Fuel Studios
Fuel Studios is a Maple Grove, Minnesota-based consulting firm that builds custom clinical databases (eCRFs), provides data analytics and reporting, and manages mobile device deployment for medical device manufacturers, pharmaceutical research teams, and CROs, anchored by its Derive analytics platform.
- Company typePrivate
- Founded2004
- HeadquartersMaple Grove, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Fuel Studios does
Fuel Studios, Inc. is a privately held healthcare data technology consulting firm founded in 2004 and headquartered in Maple Grove, Minnesota. The company specializes in clinical database design and build services for medical device manufacturers, pharmaceutical research teams, and clinical research organizations. Its primary offerings include custom electronic Case Report Form (eCRF) development, advanced data analytics and reporting, mobile device provisioning and deployment for clinical trials, and Clinical Trial Management System (CTMS) / electronic Trial Master File (eTMF) solutions. The company also operates Derive, a proprietary cloud-based customer portal and analytics platform that provides dynamic visualizations and stakeholder reporting.
The company employs roughly 17-50 individuals (depending on source) with expertise spanning biostatistics, clinical operations, data analytics, software development, and health economics. Its go-to-market is sales-led and consultative, relying on direct website engagement ("Let's talk" / "I'm interested" CTAs) and referrals through a technology partner ecosystem that includes EDC platform providers such as Castor, Viedoc, Crucial Data Solutions, MedNet, Greenlight Guru, and Replior. Revenue is generated primarily through professional services engagements (custom database builds, data management, consulting, and statistical research) supplemented by hardware sales for device provisioning, all priced on a custom, quote-based engagement model often structured as multi-year contracts.
In July 2023, Fuel Studios acquired Technomics Research, expanding its service portfolio into statistical clinical research, healthcare data analysis, economic modeling, and outcomes research. This acquisition positions the company to compete more directly with larger CROs in the MedTech market by offering higher-value analytical services alongside its core database build capabilities. The company remains family-led, with CEO Jerry Stinar, founder Nancy Stinar, and VP Christianna Stinar representing the founding family in current leadership roles.
Fuel Studios firmographics
Firmographics- Name
- Fuel Studios
- Legal name
- FUEL Studios, Inc.
- Website
- https://fuel.dev
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fuel Studios is a Maple Grove, Minnesota-based consulting firm that builds custom clinical databases (eCRFs), provides data analytics and reporting, and manages mobile device deployment for medical device manufacturers, pharmaceutical research teams, and CROs, anchored by its Derive analytics platform.
- Ownership category
- akta.pro rank
Fuel Studios industry classification
Industry- Product category
- Clinical Data Management Services
- NAICS
- Other Scientific and Technical Consulting Services (541690)
- SIC
- Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF) (HLAGAJAM)
- akta.pro secondary industries
- Electronic Data Capture (EDC) Platforms (HLACAOAA), Site Data Management Support (EDC/Source/SDV Readiness) (HLAGACAL)
Keywords
Where Fuel Studios is headquartered
LocationHeadquarters
- HQ city
- Maple Grove
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Fuel Studios business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Custom Database Build Services: Custom eCRF development, validation, and deployment services with project management and UAT support. Billed as project-based or scoped engagements tailored to client trial complexity.
- Data Analytics & Reporting: Advanced reporting and visualization services, including custom report development and cross-system data aggregation. Typically bundled with database build services or offered as standalone consulting.
- Device Provisioning & Mobile Deployment: Configuration, deployment, and ongoing management of mobile devices (tablets, smartphones, wearables) for clinical trial use. Includes device procurement, remote management, and inventory services.
- Clinical Data Management & Consulting: Data management plan writing, data review/cleaning, query management, and general clinical consulting including CRF/Protocol review and meeting facilitation.
- Statistical Clinical Research (via Technomics): Post-acquisition expansion into statistical clinical research, economic modeling, and outcomes research, adding higher-value analytical services to the portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement — pricing determined per project scope |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels2 records
Fuel Studios product offering
Product offeringCore offering
FUEL Studios designs, validates, and deploys custom electronic Case Report Form (eCRF) clinical databases, builds advanced cross-system data reports and visualizations, and provisions and remotely manages tablets, smartphones, and wearables used in clinical trials. Offerings are bundled around its proprietary Derive cloud-based customer analytics portal and complemented by CTMS/eTMF solutions, app integration with EDC platforms, and clinical data management consulting for MedTech, pharmaceutical, and CRO clients.
Product overview
FUEL Studios offers a platform-plus-services architecture for clinical data technology. The core offering includes Derive, a customer portal and analytics tool that provides dynamic visualizations and reporting capabilities. Supporting the platform are complementary services including Custom Database Builds (eCRF development with complex logic), Data Analytics (advanced reporting combining data from multiple systems), Device Provisioning and Mobile Deployment (tablet/smartphone/wearable management), CTMS/eTMF Solutions, App Integration, and Data Management services. The platform enables research teams to capture and analyze clean clinical trial data across various therapeutic areas.
Differentiator
Problem solved
Functional benefit
Brands
- Derive: Analytics platform that helps simplify complex data, uncover insights quicker, and share results with stakeholders through professional reports.
Products and services
- Derive Analytics Platform Cloud-based customer portal and analytics tool that helps clinical researchers simplify complex trial data, uncover insights through real-time dynamic visualizations, and generate data-rich dashboards and professional stakeholder reports.
- Custom Database Builds Development, validation, and deployment of custom electronic Case Report Forms (eCRFs) with complex logic, including UAT performance or facilitation, comprehensive project management, and client portal visibility into project status for medical device and pharmaceutical trial teams.
