Adara Ventures

Adara Ventures, established in 2005 and headquartered in Madrid, Spain, is a private equity firm specializing in early-stage investments. It focuses on ambitious technology companies across Europe, with a particular interest in cybersecurity, data applications and infrastructure, DevOps, hardware components, digital health, and the energy transition sectors. The firm partners with visionary founders, providing capital and support to help them execute their plans. Since its inception, Adara Ventures has invested in 43 companies, managing a fund of €200 million.

Jorge Baron

Principal, Investments

Alberto Echeverri

Partner

Alessandro Gambarotta

Associate

Alberto Gomez

Founding Partner

Nicolas Goulet

Founder and Managing Partner

Rocio Pillado

Partner

Ross Strachan

Principal

Past deals in Spain

indigitall

Series A in 2024
Indigitall is a developer of a digital marketing and communication platform focused on enhancing user experience and facilitating digital transformation for its clients. The platform provides a range of services, including personalized communications, advanced segmentation, artificial intelligence-driven test campaigns, interactive and animated campaigns, geotargeting, and detailed analytics. Through these offerings, Indigitall enables its customers to engage more effectively with their users via mobile applications and websites. With a commitment to innovation and flexibility tailored to meet specific customer needs, Indigitall aims to establish itself as a leading global platform in automated marketing. The company currently operates in Spain, Italy, Colombia, and Mexico, with plans to expand into additional countries in the near future.

IOMED

Series A in 2023
IOMED Medical Solutions, founded in 2016 in Barcelona, develops medical record management software that leverages artificial intelligence and Natural Language Processing to structure clinical data. This technology enables the extraction of reusable data from hospital clinical notes, facilitating the creation of predictive medical models. By organizing and visualizing medical records, IOMED's solutions enhance data management, integration, and interoperability, ultimately providing clinicians with the information necessary for informed decision-making. The software aims to optimize resource allocation and reduce costs in healthcare settings, thereby improving overall efficiency in clinical operations.

Stratio

Series C in 2022
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. It offers a hybrid virtual data management platform that encompasses the entire data management lifecycle, including auto-discovery, virtualization, metadata provision, and semantic enhancement, along with MLOps for data mining. The platform is designed to facilitate seamless integration across various environments, allowing businesses to operate on both public clouds and on-premises without being locked into a single vendor. This flexibility enables organizations to leverage existing assets, such as ontologies and machine learning models, across different cloud services and regions, ultimately reducing time and costs. Founded in November 2013, Stratio has expanded significantly from a small team to over 500 employees, with offices primarily located in Madrid, Spain, Bogotá, Colombia, and Paris, France.

IOMED

Venture Round in 2020
IOMED Medical Solutions, founded in 2016 in Barcelona, develops medical record management software that leverages artificial intelligence and Natural Language Processing to structure clinical data. This technology enables the extraction of reusable data from hospital clinical notes, facilitating the creation of predictive medical models. By organizing and visualizing medical records, IOMED's solutions enhance data management, integration, and interoperability, ultimately providing clinicians with the information necessary for informed decision-making. The software aims to optimize resource allocation and reduce costs in healthcare settings, thereby improving overall efficiency in clinical operations.

Quibim

Seed Round in 2020
Quibim, headquartered in Valencia, Spain, is a leader in whole-body medical imaging analysis, providing innovative AI-based image processing technologies. Its products, utilized by pharmaceutical companies and research teams globally, focus on extracting quantitative information from radiological images. Quibim Precision®, the company's whole-body imaging ecosystem, supports a variety of applications, from disease detection to monitoring the effectiveness of new treatments. By employing an AI-first approach, Quibim enables partners to accurately identify pathologies across different body parts and imaging modalities, ultimately enhancing the diagnosis of high-incidence illnesses and assessing treatment outcomes. This commitment to leveraging advanced imaging biomarkers contributes significantly to improving human health.

