Finaves

Finaves is a venture capital firm based in Barcelona, Spain, founded in 2000. It specializes in seed, startup and early venture investments as well as mezzanine financing, primarily backing technology and Internet ventures but open to other sectors. The firm prioritizes business projects developed by students and alumni of the IESE Master Programs and seeks to support companies at early stages with a small investment footprint, typically up to 300,000 euros. It makes minority investments and aims to take a seat on the boards of its portfolio companies, with an exit horizon of four to six years. Finaves invests across multiple regions, including Europe, North and South America, and Spain, and also considers opportunities beyond these geographies. Sectors of interest include environment, information technology, services and retail.

Ulrich Kruse

Investment Director

24 past transactions

BusUp

Venture Round in 2024
BusUp is a mobility service provider focused on efficient and flexible corporate commuting through shared shuttle services. Established in 2016, BusUp operates globally in the United States, Europe, and Latin America for large corporate clients. The company works with a network of operators to offer on-demand, crowd-sourced shuttle solutions that improve transportation efficiency for passengers, employers, operators, and public authorities. By digitizing and coordinating routes, BusUp enhances convenience and reliability for employees commuting to work and for events in areas with limited public transport. The platform supports suburban and exurban journeys, enabling organizations to manage mobility at scale while reducing logistical complexity and transit costs.

Ciudadela

Seed Round in 2024
Ciudadela is a property management company offering a digital platform for administering and managing properties. It provides housing management services such as estate administration, service marketplace, and building service management, enabling property owners to efficiently manage their services and enhance their experience.

Clevergy

Seed Round in 2024
Clevergy designs and programs electronic components by developing firmware for various control units. Its platform optimizes energy management through personalized advice, bill savings, operation centralization, and understanding customer consumption habits.

Apartool

Series A in 2023
Apartool is a global provider of temporary apartment rentals, offering hotel-like services for corporate clients. Its platform enables users to discover, book, and compare short-term accommodations worldwide.

Nuwe

Seed Round in 2023
Nuwe is a startup focused on transforming the hiring process for tech professionals while enhancing companies' recruitment and people management strategies. The company has created a gamified platform that enables users to engage in challenges, participate in projects, and contribute to a community that promotes knowledge sharing and mutual support. This interactive approach facilitates users' professional development and increases their chances of securing employment. For companies, Nuwe offers tailored challenges and access to a database of validated candidates, allowing them to identify and attract qualified talent. Additionally, the platform provides insights into employee performance analytics, assisting organizations in optimizing their workforce and enhancing their reputation within tech communities. By fostering collaboration and skill development, Nuwe aims to reshape the landscape of tech recruitment.

Club Clínico

Seed Round in 2022
Club Clínico is a managed marketplace for dental clinics so they can centralize, optimize and improve their procurement management. Club Clínico's management software centralizes purchases and acts as an intermediary for clients to buy at franchise prices. Club Clnico provides customers with free software for centralized purchasing management, allowing clinics to focus on their patients while saving time and money on purchases.

Taclia

Seed Round in 2021
Taclia is a company that specializes in providing digital solutions for small and medium-sized enterprises (SMEs) to streamline their operations. It develops an internal tool that facilitates the management of daily business activities, encompassing a wide range of functions such as service and task creation, employee timekeeping, customer relationship management, estimates and billing, inventory management, cost control, and geolocation. Additionally, Taclia offers a facilities management platform that enables service companies to centralize their operations, allowing them to efficiently hire, manage, and track maintenance and repair tasks and associated expenses in real-time. This comprehensive suite of tools is designed to enhance productivity and optimize service delivery for its clients.

Ixoriguè Technologies

Seed Round in 2021
Ixoriguè Technologies is digitizing livestock farms. Ixoriguè Technologies gives users the ability to digitally manage a farm and automatically control their livestock using Ixotrack GPS collars while also receiving alerts on their mobile devices. Their farmers may improve their quality of life and their bottom line. Their functions and services include digitization of livestock, sensorization through ixotrack smart collars, management of livestock processes through a web application, data integration with any platform through an API that is updatable and scalable.

Boxmotions

Venture Round in 2020
Boxmotions S.L. is a company based in Barcelona, Spain, that specializes in valet storage services. Founded in 2015, it provides a convenient solution for individuals and businesses looking to manage their belongings without needing to sacrifice space in their homes or offices. Customers can schedule pickups of their items, which are then transported to a secure storage facility. Boxmotions creates a digital inventory with images of each item, allowing users to track their belongings through an online catalogue. The service caters to apartment owners, individuals, and companies, offering a monthly subscription that simplifies the management of personal logistics. By leveraging a unique technology stack, Boxmotions also aspires to enhance customer experience in bulky item logistics, addressing the growing demands of e-commerce and retail.

