Draper B1

Draper B1 is a venture capital firm established in 2010 and located in Valencia, Spain. The firm specializes in seed and early-stage investments, focusing on B2B and B2B2C startups. Draper B1 targets a diverse range of sectors, including software, marketplaces, artificial intelligence, blockchain, and mobile applications. Through its investments, the firm aims to support innovative companies that demonstrate strong growth potential.

Luz Adell

Managing Partner

Raquel Bernal

Managing Partner

Jon Etxeberria

Principal

Luis Treviño

Associate

Ana Álvaro

Principal

Past deals in Spain

Blaine

Series A in 2024
Blaine is an innovative floral business based in Barcelona, focused on modernizing the delivery of fresh flowers to consumers. The company distinguishes itself by offering bouquets presented in elegant customizable round boxes equipped with a hydration system, eliminating the need for vases and allowing customers to easily maintain their flowers. Blaine ensures quick delivery, shipping bouquets throughout Spain within 24 hours and guaranteeing their freshness for over seven days. In addition to fresh flowers, Blaine also manufactures bio-realistic artificial flower arrangements and pots, promoting sustainability through a monthly subscription service. This service is designed to reduce maintenance for individuals and businesses while supporting the circular economy by providing sustainable floral decoration options.

OffUgo

Seed Round in 2022
OffUgo, founded in 2020 and headquartered in Palma, Spain, specializes in providing car rental services aimed at enhancing long-distance mobility across the country. The company offers a platform featuring a selection of high-quality, curated vehicles that can be customized to meet individual preferences, including language configurations. OffUgo also ensures a transparent booking process by eliminating hidden charges and provides 24/7 road assistance, enhancing the overall customer experience in car ownership and mobility solutions.

Nware

Venture Round in 2022
Nware is a cloud gaming platform developed by the Spanish tech startup Cloudware S.L., based in Madrid. The platform enables users to play personal computer and Android games on a variety of devices, including smartphones, smart TVs, and tablets. By eliminating the need for installation and bypassing technical specifications, Nware addresses common challenges faced by gamers, such as high costs associated with consoles and the demanding requirements of many games. This innovative approach allows users to enjoy their favorite games anytime and anywhere, promoting greater accessibility and flexibility in gaming.

Blaine

Seed Round in 2021
Blaine is an innovative floral business based in Barcelona, focused on modernizing the delivery of fresh flowers to consumers. The company distinguishes itself by offering bouquets presented in elegant customizable round boxes equipped with a hydration system, eliminating the need for vases and allowing customers to easily maintain their flowers. Blaine ensures quick delivery, shipping bouquets throughout Spain within 24 hours and guaranteeing their freshness for over seven days. In addition to fresh flowers, Blaine also manufactures bio-realistic artificial flower arrangements and pots, promoting sustainability through a monthly subscription service. This service is designed to reduce maintenance for individuals and businesses while supporting the circular economy by providing sustainable floral decoration options.

Coinscrap Finance

Venture Round in 2021
Coinscrap Finance S.L., founded in 2016 and based in Pontevedra, Spain, offers a mobile application designed to help users save money by rounding up their daily card purchases. The app automatically transfers the spare change to designated savings accounts, making it easier for users, particularly millennials, to accumulate savings. Coinscrap also collaborates with leading European banks and insurance companies, enhancing their digital offerings to younger generations through personalized experiences and data-driven business models. Additionally, the company employs an artificial intelligence-powered recommendation engine to better understand clients' financial situations and suggest suitable products, benefiting both financial institutions and their customers.

idoneo

Seed Round in 2021
Idoneo is an online marketplace based in La Rioja, Spain, that facilitates the search, comparison, and purchase of new cars, as well as car leasing options. Established in 2017, the platform provides customers with up to five offers from certified dealers, simplifying the car-buying process by eliminating the need for extensive dealer visits and negotiations. Idoneo's technology allows individuals, freelancers, and small to medium-sized enterprises to digitally hire leasing cars in just five minutes using a mobile device. This service aims to make car ownership more flexible and affordable while ensuring a trustworthy pricing experience for customers.

Balio

Seed Round in 2021
Balio is a fintech application founded in 2019 and based in Barcelona, Spain. It provides users with a platform that combines investment and personal finance expertise, enabling them to develop personalized financial plans tailored to their goals. The application automates long-term financial planning and facilitates investment in a diversified crowdlending portfolio, making financial management more accessible. By utilizing stablecoins, Balio allows users to manage their finances in an automated manner, supporting them in building net worth that contributes to financial freedom both now and in the future.

