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The Venture Codex

Mola

Carrer de la Palmera, 11, Palma, Islas Baleares, 07006, Spain

Overview

Mola is an investment fund based in Spain specializing in technology startup companies at the seed stage from Spain and Latin America. It was founded by Enrique Dubois who has over 10 years of experience as an Internet entrepreneur and Paco Gimena with several years of actively investing in Internet. Mola has a net worth of € 4 million and currently participates in approximately 35 companies in which it has invested a total of € 11 million in collaboration with other investors.

Total investments
8
Lead investments
1
Investments · 12mo
0
Active investors
0

Sector focus

  • Finance
  • FinTech
  • Incubators
  • Venture Capital
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Investment portfolio

  • Bookitit

    Participated · Equity · Oct 2013

    Nubesis is the Valencia-based company behind Bookitit, an online reservation and appointment management platform. Bookitit provides a web platform and mobile apps for iOS and Android with an online agenda, time-slot publication, a booking and appointments widget, automatic reminders and notifications, reports and statistics, and an appointments locator. The company also operates the appointment site Pidecita.com. Its clients include SMBs such as hairdressers, solariums and beauty centers, spas, massage centers, dentists and medical centers, veterinary clinics, sports centers, lawyers, consultants and photographers. In October 2013 Nubesis raised €130K in funding from Mola, OJIT Ventures Investment, two unnamed business angels and the founders. The company intends to use the funds to continue developing the web platform and its mobile apps.

  • Etece

    Participated · Series A · May 2013

    Etece operates an online marketplace that lets customers post local tasks and hires self-employed "problem solvers" to complete them, with typical jobs including dog walking, cleaning, cooking and IKEA furniture pick-ups. The platform has recruited 400 problem solvers to date and says problem solvers keep 81% of the fee while Etece takes a 19% cut. The company handles payments (charging customers by credit card and paying solvers by wire) and offers guarantees so solvers get paid if a client is insolvent and customers can get a refund if unhappy. Etece was founded in Madrid six months ago and currently serves Madrid, Barcelona and Valencia. It plans to expand into four more Spanish cities in the coming weeks—Seville, Malaga, Bilbao and Zaragoza—and is targeting 1,000 problem solvers by the end of the year. The company says its focus is fully on Spain for now but could expand to large European cities such as London and Paris if it achieves national traction.

  • Geniuzz

    Participated · Equity · May 2013

    Geniuzz is a Spanish marketplace that connects micro and small and medium-sized businesses with digital professionals and freelancers. The platform allows freelancers to offer services starting from €5 across categories including web designers, translators, teachers, marketers, programmers, developers, photographers, artists and beauty professionals. The site reported 20k users at the time of the article. The company intends to use new capital to improve the platform and increase marketing to expand in Spain and Latin America. Founded in 2011 by Pepe Cabestany and Gregorio Martín-Montalvo, Geniuzz is focused on scaling its user base in those markets. The company raised €200K in funding to support those efforts.

  • Study2gether

    Participated · Equity · Apr 2013

    Study2gether has developed a tech platform that lets educational organizations collaboratively manage finance, teaching, processes, communications and other aspects of their activity. Founded in 2011 and based in Madrid, Spain, the platform is currently used by 1,000 organizations. According to local reports the company closed a €250k first funding round in April 2013. Backers included accelerator Mola and Extremadura Avante, which provided a loan. The company intends to use the funds to expand internationally, starting with Latin American markets. The product focuses on consolidating operational and academic workflows for educational institutions.

  • Beebrite

    Participated · Seed · Mar 2013

    Beebrite has developed a platform of 10 games focused on cognitive improvement, organized into five areas: Calculus, Memory, Speed, Vocabulary and Focus. The company also offers targeted trainings for drivers, students, athletes and other specific needs. It operates a freemium business model. Beebrite currently has eight employees. The company raised €200K in seed funding and intends to use the capital to roll out its platform. Beebrite was founded by Alejandro Durán and Amparo Casamayor and is based in Madrid, Spain.

Team

No current team members are available.