Scalefast

Series B in 2020
Scalefast is a global e-commerce platform that empowers brands in entertainment, consumer goods, and fashion sectors. Founded in 2014 and headquartered in El Segundo, California, with offices in Madrid and Paris, the company offers a comprehensive suite of tools and services to simplify and enhance online shopping experiences. Scalefast's platform provides business infrastructure, e-commerce operations, internationalization, fulfillment, fraud protection, and customer engagement features such as social sign-on, local currency and languages, checkout cross-selling, exclusive bundling, subscriptions, and loyalty programs. By leveraging artificial intelligence and e-commerce expertise, Scalefast enables brands to scale quickly, increase revenue, and better understand and retain customers.

CounterCraft

Seed Round in 2020
CounterCraft, established in 2015, specializes in advanced cybersecurity solutions, offering a full-spectrum cyber deception and counterintelligence platform. Headquartered in London with offices in Madrid, Washington DC, and R&D in San Sebastian, the company protects Fortune500 corporations, financial institutions, critical infrastructures, governments, and law enforcement agencies worldwide. CounterCraft's Threat Deception platform creates synthetic environments to lure attackers, generating valuable threat intelligence and providing real-time active response. By integrating with incident response workflows and proactively reconfiguring defensive systems, it empowers key stakeholders to effectively manage and mitigate rapidly evolving threats.

BEONx

Series A in 2020
BEONx is a Spanish travel technology company specializing in hotel revenue management solutions. The company has developed an innovative system that optimizes pricing and distribution by analyzing consumer expectations and purchasing habits. Its software integrates various objective parameters, including location, hotel services, and online reputation, to help hotel chains assess room availability, demand, and competitor pricing. A key offering is the HQI™, an index that measures the overall quality of a hotel, allowing clients to understand their competitive position and price elasticity in the market. With over 2,000 customers across more than 30 countries, BEONx serves a diverse range of hotel chains, enabling them to implement effective revenue strategies tailored to market dynamics.

Kompyte

Venture Round in 2019
Kompyte is a competitive intelligence tool that provides real-time insights into competitors' online strategies. Founded in 2014 and headquartered in San Francisco, with additional offices in Barcelona and Austin, Kompyte offers software that allows businesses to track, analyze, and respond to competitive changes effectively. Its platform compiles over 3.5 trillion data points annually, enabling users to monitor the digital strategies of their rivals and act swiftly on significant updates. Designed for professionals in product, marketing, and sales roles across more than 20 industries worldwide, Kompyte aims to enhance sales performance, marketing effectiveness, and product strategy through actionable intelligence.

Stratio

Series B in 2018
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. It offers a hybrid virtual data management platform that encompasses the entire data management lifecycle, including auto-discovery, virtualization, metadata provision, and semantic enhancement, along with MLOps for data mining. The platform is designed to facilitate seamless integration across various environments, allowing businesses to operate on both public clouds and on-premises without being locked into a single vendor. This flexibility enables organizations to leverage existing assets, such as ontologies and machine learning models, across different cloud services and regions, ultimately reducing time and costs. Founded in November 2013, Stratio has expanded significantly from a small team to over 500 employees, with offices primarily located in Madrid, Spain, Bogotá, Colombia, and Paris, France.

Hdiv Security

Seed Round in 2018
Hdiv Security SL, founded in 2008 and based in San Sebastián, Spain, specializes in security software that safeguards against security bugs and design flaws throughout the Software Development Lifecycle (SDLC). The company offers a unified platform that enables application self-protection, providing solutions such as hdiv detection, hdiv protection, and hdiv verification. These tools are designed to protect web applications and APIs from the outset of development, addressing root causes of security risks and streamlining compliance with standards like PCI DSS. Hdiv Security's innovative approach automates self-protection, allowing organizations to minimize operational costs and reduce the need for specialized security expertise. Their solutions are utilized across various sectors, including government, banking, and aerospace, making DevSecOps a practical reality for their clients.

CounterCraft

Seed Round in 2018
CounterCraft, established in 2015, specializes in advanced cybersecurity solutions, offering a full-spectrum cyber deception and counterintelligence platform. Headquartered in London with offices in Madrid, Washington DC, and R&D in San Sebastian, the company protects Fortune500 corporations, financial institutions, critical infrastructures, governments, and law enforcement agencies worldwide. CounterCraft's Threat Deception platform creates synthetic environments to lure attackers, generating valuable threat intelligence and providing real-time active response. By integrating with incident response workflows and proactively reconfiguring defensive systems, it empowers key stakeholders to effectively manage and mitigate rapidly evolving threats.

