Finaves V

Finaves S.C.R., S.A. is a venture capital firm based in Barcelona, Spain, established in 2000. It specializes in seed, start-up, early venture, and mezzanine investments, with a focus on new technology and Internet sectors while remaining open to opportunities across various industries. The firm prioritizes projects developed by students and alumni of the IESE Master's Programs. Finaves typically invests between €50,000 and €300,000 in each company, acquiring minority stakes and often securing a seat on the board of its portfolio firms. The firm targets investments in Europe, North and South America, and other regions, aiming for exits within four to six years.

Ulrich Kruse

Investment Director

24 past transactions

Busup

Venture Round in 2024
BusUp is a mobility service provider that focuses on efficient and flexible corporate commuting solutions, pioneering shared corporate shuttle services since its establishment in 2016. Operating globally in the U.S., Europe, and Latin America, BusUp serves major corporations such as Accenture, Roche, and Nestlé. The company leverages advanced technology and an innovative business model to transform a traditionally low-digitized sector, enhancing convenience for passengers, clients, operators, and public administration. BusUp has collaborated with over 150 operators and served more than 100 clients, facilitating the transport of over 500,000 passengers worldwide. Additionally, its platform allows users to book on-demand crowd-sourced buses for commuting and leisure, particularly in areas with limited public transport options.

Ciudadela

Seed Round in 2024
Ciudadela is a property management company that focuses on providing a digital platform for the administration and management of properties. The company offers a range of housing management services, including estate administration, a service marketplace, and building service management. By leveraging its innovative technology, Ciudadela aims to enhance the experience of property owners, streamlining the management process and improving overall efficiency in property administration.

Apartool

Series A in 2023
Apartool is a provider of temporary apartments, catering to both national and international markets. The company operates a serviced apartment booking platform designed to facilitate hotel services for corporate clients. This platform allows users to list, discover, and book short-term accommodations globally, simplifying the process for travel agencies and other organizations. Apartool's services enable users to compare and select suitable apartment options for employees and large teams, enhancing the efficiency of travel arrangements.

Nuwe

Seed Round in 2023
Nuwe is a startup that transforms the hiring and skill development process for tech professionals and companies alike. Its innovative gamified platform allows users to engage in challenges, participate in projects, and collaborate within a community to enhance their skills and advance their careers. By completing personalized challenges, users gain opportunities to showcase their abilities, while companies benefit from access to a database of validated candidates and can request tailored challenges to identify suitable talent. This approach not only improves recruitment efficiency but also enhances the company's reputation within tech communities. Additionally, Nuwe offers companies internal employee analytics to help optimize workforce performance, making it a valuable resource for both job seekers and employers in the tech industry.

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 products aimed at helping small and medium-sized enterprises (SMEs) digitize their operations. It has developed a comprehensive internal tool designed to streamline day-to-day business management. This platform includes features for creating and tracking services and tasks, managing employee timekeeping, customer relationship management, generating estimates and bills, overseeing inventory, controlling costs, and utilizing geolocation services. Additionally, Taclia offers a facilities management platform that allows service companies to consolidate their operations, facilitating the hiring, management, and tracking of maintenance and repair tasks and expenses in real-time. This enables clients to achieve efficient and valuable facilities services.

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 storage service provider based in Barcelona, Spain, offering valet storage solutions for individuals, apartment owners, and companies. Established in 2015, the company facilitates the pickup and storage of belongings, allowing customers to manage their items through an online catalog. Upon scheduling a pickup, Boxmotions collects the items from the customer's location, labels them, and creates a digital inventory, complete with images. In addition to its storage services, Boxmotions has expanded into the delivery of bulky items, such as furniture and home appliances, addressing the growing demand in the retail and e-commerce sectors. The company's technology enables customers to choose delivery time slots, ensuring a more efficient and user-friendly experience compared to traditional logistics solutions. Boxmotions aims to simplify urban living by providing flexible storage options and enhancing customer satisfaction through innovative service offerings.

Busup

Seed Round in 2019
BusUp is a mobility service provider that focuses on efficient and flexible corporate commuting solutions, pioneering shared corporate shuttle services since its establishment in 2016. Operating globally in the U.S., Europe, and Latin America, BusUp serves major corporations such as Accenture, Roche, and Nestlé. The company leverages advanced technology and an innovative business model to transform a traditionally low-digitized sector, enhancing convenience for passengers, clients, operators, and public administration. BusUp has collaborated with over 150 operators and served more than 100 clients, facilitating the transport of over 500,000 passengers worldwide. Additionally, its platform allows users to book on-demand crowd-sourced buses for commuting and leisure, particularly in areas with limited public transport options.

Talent Clue

Venture Round in 2018
Talent Clue is a recruitment software company founded in 2013 and based in Barcelona, Spain, with additional offices in Madrid and Mexico City. The platform is designed to automate and optimize the hiring process, enabling companies to efficiently post job vacancies, screen applications, and manage candidate information. It allows employers to publish job listings across various platforms, including social networks and job boards, while providing tools to centralize applicant data in a searchable database. Talent Clue fosters effective hiring by offering features such as automated personalized emails, customizable reporting, and insights on candidate sourcing. Additionally, the platform supports cloud-based CV management and ensures compliance with data protection regulations, helping businesses enhance their employer brand and streamline their recruitment efforts.

