Led · Equity · Dec 2023

ElAbogado operates an online advertising business that connects individuals seeking legal services with lawyers through a bidding auction analogous to Google Ads. Leads are processed by its proprietary LIQS message-analysis and qualification technology and handled by a team of 30 lawyers who typically contact prospects in under one minute during business hours. Lawyers bid for geographically and specialty-matched leads in a real-time auction; 1,700 lawyers currently pay for the service from 15,000 registered users, against a total Spanish bar of about 150,000. The company is profitable with positive cash flow and has consumed €650,000 of capital to date. Its stated competitive advantages are superior lead qualification, an internally developed lead-assignment auction system, and a seasoned management team with prior profitable ventures such as Derecho.com and elAbogado.com. Growth plans include doubling registered lawyers in Spain through brand-awareness activities and pursuing expansion into the U.S., especially the Spanish-speaking market.

Led · Equity · May 2022

Sheetgo provides a single application that connects critical spreadsheet data across Google, Microsoft and Dropbox environments to let managers build automated workflows without IT intervention. The platform targets heads of department who need no-code automation inside familiar spreadsheet tools. It has more than 3.5 million downloads on the Google Workspace Marketplace. Following a company restructuring, Sheetgo is prioritizing a ‘beyond spreadsheets’ product release and a more customer-centric, proactive commercialization strategy. The startup plans to pursue third-party security certification for larger clients and deepen collaboration with existing technology partners. The company says the new capital will be used to increase commercial presence and scale its customer base. Bewater Funds noted Sheetgo met the Rule of 40, an indicator referenced by the investor in deciding to lead the round. Sheetgo offers a cloud SaaS layer around spreadsheets that lets users create, automate, share and control workflows by connecting and synchronizing multiple sheets, avoiding manual copy‑paste and reducing errors. The product is available as a Google G Suite / Google Sheets add‑on and is compatible with Excel, CSV, OpenOffice and Microsoft OneDrive. The company was founded in 2016 by Yannick L. Rault and is based in Valencia. Sheetgo reports 500,000 users and a customer base across 70 countries that includes companies such as Spotify, Uber, The Guardian, Delta Airlines, Banque Nationale, Sage and Air Liquide. The company says the new product version will greatly expand users' workflow management capacity and enable many more integrations while keeping the user experience simple. It plans to use the funds to expand and refine its technology and to continue international expansion. Sheetgo develops a tool that lets users connect and automate data flows in spreadsheets easily. The platform is available in the Google G Suite Marketplace and supports Google Sheets, Excel, CSV and other formats. The founding team includes Yannick L. Rault (founder and CEO) and cofounders Chad Pittman, Jonatan Gomes da Silva and Rafael Vidal, who previously built an online spreadsheet-based management system. The company is exploring expanding its technology to other platforms such as OneDrive. Sheetgo operates in the internet/software sector and completed a financing event in 2017 that impacts its near-term financial position. No operating metrics were disclosed in the article.

Participated · Equity · Apr 2022

Datos101, founded in 2016 and headquartered in Madrid, specializes in cloud backups, disaster recovery, storage, synchronization and file-sharing for companies. Since 2021 the company has expanded its cybersecurity capabilities through the acquisition of Forensic&Security and a distribution partnership with Bitdefender, adding SOC monitoring services. Its growth plan focuses on offering an integrated service for SMEs covering cybersecurity, data protection and IT services, pursued both organically and via acquisitions. Datos101 highlights operational strengths including Tier‑IV data centers in Spain (99.999% availability), GDPR compliance and ISO 27001 certification, and a network of more than 600 partners. Leadership cites rising cyberattacks and growing demand for security solutions as drivers for expanding the cybersecurity business line. The company has initiated a new capital increase to support further development of its security and continuity offerings. Datos101 offers cloud backup, business continuity, storage and disaster-recovery services to companies, managing data end-to-end across three Tier IV data centers in Europe. The service helps customers comply with Spain's data-protection rules and ISO 27001 processes and supervision of backups. The company targets SMEs and aims to become a national market leader while expanding abroad. Management plans to open new markets in Portugal, Italy and Central Europe and to develop new tools and products for its partner network. Datos101 already works with more than 500 partners and says demand increased during the COVID-19 pandemic as remote work raised need for automated cloud backup solutions.

Led · Series A · Oct 2021

DocDigitizer is a Lisbon-based SaaS platform operating in the intelligent document processing (IDP) and cognitive data capture space. It extracts information from documents with near 100% accuracy guaranteed by SLAs, offers zero set-ups, and a full pay-per-use model. The company positions its technology to support data-driven hyper-automation. DocDigitizer is expanding its platform to ease the exchange and validation of information. Financially, the company raised €800,000 in a pre-Series A round in September 2021 to support growth in 2021 and 2022. The round was led by Bewater Funds.

Led · Equity · Jun 2021

MESBook is a SaaS product for industrial customers that digitalizes and connects manual, disconnected factory operations and provides real-time management information to factory leadership. The company reports more than 100 projects across 15 different sectors and was incubated at Lanzadera for over five years. MESBook positions itself in the MES/MOM space competing with large incumbents such as Siemens and Schneider while emphasizing usability, fast deployments and measurable cost savings. Deployments are 100% web-based, average €20,000 per year in cost, and typically take about 16 weeks to implement. The company highlights payback periods for clients below one year through direct and indirect cost savings and investment optimization. MESBook says the financing will help scale sales and product development toward a plan to reach 300 projects by 2023 and to remain the most advanced system on the market.