- Data Analytics & Reporting Advanced reporting and data visualization service that develops, validates, and deploys custom advanced reports combining data from multiple systems and studies (such as pre-screening, EDCs, marketing, inventory, and quality), embeddable into various content platforms.
- Device Provisioning & Mobile Deployment Administrative configuration, deployment, and maintenance of tablets, smartphones, and wearables for sponsor, site, and patient use, including remote management, OS and application updates, device locking, controlled inventory, and application/content provisioning.
- CTMS / eTMF Solutions Clinical trial management solutions covering site user management, IRB information, electronic screening tracking, study correspondence, inventory and payments management, and monitoring modules, leveraging EDC and non-EDC platform technology.
- Clinical Data Management Data management plan creation, data review and cleaning, query management, and identification of critical trends and patterns in clinical data, including CRF/Protocol review, meeting facilitation, and sponsor/site user setup with training.
Quantifiable outcome
- Eliminate end-user software issues and technical responsibilities through managed device provisioning
- +1 more outcomes
Companies that use Fuel Studios
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Fuel Studios technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Fuel Studios partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Technomics ResearchcoreFUEL Studios acquired Technomics Research in July 2023 to expand clinical data services and establish a new division for statistical clinical research. The acquisition enhances capabilities in healthcare data analysis, economic modeling, and outcomes research, positioning FUEL as a larger player in the MedTech industry.
Scale indicators3 records
Recent moves1 record
Expansion highlights5 records
Fuel Studios competitors and assessment
Company assessmentDirect peers
- Crucial Data Solutions: EDC platform provider (TrialKit) and listed FUEL Studios partner. Comparable as an EDC vendor in the same ecosystem whose platform FUEL configures and extends for medical device and pharma sponsors.
- Castor EDC: Cloud-based EDC platform and listed FUEL Studios partner. Directly comparable as an EDC platform FUEL integrates with and supports; both target medical device and pharma trial teams with cost-effective database solutions.
- Viedoc: EDC and eClinical platform vendor and listed FUEL Studios partner. Directly comparable as an eClinical platform FUEL builds on and supports, serving similar sponsor and CRO customer profiles.
- MedNet Solutions: Provider of the iMedNet clinical data management EDC platform and listed FUEL Studios partner. Comparable as an EDC vendor in the same ecosystem where FUEL provides build, integration, and data management services.
- Greenlight Guru: Clinical quality management and Smart Trial software provider and listed FUEL Studios partner. Comparable as an adjacent MedTech clinical software vendor with overlapping medical device trial customers.
Broad incumbents
- Medidata Solutions (Dassault Systèmes): Industry-leading EDC/CTMS/eCOA platform provider, now part of Dassault Systèmes. Comparable to FUEL Studios as the dominant EDC and clinical data platform whose systems FUEL builds, integrates, and supports.
- Veeva Systems: Cloud-based life sciences platform company whose Vault EDC and CTMS compete in the same clinical data space. Comparable as a broader, publicly traded incumbent offering both platform software and adjacent clinical data services.
- IQVIA: Largest global CRO and clinical data services provider. Comparable to FUEL Studios as a broad incumbent in clinical research services whose high-cost contracts FUEL explicitly positions against for smaller sponsors.
- ICON plc: Global CRO offering full-service clinical development, EDC/CTMS hosting, and data management. Comparable as a broad incumbent whose integrated clinical data offerings compete for the same sponsor budgets.
- Clario: Clinical trial technology and eCOA/EDC vendor serving pharma and medical device sponsors. Comparable as a larger incumbent offering clinical data platforms and related services in the same regulatory and therapeutic space.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Fuel Studios social profiles
Digital presenceFuel Studios financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fuel Studios leadership team
Management profileNumber of profiles
Profiles8 records
Fuel Studios subsidiaries and ownership
Company hierarchySubsidiaries1 record
Fuel Studios funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fuel Studios M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fuel Studios
What does Fuel Studios do?
FUEL Studios designs, validates, and deploys custom electronic Case Report Form (eCRF) clinical databases, builds advanced cross-system data reports and visualizations, and provisions and remotely manages tablets, smartphones, and wearables used in clinical trials. Offerings are bundled around its proprietary Derive cloud-based customer analytics portal and complemented by CTMS/eTMF solutions, app integration with EDC platforms, and clinical data management consulting for MedTech, pharmaceutical, and CRO clients.
Is Fuel Studios a public or private company?
Fuel Studios is a private company. It is classified as family owned and is currently operating.
When was Fuel Studios founded?
Fuel Studios was founded in 2004. It employs 11 to 50 people.
Where is Fuel Studios based?
Fuel Studios is headquartered in Maple Grove, United States, in the North America region.
How does Fuel Studios make money?
Five revenue lines are on record. Custom Database Build Services are the primary driver. The others are data Analytics & Reporting, device Provisioning & Mobile Deployment, clinical Data Management & Consulting and statistical Clinical Research (via Technomics).
Who are Fuel Studios's main competitors?
Direct peers on record are Crucial Data Solutions, Castor EDC, Viedoc, MedNet Solutions and Greenlight Guru. Broad incumbents are Medidata Solutions (Dassault Systèmes), Veeva Systems, IQVIA, ICON plc and Clario.
Does Fuel Studios have an API?
No public API is recorded for Fuel Studios.
What industry is Fuel Studios in?
Fuel Studios's product category is Clinical Data Management Services. Its primary akta.pro industry code is HLAGAJAM, Clinical Trial Informatics (EDC/CTMS/eCOA/eTMF), with a secondary code of HLACAOAA, Electronic Data Capture (EDC) Platforms. Its NAICS code is 541690 and its SIC code is 8731.