Grupo Next captures and manages large volumes of vehicle-generated data to deliver tailored services to end users and companies. Its technology extracts information in real time and operates as a marketplace that manages events and data from the automobile sector. The company offers tools to monitor consumption and expenses and to improve vehicle efficiency, reducing clients' costs. Grupo Next aims to become the largest car IoT platform for the aftermarket and to expand beyond its main market in Spain. It also operates in Belgium, Chile, Mexico and Colombia and has a total of 10,000 users. The group created Next Seguros, a pay-per-use InsurTech subsidiary, and has raised over €4.5M across five rounds to date.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2019