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The Venture Codex

Encomenda

C/ Mèxic, 17 – 2º 1ª, Barcelona, Catalonia, 08004, Spain

Overview

Venture capital firm specializing in seed investments in tech startups.

Founded

2016

Deals · 12mo

7

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed

Geographic focus

Spain

Sector focus

Business Development
Financial Services
Venture Capital

Investment portfolio

57rounds
NAMEDATESIZE
Eleva AI
Jul 2026Led
$0.57 MSeed
Tripjoin
Jul 2026Led
$0.34 MOther Equity
Mathew
May 2026Led
$1 MSeed
CarHub
Apr 2026Led
$0.41 MOther Equity
Bcount
Mar 2026Participated
$1 MSeed
Vig-Sec Drone
Dec 2025Led
$1 MOther Equity
Uxia
Nov 2025Participated
$1 MSeed
Metly
Jul 2025Led
$0.60 MSeed
KomboAI
Oct 2024Participated
$0.81 MSeed
FitnessKPI
Jul 2024Participated
$1 MOther Equity
Zinkee
May 2024Participated
$2 MOther Equity
Cuimo
Nov 2023Led
$0.98 MOther Equity
Eleva AI
Jul 2026Led
$0.57 MSeed
Tripjoin
Jul 2026Led
$0.34 MOther Equity
Mathew
May 2026Led
$1 MSeed
CarHub
Apr 2026Led
$0.41 MOther Equity
Bcount
Mar 2026Participated
$1 MSeed
Vig-Sec Drone
Dec 2025Led
$1 MOther Equity
Uxia
Nov 2025Participated
$1 MSeed
Metly
Jul 2025Led
$0.60 MSeed
KomboAI
Oct 2024Participated
$0.81 MSeed
FitnessKPI
Jul 2024Participated
$1 MOther Equity
Zinkee
May 2024Participated
$2 MOther Equity
Cuimo
Nov 2023Led
$0.98 MOther Equity
57
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Deal Distribution

Encomenda: 57 funding rounds are recorded in the selected participation categories.All available history.
Encomenda: 57 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed57
Series A04
Other Equity1624
Debt01

Monthly Deal Activity

Encomenda: 57 deals are recorded across 102 months.All available history.
Encomenda: 57 deals are recorded across 102 months. All available history
MonthDeals
May '181
Jun '180
Jul '181
Aug '180
Sep '180
Oct '180
Nov '180
Dec '183
Jan '192
Feb '190
Mar '190
Apr '191
May '191
Jun '190
Jul '190
Aug '190
Sep '192
Oct '190
Nov '191
Dec '191
Jan '200
Feb '202
Mar '200
Apr '201
May '202
Jun '201
Jul '202
Aug '200
Sep '200
Oct '200
Nov '202
Dec '200
Jan '213
Feb '210
Mar '211
Apr '214
May '210
Jun '210
Jul '212
Aug '210
Sep '210
Oct '210
Nov '211
Dec '212
Jan '220
Feb '220
Mar '221
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '232
Feb '230
Mar '231
Apr '231
May '231
Jun '230
Jul '230
Aug '230
Sep '231
Oct '230
Nov '231
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '241
Aug '240
Sep '240
Oct '241
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '251
Dec '251
Jan '260
Feb '260
Mar '261
Apr '261
May '261
Jun '260
Jul '262
Aug '260
Sep '260
Oct '260

Sector Breakdown

Encomenda: Enterprise Software is the largest displayed sector by deal count (17 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Encomenda: Enterprise Software is the largest displayed sector by deal count (17 deals). All available history
SectorDeals
Enterprise Software17
Fintech16
Networks, Cloud & Communication13
E-Commerce & Retail12
Professional Services9
Health & Life Sciences8
Transportation & Logistics7
AI & Machine Learning7
Real Estate & Construction6
Data, Analytics & IT6
Education & Workforce5
Developer Tools5
Travel & Hospitality4
Consumer & Lifestyle4
Marketing & Advertising4
Hardware & Robotics2
Crypto & Blockchain2
Media & Entertainment1
Food & Agriculture1
Gaming & eSports1

Deal Size Distribution

Encomenda: 57 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Encomenda: 57 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M49
$5M-$10M6
$10M-$25M2
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Encomenda: Europe has the largest recorded deal count among the displayed regions (52 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Encomenda: Europe has the largest recorded deal count among the displayed regions (52 deals). All available history
RegionDeals
Europe52
United States2
Canada1
080131
EspañA1
Encomenda: 20 co-investors are shown, with JME Ventures sharing 7 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Encomenda: 20 co-investors are shown, with JME Ventures sharing 7 recorded deals. All available history
Co-investorShared deals
JME Ventures7
BStartup5
Abac Nest4
Archipelago Next4
Athos Capital4
Bankinter4
Draper B14
Lanai Partners4
Seaya Ventures4
Banco Sabadell3
Dozen Investments3
Enisa3
K Fund3
Nauta Capital3
Successful Ventures3
Alter Capital2
Angels2
Axon Partners Group2
Lanzame Capital2
Sabadell Venture Capital2

Investment Strategy

Encomenda: Led accounts for 37% and participating for 63% of round participation.All available history.
Encomenda: Led accounts for 37% and participating for 63% of round participation. All available history
CategoryDeals (count)Share (%)
Led2137%
Participating3663%
Encomenda: Single-lead accounts for 62% and co-led for 38% of lead dynamics.All available history.
Encomenda: Single-lead accounts for 62% and co-led for 38% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1362%
Co-led838%

Team

Carlos Blanco

Co-Founder

Javier Darriba

Founder

Jordi Armengol

Investor

Mario Brassesco

Venture Partner

Merce Tell

General Partner & COO

Oriol Juncosa

Managing Partner and Co-Founder