Fuel50’s US expansion with Ice Angels support

An Auckland company whose software helps businesses and workers communicate about career development plans to expand into America and open an office in San Francisco with help from the Ice Angels investment network.

Career Engagement Group’s cloud-based software, Fuel50, is used by about 40 organisations worldwide and locally, including Westpac, Frucor, Zed, Fisher & Paykel Finance, and Fonterra.

The software is designed to help workers with career development within an organisation.

The company was launched two years ago and had five staff at the end of December but expected to double in size by March, Fulton said.

It has recently secured more than $1 million of funding from the Ice Angels investment network and plans to open an office in San Francisco early this year.

Full story first published in New Zealand Herald Thursday Janaury 30 2014

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