Scalefast

Series A in 2017
Scalefast is a global e-commerce platform that empowers brands in entertainment, consumer goods, and fashion sectors. Founded in 2014 and headquartered in El Segundo, California, with offices in Madrid and Paris, the company offers a comprehensive suite of tools and services to simplify and enhance online shopping experiences. Scalefast's platform provides business infrastructure, e-commerce operations, internationalization, fulfillment, fraud protection, and customer engagement features such as social sign-on, local currency and languages, checkout cross-selling, exclusive bundling, subscriptions, and loyalty programs. By leveraging artificial intelligence and e-commerce expertise, Scalefast enables brands to scale quickly, increase revenue, and better understand and retain customers.

Kompyte

Venture Round in 2017
Kompyte is a competitive intelligence tool that provides real-time insights into competitors' online strategies. Founded in 2014 and headquartered in San Francisco, with additional offices in Barcelona and Austin, Kompyte offers software that allows businesses to track, analyze, and respond to competitive changes effectively. Its platform compiles over 3.5 trillion data points annually, enabling users to monitor the digital strategies of their rivals and act swiftly on significant updates. Designed for professionals in product, marketing, and sales roles across more than 20 industries worldwide, Kompyte aims to enhance sales performance, marketing effectiveness, and product strategy through actionable intelligence.

CounterCraft

Seed Round in 2016
CounterCraft, established in 2015, specializes in advanced cybersecurity solutions, offering a full-spectrum cyber deception and counterintelligence platform. Headquartered in London with offices in Madrid, Washington DC, and R&D in San Sebastian, the company protects Fortune500 corporations, financial institutions, critical infrastructures, governments, and law enforcement agencies worldwide. CounterCraft's Threat Deception platform creates synthetic environments to lure attackers, generating valuable threat intelligence and providing real-time active response. By integrating with incident response workflows and proactively reconfiguring defensive systems, it empowers key stakeholders to effectively manage and mitigate rapidly evolving threats.

Qbitia

Venture Round in 2016
Qbitia is a software company that specializes in developing technology solutions for capital markets, aiming to streamline and enhance daily trading activities. With offices located in Chicago, London, and Madrid, the company offers a flagship product known as Qcaid, a cloud-based automated trading platform. Qcaid allows users to design, backtest, optimize, and execute trading strategies in real time without the need for programming expertise. This product has received recognition for its capabilities, having been awarded Best Automated Algorithmic Trading Platform at the 2016 Technical Analyst Awards. Through its innovative offerings, Qbitia seeks to simplify the complexities of trading and improve the efficiency of investment operations.

Qbitia

Seed Round in 2015
Qbitia is a software company that specializes in developing technology solutions for capital markets, aiming to streamline and enhance daily trading activities. With offices located in Chicago, London, and Madrid, the company offers a flagship product known as Qcaid, a cloud-based automated trading platform. Qcaid allows users to design, backtest, optimize, and execute trading strategies in real time without the need for programming expertise. This product has received recognition for its capabilities, having been awarded Best Automated Algorithmic Trading Platform at the 2016 Technical Analyst Awards. Through its innovative offerings, Qbitia seeks to simplify the complexities of trading and improve the efficiency of investment operations.

PlayGiga

Series A in 2015
PlayGiga provides a cloud gaming service that allows users to access premium video games on PCs, Macs, or TVs through a subscription model. By leveraging advanced virtualization technology, PlayGiga makes high-quality gaming accessible without the need for expensive hardware, addressing the financial barriers typically associated with premium gaming. This service enables customers to enjoy a curated selection of games for a low monthly fee, similar to the subscription models established by Netflix and Spotify in their respective industries. PlayGiga has formed strategic partnerships with notable companies, including Telecom Italia and Turner International, to deliver its cloud gaming solutions. It has successfully deployed its services in several countries, including Spain, Italy, Argentina, and Chile, while maintaining advantageous licensing agreements with major game publishers to ensure a robust catalog.

