Case study

How Fuel helped Jome secure $9.8M in Series A funding

Industry
PropTech
Employees
11-50
Financial tech stack
Quickbooks, Tableau, Gusto, Excel

About Jome

In 2020, Dan Hnatkovskyy and Sofia Vyshnevska had a big idea: to make buying new construction homes easier. They started Jome, a marketplace platform, and it quickly took off. Now, it helps homebuyers in 16 markets across Texas, Florida, Georgia, Arizona, Colorado, and North and South Carolinas.

The hard work paid off. In 2020, they became part of Techstars Austin.

In 2022, Fuel teamed up with Jome. With Fuel’s solid financial model and detailed reports, Jome successfully raised $5.5 million in their Seed round and then – a $9.8 million Series A in 2024. And our story goes on.

“Fuelfinance covered the whole financial modeling, reporting, and analysis part we couldn’t do on our own. My co-founder and I now have much more visibility over our business, that helped us to raise a multiple rounds of financing”

Sofiya Vyshnevska

Co-Founder at Jome

Game-changing functionality

Reporting
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Raised in a Seed round

$5.5M

Raised in Series A

$9.8M

Challenges

Before partnering with Fuel, Jome co-founders were doing everything themselves, from creating financial models for investors to managing day-to-day operations. They were stuck using basic Excel sheets, which wasn’t cutting it.

Their financial data was scattered, lacking a centralized source and proper financial reporting. Plus, there was no one in the team dedicated to finance. It was hard to see the big picture.

Also, Jome’s business model was complicated. Without the right tools and expertise, they couldn’t fully understand their financial health or performance in various markets.

Solutions

Custom modeling, unified data pipes, market-level reporting, plan‑vs‑actuals, and an all‑in‑one dashboard formed a single, reliable finance spine.

Financial modeling & forecasting

Fuelfinance’s experts helped to build a detailed financial model. This was crucial for fundraising, operational planning, and accurate forecasting.

Data consolidation

The team brought together all financial data from Excel sheets and later integrated systems like Quickbooks, Tableau, and Gusto into Fuel Cloud, ensuring real-time, high-quality financial reporting.

Custom reporting for all 16 markets

Fuel team developed custom reporting solutions tailored to each of Jome’s 16 markets, ensuring precise insights and localized financial clarity.

Plan vs Actual analysis

Monthly plan/actual analysis became a regular practice, with detailed KPIs for each team. This helped them stay on track and make informed decisions.

Unified finance & contract control

Fuelfinance built a full reporting stack: P&L, Cash Flow, Balance Sheet and centralized contract&payment tracking.

Unit economics

Fuelfinance implemented a system to calculate the profitability of each market.

Dashboard

Fuel also created an all-in-one dashboard to show all critical financial metrics, making it easy for founders to monitor performance.

Dedicated financial manager

Fuelfinance assigned a dedicated financial manager to support Jome, ensuring timely reports and monthly sessions to review performance metrics.

“Before Fuel, we did many experiments but didn’t understand their impact. Fuel helped us make decisions based on data. ”

Sofiya Vyshnevska

Co-Founder at Jome

Results

Investor-ready financials, clear visibility into runway and contracts, smoother closes, and confident, focus-on-growth decisions followed.

Successful fundraising

Initially, Jome needed a financial model to attract investors and secure funding. After partnering with Fuel, Jome raised a $5.5 million Seed round and then — a $9.8 million Series A in 2024.

Revenue growth

With a custom financial setup for all 16 markets, Jome was able to make data-driven decisions which led to revenue growth and better resource allocation.

Improved visibility

Jome founders got the clarity of their runway, market performance, and contract profitability. Better budget allocation became possible through scenario planning and modeling.

Peace of mind

The team now uses a monthly dashboard and values regular FP&A manager check-ins to understand all performance metrics. They have confidence in their financial planning and can focus on strategic growth.

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