BusUp

Seed Round in 2019
BusUp is a mobility service provider focused on efficient and flexible corporate commuting through shared shuttle services. Established in 2016, BusUp operates globally in the United States, Europe, and Latin America for large corporate clients. The company works with a network of operators to offer on-demand, crowd-sourced shuttle solutions that improve transportation efficiency for passengers, employers, operators, and public authorities. By digitizing and coordinating routes, BusUp enhances convenience and reliability for employees commuting to work and for events in areas with limited public transport. The platform supports suburban and exurban journeys, enabling organizations to manage mobility at scale while reducing logistical complexity and transit costs.

Talent Clue

Venture Round in 2018
Talent Clue, established in 2013, is a Barcelona-based company with additional offices in Madrid and Mexico City. It specializes in providing a recruitment software tool that streamlines the hiring process for businesses. The platform enables companies to create job postings, publish them across various job boards and social networks, and centralize all candidate information in a searchable database. It offers features such as automated email templates, candidate filtering, and reporting to enhance hiring effectiveness. Additionally, Talent Clue ensures data protection and allows companies to organize CVs in the cloud.

Daysk

Seed Round in 2018
Daysk is a platform that facilitates the booking of professional spaces such as coworkings, business centers, and hotels for meetings or work. It aids companies in enhancing agility and flexible work policies by managing internal and external space access.

Nexenta Systems

Corporate Round in 2017
Nexenta Systems, Inc. is a leading provider of software-defined storage solutions, specializing in open-source-driven technology. Founded in 2005 and headquartered in San Jose, California, the company offers a range of products designed to optimize storage infrastructure for enterprise applications. Its flagship platform, NexentaStor, delivers both file and block storage services, while NexentaCloud enhances virtual desktop infrastructure deployments. The NexentaEdge object storage platform allows users to access data without needing to know its physical location. Additionally, NexentaFusion provides analytics and orchestration software for managing complex compute systems and data stores. Nexenta's solutions are designed to support various applications, clouds, and hardware platforms, enabling organizations to avoid vendor lock-in and adopt flexible, scalable storage strategies. The company has established strategic partnerships with numerous technology leaders and serves a diverse global customer base. As of May 2019, Nexenta operates as a subsidiary of DataDirect Networks, Inc.

BANDIT

Seed Round in 2016
BANDIT Solutions, S.L. operates an online recruitment platform based in Barcelona, Spain, established in 2011. The platform, launched in December 2016, focuses on connecting companies with top digital talent actively seeking new job opportunities. By utilizing data mining and machine learning tools, BANDIT streamlines the hiring process, enabling businesses to pre-select candidates based on specific project requirements. This innovative approach places talent at the forefront of the recruitment process, facilitating efficient matches between job seekers and employers. The leadership team includes Francesc Font and twins Jorge and Nicolás Araujo, along with Sergio Méndez.

Almashopping

Venture Round in 2014
Almashopping.com is the 1st Online Beauty Community and E-Commerce references in Latam Their starting point is recognizing that consumers have changed, and today, a Community is a more powerful, more organic and more efficient way of reaching out. The question woman ask themselves today is not “what’s new?” or “what’s on sale?” anymore, but they are rather curious about whom of their friends liked a product, who else is using that product, what are they saying about it and who else is buying it! Their business model therefore replicates the “purchasing process of beauty products” in a 3 step approach: TRIAL, RECOMMENDATION and AVAILABILITY. - TRIAL: “Woman like to try the product before buying it” For trial they have developed Almabox, a subscription model in which woman receive a box with beauty samples. It’s a BEAUTY DISCOVERY SERVICE! Model is inspired in the US based Birchbox and European Glossybox. - RECOMMENDATION: having a friend or a professional recommending a product, is a powerful purchase driver. They bring the necessary tools to allow consumers interact with the products and their beauty specialists, and they do that through social media and events in the real world. - And Finally, AVAILABILITY: Penetration of beauty retailing in LATAM is limited, and finding the product everyone is talking about is not always easy. For that they have developed Almashopping, their beauty e-commerce. At the end of the day, putting these 3 gears together makes a powerful mechanism. Alma Cosmerics is not the old marketing way, its the new way: Consumers market to each other and they build the path-to-purchase over the internet, where their consumers are! Building a community is the way to go to develop beauty e-commerce, and they believe the nature of the market in LATAM makes it the next big think!

