Endado operates an online marketplace for car spare parts and oils, targeting customers who may lack technical knowledge about parts. The company’s stated goal is to simplify purchases and deliver up to 50% savings on vehicle maintenance or repairs. It is classified in the IT/Internet sector and is based in Alcobendas (Madrid). Endado will use the newly raised funds to hire additional profiles to improve service and support growth. The company previously attracted investment from Big Sur Ventures‑Necotium, which also led its latest round. The round is positioned to reinforce product and commercial expansion through improved service capabilities. Endado operates an online marketplace for car spare parts. The company closed a €130,000 funding round that attracted venture capital investors. Proceeds are earmarked to build a simpler website, strengthen the team, and invest in marketing to meet 2016 growth goals. Endado first gained visibility after winning the Seedrocket campus in November 2014. Over the prior two years it had quadrupled revenue year-over-year and reported monthly growth rates of about 15%.

Total raised

$0M

Funding rounds

2

Latest round

Equity

Latest activity

Jun 2016