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Startups & Venture Capital

Accelerating the next generation of innovators
Startups have led many of the technology, health, and sustainability innovations central to our everyday lives. Fuel, a McKinsey company, was launched in 2014 to help startups reach the future faster and improve their odds of success.
Fuel pairs startup experts with McKinsey’s deep industry and functional expertise and global network. We help founders and their investors accelerate growth with data-driven consulting, capability building, and connections.

Fuel

Fuel helps startups and their investors accelerate growth with data-driven consulting, capability building, and connections. Our market-leading benchmarking tool SaaSRadar helps companies see where they stand against their peers on key financial and operational metrics.

What we do

Pricing excellence

Improve pricing, discount management, and offering design

Growth strategy

Find the next vectors of growth to elevate your trajectory

Consumer acquisition and retention

Implement best practices in digital marketing and loyalty techniques

Rapid market assessment and due diligence

Determine which verticals and use cases to pursue to maximize sales and the total available market

Portfolio benchmarking

Evaluate your portfolio’s performance against relevant venture capital and private equity-backed startups

New-business acceleration

Operationalize concepts and enable rapid growth through comprehensive implementation services

Corporate innovation

Stay ahead of innovation and engage startups on the most critical strategic imperatives

200+

startups served

150+

innovation boot camps

300+

startup experts

Examples of our work

Operations transformation

Helped an e-commerce player with $150 million in revenue, a shrinking subscriber base, and excess inventory increase EBITDA by more than $14 million through improvements in procurement, demand planning, pricing structure, and customer loyalty.

Sales excellence

Doubled growth for a software startup’s enterprise segment by halving the onboarding time for sales and increasing sales-representative productivity by 50 to 100 percent.

Customer acquisition

Grew revenue by 30 percent for a specialty e-commerce retailer by developing a digital customer-acquisition strategy, optimizing organic search, and improving paid search performance.

Market expansion

Defined next markets for a consumer internet startup to enter, identifying candidates to start local offices and identifying and interviewing potential clients; the expansion roadmap became a critical element in the company’s next funding round.

Addressable market insights

Prepared a defensible market-sizing analysis for a B2B software startup to inform conversations with investors for its next round of funding.

New-business building

Helped define a new business based on unique consumer insight and McKinsey design capabilities, leading to an above-average seed-funding round.

Featured capabilities

McKinsey Academy

McKinsey Academy accelerates transformations by unlocking the power of people

Design-to-Value

Integrating design and analytics for a step-change in margin growth

Organizational Health Index

Put hard numbers and improvement actions on your organization’s health

Software Product Management & Development

We offer proprietary frameworks, benchmarks and talent development programs to help clients build best-in-class software product and development organizations.

Featured insights

Podcast

Vital signs: The growing impact of digital health innovation

– Digital health solutions have the potential to dramatically improve patient care and slow rising costs. Yet achieving that at scale still has obstacles to overcome.
Podcast

Digital health: Can gamification be a winning strategy for disease management?

– Sidekick Health is out to show that digital therapeutics programs can help patients more effectively manage their chronic conditions.
Podcast

Global VC view: Funding startups in the next normal

– The boom that tech startups have been experiencing has continued through the pandemic. Two leading venture capitalists talk about how investing in them is changing.
Article

Europe’s innovation wunderkinds: The rising B2B start-up ecosystem

– While B2B start-ups are making Europe more competitive, start-ups, investors, and corporates will need to share expertise and work as partners to realize the region’s full entrepreneurial potential.

New at McKinsey Blog

Blog Post

What do these 12 start-ups have in common? McKinsey alums have turned them into unicorns

– With names like DoorDash, Grab and Go-Jek, these alumni-founded companies are fast on the move and on the rise—they have become... unicorns, valued at $1 billion and more.
Blog Post

SXSW Interactive 2019: The big ideas that got us talking

– Flying cars, disruptive products and winning design are a few of the topics McKinsey experts shared at 2019 SXSW Interactive.

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