Nubelo Solutions

Seed Round in 2014
Nubelo Solutions operates an online career marketplace tailored for the digital workforce, including developers, designers, digital marketers, and product owners. The company collaborates with clients to identify their project and team requirements, subsequently matching them with pre-screened professionals available for full-time, part-time, or hourly engagements. Users of the Nubelo platform benefit from personalized support during the interview process from dedicated Talent Advocates, who provide objective guidance. Additionally, the platform allows users to compare job opportunities side by side, facilitating informed career decisions. Employers gain access to a curated pool of candidates eager for new roles or project collaborations. Nubelo Solutions is headquartered in Barcelona, Spain, and Buenos Aires, Argentina, offering a streamlined and efficient hiring experience that surpasses traditional methods.

Worldsensing

Seed Round in 2013
Worldsensing specializes in Internet of Things (IoT) solutions, focusing on mobility and industrial applications. Its portfolio includes Bitcarrier for real-time traffic flow management and Fastprk for smart parking systems. Additionally, Worldsensing offers the LS-G6 platform to monitor critical assets in remote locations such as bridges, tunnels, and mines. With offices in Barcelona and London, the company employs over 40 professionals.

Mythos

Angel Round in 2012
Mythos is the ultimate e-commerce solution for SMEs, proffessionals or individuals/entrepreneurs looking to sell online from all the different available platforms, and powered by waves and waves of incentivized word of mouth by users, customers, or simply by people looking to make a living online out of affiliate marketing or MLM marketing with their reviews, buys, shares, likes, and all of their other social activity, whether online or offline.

ForceManager

Seed Round in 2011
ForceManager is an all-in-one sales acceleration platform designed for field sales teams. It offers a native mobile application that tracks sales activity and provides contextual information on-the-go, enabling sales reps to focus on selling rather than reporting. The platform also equips sales managers with real-time insights into their team's performance, facilitating data-driven decision-making and increased revenue.

Good Deal

Venture Round in 2011
Good Deal is a Spanish software company that specializes in providing technological solutions for retailers aimed at enhancing operational efficiency and promotional effectiveness. The company offers digital loyalty services designed to boost point-of-sale performance and optimize promotional channels. By utilizing customer shopping habits, Good Deal's services enable brands to deliver personalized promotions through various digital channels. This approach allows retailers to effectively manage their promotional strategies and improve customer engagement, ultimately driving sales and fostering brand loyalty.

Talmix

Angel Round in 2010
Founded in 2016, Talmix operates a leading global marketplace connecting businesses with independent business talent on demand. Its platform offers direct sourcing of expertise for projects and interim assignments, facilitating strategic initiatives and specialized solutions. With over 1,000 corporate users and 60,000 registered talents, Talmix provides convenient access to top-tier consultants while maintaining operational efficiency.

ImpactMedia

Venture Round in 2010
At Impact Media, we’re passionate about those ideas that make a real difference to your bottom line. Ideas have the power to revolutionise your brand, your sales and your market share. That’s a fact and a philosophy. Since 2003, we’ve been turning great business ideas, goals and visions into highly bankable marketing collateral, for an ever-expanding client base. We deliver tactical graphic design and web-based solutions, and we also run 360 degree campaigns for some of Ireland’s biggest businesses. As a young company, we understand that life can be tough for budding entrepreneurs. That’s why we honour them through our annual Elevate Awards, and help them on the path to market domination. We also work with number of local charities on a fee-free basis, because we recognise the importance of giving something back. Impact Media’s offices in Galway or Limerick are always open for a visit. If you show us your ideas, we'll show you ours. Then we’ll deliver a brand revolution.

Cooltra

Funding Round in 2009
Cooltra is a European provider of sustainable mobility solutions on two wheels. Founded in Barcelona about 15 years ago, the company operates in six European countries and employs roughly 400 people. It manages a fleet of more than 16,000 vehicles, with about 64% electric scooters, enabling a low-emission footprint. Cooltra offers scooter and e-bike sharing by the minute and rental services for individuals, companies, and public administrations, covering durations from minutes to months. It also provides business mobility options such as employee sharing programs, credit sales, and specialized police fleets.
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