Daysk

Seed Round in 2018
Daysk is a complete mobility solution for professionals, companies, and self-employed people. With its Web platform and App, it offers quick access to tables and meeting rooms, where you can find a variety of spaces to work, such as: coworkings, business centers, hotels, among others. In this way, it helps companies to improve their agility and their flexible work policies, with access tools and space management (both internal and external, throughout their network). Daysk also offers a complete advice focused on the mobility strategy of companies.

Nexenta Systems

Corporate Round in 2017
Nexenta Systems, Inc. specializes in software-defined storage solutions, providing a comprehensive suite of products designed for cloud and virtualization environments. The company's flagship offerings include NexentaStor, which delivers file and block storage services for enterprise applications, NexentaCloud for optimizing virtual desktop infrastructure deployments, and NexentaEdge, an object storage platform that facilitates data retrieval without knowledge of its physical location. Additionally, NexentaFusion offers analytics and orchestration capabilities, enhancing the management of complex compute systems and data stores. With a focus on open-source driven software-defined storage, Nexenta serves over 6,000 customers and collaborates with a global network of partners, including major technology firms. Founded in 2005 and headquartered in San Jose, California, Nexenta operates as a subsidiary of DataDirect Networks, Inc., continuing to innovate in the storage industry while providing organizations with flexible, vendor-neutral solutions.

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!

Worldsensing

Seed Round in 2013
Worldsensing is a leading provider of Internet of Things (IoT) solutions, specializing in low-power wireless sensing networks. The company has developed comprehensive applications for smart cities and industrial sectors, focusing on mobility and industrial solutions. Its mobility portfolio includes Bitcarrier, a real-time traffic flow management system, and Fastprk, a widely recognized smart parking solution. In industrial applications, Worldsensing offers the LS-G6 platform, which monitors assets in challenging locations such as bridges, tunnels, and power lines. Founded in 2010, the company has secured funding through various investment rounds, with notable contributions from Fundación Jose Manuel Entrecanales and Kibo Ventures. Worldsensing has received multiple accolades for its innovations, including awards for Fastprk and Bitcarrier, and its CEO, Ignasi Vilajosana, was named the first Spanish Endeavor Entrepreneur in 2014. With offices in Barcelona and London, the company employs a team of over 40 professionals dedicated to enhancing infrastructure through advanced sensing technologies.

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 a mobile-based sales accelerator platform tailored for field sales teams, designed to enhance their performance and streamline sales activities. The platform features a native application compatible with smartphones, tablets, and smartwatches, which utilizes geo-location and voice-recognition technology to facilitate access to essential data such as contacts, appointments, and customer interactions. This enables sales representatives to concentrate on selling rather than administrative tasks. Additionally, ForceManager provides sales managers with real-time insights and detailed statistics on team activities, allowing them to make informed decisions and optimize revenue generation. By improving the efficiency of sales operations, ForceManager aims to boost overall sales performance for organizations.

Good Deal

Venture Round in 2011
Good Deal is a Spanish software company that specializes in providing technological solutions for retailers aimed at enhancing efficiency and promotional visibility. The company offers digital loyalty services designed to boost point-of-sale performance and promote various channels. By leveraging customer shopping habits and preferences, Good Deal delivers personalized promotions through digital platforms, allowing brands to effectively manage their digital marketing efforts. This approach not only increases promotional awareness but also helps retailers engage customers more meaningfully, ultimately driving sales and improving overall business performance.

Talmix

Angel Round in 2010
Talmix operates a prominent talent marketplace that connects organizations with independent business and consulting talent, facilitating access to on-demand expertise for project support, interim assignments, and strategic initiatives. Established in 2016, Talmix serves over 1,000 corporate users and boasts a network of 60,000 registered talents. The marketplace features three primary products: a platform for sourcing talent, talent pools for proactive management of external workforce needs, and solutions for clients wishing to integrate their own talent with payroll and compliance support. Talmix's offerings are distinguished by its proprietary technology, which enhances user experience and delivers actionable insights on talent usage, skills, and costs. The marketplace allows hiring managers to engage with matched talent within 24 hours and provides visibility to HR and procurement teams overseeing extended workforce programs. Additionally, its open API architecture facilitates seamless integration with third-party systems, ensuring operational efficiency for clients.

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 prominent provider of sustainable mobility solutions focused on two-wheeled transportation in Europe. Founded in Barcelona 15 years ago by entrepreneur Timo Buetefisch, the company operates in six countries: Austria, Spain, France, Italy, Portugal, and the Czech Republic, employing nearly 400 people. With a fleet exceeding 16,000 vehicles, 64% of which are electric scooters, Cooltra aims to reduce emissions and enhance urban mobility. The company offers various services, including minute-based rentals of scooters and electric bicycles, as well as long-term rentals for individuals, businesses, and public administrations. This approach alleviates common urban challenges such as finding parking, navigating traffic, and managing public transport delays.
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