Jeff Ransdell

Founding Partner & Managing Director at Fuel Venture Capital

Jeff Ransdell is a serial entrepreneur, former Wallstreet warrior, angel investor, and venture capitalist building a portfolio of exponential technology companies through Fuel Venture Capital firm, which he co-founded in 2017 following his departure from the world of private wealth management. He prides himself on taking an approach to venture capital investment that can be best described as “founder focused, investor-driven,” given his experience for two decades, and eventually as a top executive of Bank of America Merrill Lynch. He believes in mentoring his founders to equip them with the tools necessary to survive and thrive in the competitive creative economy and serving Fuel's Limited Partners as a fiduciary.

As Managing Director and Market Executive of the financial powerhouse, Merrill Lynch, he was responsible for more than $ 130 billion of global private client investment assets, a P&L of $ 1.5 billion, and over 2,000 employees across the bank's Southeast Wealth Management Division which included the state of Florida, the state of Alabama, the Southeast of the state of Georgia, all of Latin American and the Caribbean. His transition to venture capital was motivated by what he saw as mounting evidence that opportunities to shape the economy and capitalize on innovation were steadily shifting from the public markets to the private markets.

In the face of much skepticism, he chose Miami as the home base for Fuel Venture Capital, long before it was in vogue to do so, armed with an unparalleled Rolodex, and emboldened to leverage the city's untapped resources and advantages. Today, Fuel Venture Capital Partners manages a $ 185MM multi-focused fund of 23 global startups, including Soundtrack Your Brand, PredaSAR, Ubicquia, Bolt Mobility, and more as well as a $ 100MM Fintech Growth Fund focused on 4 leading global fintech companies the Curve Card, Regargapay, Tradeshift, and Taxfyle with his partners IDC Ventures, one of Europe's leading VC firms.

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