Toubkal Partners

Toubkal Partners is a Barcelona-based venture capital firm, founded in 2015, that focuses on seed-stage investments in technology companies, with additional activity in consumer goods and financial services sectors.

Jesús Monleon

Founder and Partner

David Baratech

Founding Partner

14 past transactions

Dealcar

Seed Round in 2025
Dealcar is a company that has transformed the used car market through its innovative SaaS platform, which facilitates fully digital transactions. By leveraging artificial intelligence, Dealcar accelerates the sales process for second-hand vehicles, providing auto dealers with a suite of powerful software tools that streamline online sales and reduce selling time. The platform creates a network effect that benefits dealers, partners, and consumers alike. Dealers can enhance revenue by offering additional products and improving sales efficiency, while partners can distribute products at the point of sale without incurring marketing costs. For consumers, Dealcar simplifies the car purchasing experience, allowing them to complete transactions in just three steps, thus combining the ease of renting with the advantages of ownership.

Dealcar

Pre Seed Round in 2023
Dealcar is a company that has transformed the used car market through its innovative SaaS platform, which facilitates fully digital transactions. By leveraging artificial intelligence, Dealcar accelerates the sales process for second-hand vehicles, providing auto dealers with a suite of powerful software tools that streamline online sales and reduce selling time. The platform creates a network effect that benefits dealers, partners, and consumers alike. Dealers can enhance revenue by offering additional products and improving sales efficiency, while partners can distribute products at the point of sale without incurring marketing costs. For consumers, Dealcar simplifies the car purchasing experience, allowing them to complete transactions in just three steps, thus combining the ease of renting with the advantages of ownership.

Honei

Pre Seed Round in 2023
Honei is a developer of an online ordering platform tailored for the restaurant industry, primarily serving Southern Europe. The company's solution allows customers to access menus, order food and drinks, and make payments directly from their mobile phones while seated at their tables. By facilitating a seamless ordering and payment process, Honei enhances the dining experience for customers and helps restaurants boost revenue and operational efficiency through quicker service and improved table turnover.

Kimera Technologies

Pre Seed Round in 2023
Kimera Technologies develops AI computer vision technology to understand and efficiently manage visual content. Its tools automate tagging, object and scene detection, and metadata generation, transforming images into usable information and helping organizations manage their visual assets more efficiently.

PIGARI

Pre Seed Round in 2020
PIGARI provides an expense management solution for businesses. They provide solutions for expense management, budget management, invoice management, and more. It offers virtual and physical debit cards for employees to maintain their accounts.

Cuidum

Seed Round in 2016
Cuidum Tech S.L, founded in 2015 and based in Valencia, Spain, operates an online platform designed to connect families with qualified caregivers for elderly individuals. The company addresses the daily challenges faced by elderly and dependent people by offering a reliable space to find professional caregivers who can assist with home care tasks. Cuidum emphasizes the importance of a thorough selection process conducted by experts to ensure that caregivers are validated and referenced. In addition to caregiver matching, the platform provides essential tools for both professional and family caregivers to facilitate effective care routines and enhance communication with family members and patients. By promoting the integration of elderly individuals into society, Cuidum values the cultural and ethical contributions they make across generations.

Iristrace

Convertible Note in 2016
Iristrace BV, founded in 2010 and headquartered in Amsterdam, offers a cloud-based solution designed to enhance quality, service excellence, and compliance across various industries. Its platform enables managers and business owners to create control forms, checklists, and audits, streamlining workflows and improving task management. Iristrace caters to sectors such as retail, hospitality, healthcare, and public administration, allowing staff to collaborate effectively on quality standards and compliance programs. The platform facilitates real-time data collection and analysis, enabling organizations to respond promptly to incidents and exceptions. With a user-friendly mobile app, employees can easily engage with the system, while management receives instant updates on operations. By replacing traditional tools like spreadsheets and emails, Iristrace simplifies tedious processes, ultimately saving time and reducing costs. The solution empowers businesses to convert risks into opportunities, leading to improved compliance, enhanced customer experiences, and superior operational efficiency.

Thousandwords

Seed Round in 2015
Thousandwords

Endado

Seed Round in 2015
Endado is an online retailer specializing in the sale of spare parts and car accessories. The company provides a wide range of products, including brake pads, filters, oils, mirrors, wipers, and buffer pads, all available through its online platform. By offering these items at competitive prices, Endado aims to enhance accessibility to essential car maintenance products, empowering drivers with the ability to make informed decisions regarding their vehicle care and repair needs.

Cuidum

Seed Round in 2015
Cuidum Tech S.L, founded in 2015 and based in Valencia, Spain, operates an online platform designed to connect families with qualified caregivers for elderly individuals. The company addresses the daily challenges faced by elderly and dependent people by offering a reliable space to find professional caregivers who can assist with home care tasks. Cuidum emphasizes the importance of a thorough selection process conducted by experts to ensure that caregivers are validated and referenced. In addition to caregiver matching, the platform provides essential tools for both professional and family caregivers to facilitate effective care routines and enhance communication with family members and patients. By promoting the integration of elderly individuals into society, Cuidum values the cultural and ethical contributions they make across generations.

NoviCap

Seed Round in 2015
Founded in Barcelona in 2014, NoviCap operates an online platform that connects companies seeking to sell outstanding invoices with international investors willing to purchase them. Through its proprietary technology, NoviCap offers end-to-end working capital solutions, including factoring and invoice trading services, supporting small and medium-sized enterprises, mid-market corporates, and public administrations.

Qashops

Venture Round in 2015
QaShops is a wholesale and drop shipping solution in which the retailer does not keep goods in stock

thethings.iO

Angel Round in 2015
Creating new IoT devices is hard work. Companies have to design, prototype, and manufacture the thing, plus build the app and develop the cloud platform to store the data, all from scratch. thethings.iO makes a back-end for Internet of Things. It allows companies to focus more on the product and less on the database and the underlying cloud platform. Think of it like AWS or Parse.com specifically for IoT. thethings.iO frees up hardware companies to focus on what they do best: build awesome new things. We do this in three simple ways: 1) Back-end: You can deploy a fully-scalable real-time storage solution within hours for a fraction of the cost. 2) Front-end: We integrate things from multiple sources in one intuitive web interface or mobile app. 3) Interoperability: This lets you easily connect to other IoTs to build more innovative apps. Because when things talk with each other, their functionality augments, and you get more. We are a Wayra Barcelona startup since July 2014. Stay tunned...

NoviCap

Seed Round in 2014
Founded in Barcelona in 2014, NoviCap operates an online platform that connects companies seeking to sell outstanding invoices with international investors willing to purchase them. Through its proprietary technology, NoviCap offers end-to-end working capital solutions, including factoring and invoice trading services, supporting small and medium-sized enterprises, mid-market corporates, and public administrations.
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