Grupo ITnet

Grupo ItNet is an internet business incubator and venture capital firm based in Barcelona, Spain. Founded in 1996 by Carlos Blanco, the company focuses on investments in early-stage digital startups, particularly in the e-business, telecommunications, media, and entertainment sectors. ItNet not only provides financial backing but also offers mentoring and networking opportunities to support its portfolio companies. Through its targeted investments, Grupo ItNet aims to foster innovation and growth within the digital and game leisure industries.

Axel Serena

Partner

Past deals in Barcelona

Pricebets

Venture Round in 2012
Pricebets is an sports betting odds comparison, an Spanish tech startup based in Barcelona. With an important comparison development, qualified as one of greatest along Europe. Pricebets is employing 7 people and the company has been recognized as a potential growing company in some important contests in Spain.

Akamon Entertainment

Acquisition in 2011
Akamon Entertainment Millenium, S.L. is a developer and operator of online and mobile social games, primarily targeting the Latin American and Southern European markets. Founded in 2011 and based in Barcelona, Spain, the company focuses on offering a diverse range of casino and traditional multiplayer games, including chess, pool, bingo, checkers, dominoes, slots, and lottery. Akamon employs a local approach by utilizing its own portals, as well as those of partners and social media platforms like Facebook. The company operates under various brands, including Mundijuegos, Mundijeux, Ludijogos, and Mundigiochi, and specializes in synchronous gaming to enhance user engagement. Akamon has established itself within the competitive online gaming industry while adapting its offerings to suit regional preferences.

Ongest Gestiones Y Servicios De Internet

Series A in 2010
Ongest Gestiones Y Servicios De Internet, SL is a Barcelona-based company that specializes in developing invoice and billing software solutions. Founded in 2009, the firm provides an online billing and communication platform tailored for managers and advisers, facilitating the secure storage and retrieval of documents. Additionally, Ongest offers expense management solutions, including the Captio application, which allows users to capture receipts via their smartphones. This application enables automatic data extraction from receipts, aiding users in generating expense claims and conducting financial analysis. The company's services cater primarily to small and medium-sized enterprises (SMEs) and self-employed individuals, assisting them in managing budgets and professional invoicing.

EscapadaRural

Seed Round in 2008
EscapadaRural, Servicios para propietarios S.L., established in 2007 and headquartered in Barcelona, Spain, operates an online platform dedicated to rural vacation rentals. The platform serves as a resource for travelers seeking to discover and book accommodations in rural areas, facilitating access to a variety of rural houses. It also provides a reservation management application for property owners, enabling them to efficiently advertise their listings and promote their businesses. Through its services, EscapadaRural connects travelers with rural lodging options, supporting the growth of tourism in these communities.

Vertical Social Networks

Seed Round in 2008
Vertical social networks development firm located in Barcelona.
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