5 Spanish startups to watch out for

The startup market in Spain is experiencing a very good moment, with more and more entrepreneurs launching, accelerating and expanding their projects into new markets. According to the report, Venture Capital & Private Equity in Spain 2016, by the Spanish Association of Capital, Growth and Investment (ASCRI) the total volume of investment money received by Spanish startups in 2015 reached €659.4 million, which represents a rate of growth of 83% compared to 2014.

Investing in a promising startup might be a good option for foreign investors wanting to buy Spanish assets other than real estate. In this article we tell you about five ventures that we believe you will find interesting.

  1. IMMFLY

Immfly enhances the onboard digital experience through a wireless network. The platform gives passengers access to entertainment and e-commerce services during their flights. The company closed a partnership deal with Iberia Express to install the platform throughout their entire fleet and has closed agreements with more than 50 media companies, including the BBC, Bloomberg News and the Financial Times to reach an international public with content in English, Spanish and German. The Barcelona-based startup closed on € 2.4 million in funding last February.

  1. GLOVO

Glovo’s on-demand mobile application connects customers with independent, local couriers who will, on demand, pick up goods from any restaurant or shop in a city. Glovo also delivers packages in a local market area for a fixed fee of 4,90€. Glovo is a Barcelona-based startup, which commenced operations in 2015. Their service is currently available in Barcelona, Madrid, Malaga, Milano, Paris, Sevilla, Valencia, and Zaragoza. So far, the ambitious Glovo team has raised about € 2.14 million in venture capital.

  1. BOAT BUREAU

An Airbnb for yacht rentals currently operative in over a 100 countries around the world. The platform was launched in 2013, and is now available in Spanish, English, French, German, Italian and Russian. In 2015, over 20,000 people rented a yacht via the platform, resulting in € 1,5 million in generated income. The platform was launched using private funds from the founders as well as € 700,000 from public funds.

  1. GET YOUR HERO

GetYourHero is an online provider for cleaning professionals in Spain and Italy.  It enables users to book a trusted, handpicked and certified cleaner in less than 60 seconds through its application. The Barcelona-based startup was founded in 2014, and has secured a total of € 1.71 million in funding.

  

  1. STAMPERY

Stampery enables users to certify the existence, integrity & ownership of any file or communication using the bitcoin blockchain. All of the certifications generated by Stampery are automatically generated, impossible to modify, damage or destroy and valid globally even if Stampery disappears. Stampery was founded in Madrid and San Francisco in 2015, and raised over € 500,000 in venture capital.