Streamloots

Seed Round in 2019
Streamloots operates a marketplace that facilitates real-time interactions between live streamers and their audiences. Founded in 2018 and based in San Mateo, California, with an additional location in Cartagena, Spain, the platform enables streamers to define and sell custom interactive content, such as emotes and chat commands, which viewers can purchase and use to engage with their favorite influencers. This interaction not only enhances the streaming experience but also provides a monetization avenue for streamers who lack traditional products to offer. Streamloots' technology integrates seamlessly with various streaming platforms, allowing for dynamic engagement between content creators and their followers.

Boatjump

Series A in 2018
Boatjump is an online platform that facilitates boat rentals worldwide, offering a database of over 20,000 boats for users to search, compare, and book quickly and easily. Established in 2016, the platform has successfully served more than 25,000 users, addressing common challenges in the boat rental process, such as slow searches, lack of real-time availability, and unclear pricing. Boatjump operates as a marketplace that connects potential renters with boat owners and agencies, ensuring a straightforward experience with transparent pricing and real-time availability. The primary markets for Boatjump include the USA and Spanish-speaking countries, with popular destinations such as the Caribbean, Spain, Croatia, Greece, Turkey, and Italy. The company has experienced significant growth since its inception, with its headquarters located in Valencia, Spain, and Miami, USA.

Skitude

Seed Round in 2018
Skitude is the ultimate digital platform to connect skiers and mountain enthusiasts, giving them more convenience, safety and fun when they visit any ski resort and mountain destination. And it works the other way too, connecting resorts and brands to both existing and potential customers. Since December 2020, Skitude Holding AS is a listed company in Euronext Growth Oslo, with main offices in Norway, Spain, Switzerland, and US. For more information about the group and its company brands checkout www.skitudegroup.com

Skitude

Seed Round in 2017
Skitude is the ultimate digital platform to connect skiers and mountain enthusiasts, giving them more convenience, safety and fun when they visit any ski resort and mountain destination. And it works the other way too, connecting resorts and brands to both existing and potential customers. Since December 2020, Skitude Holding AS is a listed company in Euronext Growth Oslo, with main offices in Norway, Spain, Switzerland, and US. For more information about the group and its company brands checkout www.skitudegroup.com

Skitude

Seed Round in 2016
Skitude is the ultimate digital platform to connect skiers and mountain enthusiasts, giving them more convenience, safety and fun when they visit any ski resort and mountain destination. And it works the other way too, connecting resorts and brands to both existing and potential customers. Since December 2020, Skitude Holding AS is a listed company in Euronext Growth Oslo, with main offices in Norway, Spain, Switzerland, and US. For more information about the group and its company brands checkout www.skitudegroup.com

Tallerator

Seed Round in 2016
Tallerator is a web and mobile marketplace based in Madrid, Spain, that facilitates financial compensation and budget comparisons for car repairs and maintenance. The platform allows users to request specific services, prompting local workshops to respond with competitive estimates. Customers can easily compare these offers based on price, service quality, and proximity, enabling them to make informed decisions. Tallerator also serves as a centralized platform for recording vehicle repair histories, providing users with comprehensive information on their car maintenance. Founded in 2012 and initially supported by an accelerator program in Spain, Tallerator continues to refine its services to ensure optimal customer satisfaction and cost-effectiveness.

Traventia (previously Oviceversa)

Seed Round in 2014
Traventia (previously named Oviceversa) is a sports travel agency that provides ski vacation packages in ski resorts in Spain, Andorra, and France. It offers customized ski vacation, lodging packages, and accommodation facilities at destinations such as French Pyrenees, Alps, and Andorra among others.

Cronoshare

Pre Seed Round in 2012
Cronoshare is the largest local services platform in Spain, founded in 2012 and based in Valencia. It connects customers seeking various services with registered professionals looking to acquire new clients. The platform offers over 300 types of services, including home renovations, events, beauty, pet care, sports, and health. Customers can request up to four free, no-obligation quotes from professionals. Once bids are received, clients can review each professional's reputation, pricing, and other relevant factors before making their selection. After the service is completed, clients have the opportunity to rate the professional based on punctuality, personal interaction, and professionalism. This user-friendly approach facilitates connections between individuals needing assistance with small tasks and those willing to provide such services.
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