Participated · Series D · Jul 2024

Exoticca operates a traveltech platform that digitizes and sells complex multi-day tour packages combining flights, hotels, transfers and activities across 70+ destinations. The company is investing heavily in its proprietary AI-powered interconnectivity systems to synchronize services, personalize recommendations, optimize pricing and automate itinerary creation. Management says these AI capabilities improve matching between travelers and experiences while boosting operational efficiency and partner relationships. Exoticca is present in markets including the United States, Canada, United Kingdom, Spain, Australia, Colombia and Mexico, and generates more than 75% of its business in North America. The company positions itself as a digital pioneer in the €100 billion multi-day tour package sector and is a portfolio company of several venture funds. Recent financings have strengthened its balance sheet to support further international expansion and technology investment. Exoticca runs a platform that integrates flights, hotels, meals, transfers, transport and local suppliers to simplify booking of complex multiday tour packages. The company says its model can reduce costs by as much as 30% compared with traditional offerings. Exoticca reports it has more than doubled sales year-over-year since 2015. It operates in the United States, Canada, United Kingdom, France, Germany, Spain, Mexico and Colombia through a network of online and offline travel and non-travel partners and offers 70 destinations from its Barcelona headquarters. Seventy-five percent of its business comes from the U.S. and Canada and the company targets middle- and upper-middle-class customers. Management says the objective is to expand into Latin America, the Middle East, India and China. Exoticca digitises high-complexity, big-ticket tours (multiple flights, hotels and activities) and offers them completely online with real-time availability, removing traditional brick-and-mortar intermediaries. Its platform speeds up purchasing and helps deliver more affordable prices for large trips. The company has expanded into Latin America, recently opening Mexico and Colombia, and plans to launch five more markets in the region by 2024. Exoticca reports rapid revenue growth: from €2 million in its first year (2015) to €200 million in 2023, and it expects to reach €300 million in sales by the end of 2024. To date the company has raised over €85 million in funding. Management positions the business for continued geographic expansion using digital distribution to scale. Exoticca, founded in 2013 and based in Barcelona, is a next-generation tour operator that enables online booking of complex multi-day trips by bundling flights, hotels, transfers and activities in one platform. The company uses technology to deliver a frictionless purchasing experience, real-time monitoring and enhanced in-destination customer support. It currently sells trips to over 60 destinations across seven markets (US, Canada, UK, France, Germany, Spain and Mexico) and recently launched a B2B vertical for traditional travel agencies. Exoticca has reported sustained growth with an average compounded growth rate of over 100% since 205 and expects to close 2022 with €120 million in revenue. The platform raised a €20 million venture debt financing led by Claret Capital Partners and Sabadell Venture Capital, bringing the company's total funding to €66 million. Proceeds will be used to accelerate growth, increase investment in technology and product, and support expansion into the Americas. Exoticca operates a digital platform for multi-day package tours to long-haul destinations, enabling online purchase of complex packages with flights, hotels and activities. Its platform covers over 50 destinations worldwide. The company is based in Barcelona and currently operates in the United States, Canada, the United Kingdom, France, Germany and Spain. Led by CEO Pere Vallès, Exoticca plans to use new funding to invest in technology and product to further automate the booking process and enhance travelers' experience. The company is also open to growing through acquisitions. Financially, Exoticca has raised a total of $53M to date after closing a $30M Series C.

Participated · Series B · Nov 2022

Lodgify offers a Software-as-a-Service platform that includes a website builder enabling vacation rental hosts to accept direct bookings and payments without technical skills, plus API integrations with major channels like Airbnb, Vrbo and Booking.com. Owners can manage all reservations from one place and synchronize property data across booking channels. Led by CEO Dennis Klett, the company has expanded its R&D team to over 70 employees and grown the whole company to almost 200 people representing 43 nationalities. Lodgify plans to use recent funding to accelerate global expansion, boost product growth and expand customer support. The company raised $30M in a Series B round to support these initiatives. Lodgify’s core product is a SaaS platform that lets vacation rental owners build mobile-friendly websites for each property, accept online bookings and process payments. The software automates the booking workflow, including booking management, guest communication, payment scheduling and refundable cancellations. It also supports advanced API integrations with platforms like Airbnb and Booking.com so hosts can manage direct and indirect channels. The company is watching developments in cryptocurrencies and smart contracts as potential future features for self-executing bookings. Lodgify plans to scale its team, accelerate product development and increase global marketing efforts. The company recently hired Alex Vuilleumier as COO and currently has a team of 50 people. Financially, Lodgify has raised a total of $7.3 million to date. Lodgify offers a Software-as-a-Service that lets vacation rental owners create mobile-friendly, bookable websites that accept online payments. The product is designed to help owners and property managers generate more direct bookings and reduce dependence on online travel agencies like Airbnb and Booking.com. The company cites that 92 percent of travellers prefer to book a vacation rental online and says many owners lack bookable websites, resulting in an average of 9–10 days of email exchanges before a booking is completed. With the new investment Lodgify plans to expand product development — including a foray into chatbots and messenger-supported booking functionality — and increase sales and marketing. The funding round raised €1.4M and brings the company’s total funding to €2M. Lodgify is based in Barcelona. Lodgify offers a browser-based service that enables vacation rental owners and managers to create mobile-friendly websites and manage reservations in real time without paying commission. The product suite includes website templates, an online booking engine, a reservation system and a channel manager. It provides monthly subscription plans for single owners up to managers with 1 to 500+ properties. The company recently closed a seed round and intends to use the funds to enhance its website-building software, expand the product team, and launch additional features. Lodgify is a Seedcamp alumnus.