PlayGiga

Series A in 2014
PlayGiga provides a cloud gaming service that allows users to access premium video games on PCs, Macs, or TVs through a subscription model. By leveraging advanced virtualization technology, PlayGiga makes high-quality gaming accessible without the need for expensive hardware, addressing the financial barriers typically associated with premium gaming. This service enables customers to enjoy a curated selection of games for a low monthly fee, similar to the subscription models established by Netflix and Spotify in their respective industries. PlayGiga has formed strategic partnerships with notable companies, including Telecom Italia and Turner International, to deliver its cloud gaming solutions. It has successfully deployed its services in several countries, including Spain, Italy, Argentina, and Chile, while maintaining advantageous licensing agreements with major game publishers to ensure a robust catalog.

Stratio

Series A in 2014
Stratio is a digital transformation company specializing in artificial intelligence and big data solutions. It offers a hybrid virtual data management platform that encompasses the entire data management lifecycle, including auto-discovery, virtualization, metadata provision, and semantic enhancement, along with MLOps for data mining. The platform is designed to facilitate seamless integration across various environments, allowing businesses to operate on both public clouds and on-premises without being locked into a single vendor. This flexibility enables organizations to leverage existing assets, such as ontologies and machine learning models, across different cloud services and regions, ultimately reducing time and costs. Founded in November 2013, Stratio has expanded significantly from a small team to over 500 employees, with offices primarily located in Madrid, Spain, Bogotá, Colombia, and Paris, France.

AT&T CyberSecurity

Series D in 2013
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series C in 2012
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series B in 2012
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

AT&T CyberSecurity

Series A in 2010
AT&T Cybersecurity specializes in providing comprehensive security solutions tailored for mid-market enterprises facing modern security threats. The company offers a suite of products encompassing cyber strategy and risk, identity and fraud management, network and endpoint security, as well as threat detection and response. Key offerings include managed threat detection, unified security management for managed security service providers (MSSPs), and the AlienVault USM platform, which aids in threat detection, incident response, and compliance management. Additionally, AT&T Cybersecurity features the Open Threat Exchange, fostering collaboration among security professionals by sharing actionable threat intelligence. The company serves a diverse range of sectors, including education, healthcare, finance, and retail, ensuring that organizations can effectively manage their security needs without excessive complexity or costs. Founded in 2007 and headquartered in San Mateo, California, AT&T Cybersecurity operates as a subsidiary of AT&T Communications, LLC. The company also has offices in Ireland, Spain, Australia, and Texas.

Openbravo

Series B in 2008
Openbravo is a prominent provider of open source software solutions, specifically designed for midsize and large specialty retailers. The company offers the Openbravo Commerce Suite, a cloud-based, multichannel retail platform that facilitates the management of various business operations, including sales, refunds, cash management, and warehouse services. This platform enables retailers to enhance customer experiences in physical stores while allowing for business differentiation through its flexible and extendable technology. With a strong presence in countries such as France, India, Mexico, and Spain, Openbravo serves approximately 6,000 organizations globally via a network of Authorized Partners, helping them adapt to the fast-evolving retail landscape.

Advanced Digital Design

Series A in 2007
Advanced Digital Design develops system-on-chip (SoC) solutions for narrow band communications and digital data processes. The company’s product portfolio includes SoC solutions for narrowband power line communications; ASIC solutions for PLC base nodes implementation; and various starter and development kits. Advanced Digital Design offers its solutions for metering, home automation, intelligent buildings, lighting management, water management, photovoltaic installations, and machine-to-machine applications. It offers its products through a network of distributors in the Russian Federation, China, and Japan. Advanced Digital Design was founded in 2001 and is based in Zaragoza, Spain. As of October 6, 2011, the company operates as a subsidiary of Atmel Corporation.

Ecutronic Technologies

Venture Round in 2005
Ecutronic Technologies, SL specializes in the production of diagnostic systems designed for car repair workshops and field assistance. The company focuses on manufacturing equipment that facilitates the monitoring of engine performance and emissions analysis. Based in Malaga, Spain, Ecutronic Technologies aims to provide effective solutions to enhance the efficiency and accuracy of automotive diagnostics.
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