data Scientist program. The Data Analyst program equips participants with the skills to prepare, visualize, and analyze data, while the Data Scientist program builds upon these foundations, incorporating advanced techniques such as machine learning for predictive analysis. These programs are designed to address the growing demand for skilled professionals in the data sector, particularly among Germany's leading companies, with a strong emphasis on practical application and real-world use cases. The training is offered fully online, allowing for flexibility in learning, and is available to end-users across various regions in Germany, capitalizing on the increasing interest in data-related careers.StackFuel generates revenue primarily through the provision of educational services funded by the Bildungsgutschein, a vocational training voucher provided by the German Federal Employment Agency. Clients include individuals seeking to enhance their employability in data-related roles, supported by StackFuel's Career Service team which aids in job placement. The company's transaction structure revolves around partnerships with educational institutions and direct engagements with job seekers, facilitating access to over 10,000 job openings in the data field. Each training program is structured to be 100% funded for eligible participants, ensuring a broad reach among prospective data professionals while fostering a model that supports both individual and organizational growth in the data sector.In June 2023, StackFuel GmbH raised venture funding from new investor Fadelia GmbH, alongside returning investor Makanta. This funding will support the company's initiatives to expand its training offerings and potentially develop new products aimed at enhancing its curriculum. StackFuel plans to enter additional European markets by the end of 2024, aligning with the increasing demand for data professionals across the continent.

## Funding rounds

- Seed, Mar 13, 2018, $0.6M — FX Ventures

## Investors

- FX Ventures (https://capitalatlas.ai/funds/fx-ventures) — Seed