Participated · Series B · May 2022

Housfy offers a unified residential services platform aimed at simplifying buying, selling, rentals and other home-related transactions. The company is developing interconnected business units to let users manage mortgages, property sales and rentals, refurbishments, moving and services for real estate companies from one place. It plans to add insurance brokerage services in the coming months. The startup was founded by Albert Bosch and Miquel A. Mora and is headquartered in Barcelona. Housfy says the integrated approach will improve user experience and reduce costs compared with siloed services in the property market. The recent financing will support product expansion and geographic growth across Europe. Housfy is a Barcelona, Spain-based real estate multiservice platform that helps customers sell, buy, or rent homes and access related services. It offers mortgages, home refurbishment, moving and storage, insurance brokerage, and utility bills management among other services. Since launch the company has sold more than 5,000 properties and intermediated around 3,000 mortgages. Founded in 2017 by Albert Bosch, Miquel A. Mora, and Carlos Blanco, Housfy plans to use new funding to reinforce its expansion in Europe. The company has completed multiple investment rounds and continues to expand its service offering across the property lifecycle. Its current operating metrics reflect traction in both property sales and mortgage intermediation. Housfy is an online real-estate brokerage that provides digital services for property transactions, including sales and mortgage-related offerings. The company plans to use new funding to accelerate growth amid the Covid-19 driven push to digitalise residential intermediation and to launch a new division focused on rentals, expanding its existing buy/sell and mortgage verticals. Housfy reported €4.7M in revenue last year, up from €1.5M in 2018, and says it has commercialised more than 3,000 homes since its 2017 founding. It employs 130 people across its headquarters in Barcelona and delegations in Madrid and Lisbon. The firm operates in Spain, Portugal and Italy, reaching hundreds of municipalities including Madrid, Barcelona, Valencia, Málaga, Sevilla, Zaragoza, Bilbao, Milan, Rome, Turin, Florence, Genoa, Bologna, Lisbon and Porto. To date Housfy has raised a total of €10M in financing. Housfy is a technology platform that enables homeowners to sell properties without commissions or intermediaries. Founded in 2017 by Albert Bosch, Miquel A. Mora and Carlos Blanco through Nuclio Venture Builder, the company operates in Spain and Italy. Housfy has sold more than 2,000 homes online, averages six transactions per day, completes sales in about 60 days on average, and reports an average saving of €15,000 per transaction compared with traditional agencies. Owners pay a fixed fee of €3,990 only if their property is successfully sold. The company says the new €6M financing will be used to accelerate international expansion — replicating a model already deployed in Italy — with planned launches in Portugal and France before year‑end, and to develop its technology platform. Housfy has attracted total financing of €9.7M and positions itself among Spain’s leading digital real estate agencies.

Participated · Equity · Nov 2021

Amphora provides technology-enabled logistics solutions for e-commerce, managing inventory, fulfillment and delivery via a network of warehouses, carriers and integrated software. The company focuses on improving delivery times, shipping costs and customer experience for online retailers. Amphora deploys automation and integrated tech to optimize the end-to-end order flow from sale to final delivery. It reported managing about 50 clients after seven months of operations and has a team of 10 employees with plans to hire five more by year-end. The €1M funding will be used to enhance the product, add automation features and invest in growth, operations, and technology. Amphora also plans geographic expansion and to open three new logistics hubs in Barcelona, Madrid and Milan in 2022.

Participated · Equity · Jan 2020

Enertika is a Barcelona-based energy services company that provides integrated Energy-as-a-Service solutions for cities, industrial customers and telecommunications networks. The company is described as a pioneer in offering these integrated services. It operates in the energy sector and plans to grow its business and revenues substantially. Enertika intends to raise its revenues by 50%. The company projected closing the referenced fiscal year with approximately €20 million in revenue and reaching €30 million in 2021. The fundraise reported in the article supports these growth plans. Enertika provides energy-services projects including efficiency measures and distributed generation across telecom infrastructure, industry and smart cities, and operates a digital-energy management subsidiary, Wattabit. The company reported €10 million in revenue for 2016, with roughly 60% from Spain and 40% from Mexico, Guatemala, Morocco and Wattabit. Founded in 2008 and based in Barcelona, Enertika plans to grow revenue about 10% in the current year to approximately €11.5 million. Management includes Francesc Tarongí as majority shareholder; he will serve as chairman and CEO. Ermen Llobet, cofounder and partner of Ecotecnia, will remain as an adviser. The company intends to use the funds from the round to continue accelerating its internationalization.