• Foliume

  Participated · Equity · Jun 2025

  Foliume builds an AI assistant and platform that automates manual insurance-distribution processes such as quote generation, policy renewals, data entry, and customer communications by processing unstructured data (emails, PDFs). The company focuses on reducing time-consuming tasks in insurance operations through machine learning and automation. Founded in 2022 by Martín Fagioli and Guillermo Vergara, Foliume operates from Madrid with a development hub in Montevideo, Uruguay. It currently serves clients in Spain, Germany, and Portugal and plans accelerated expansion across Europe. Financially, Foliume has raised $1.0M and will use proceeds to consolidate its European operations, expand its sales team in Madrid, and grow its engineering hub in Uruguay. The product roadmap and go-to-market emphasize scaling sales presence and engineering capacity to support wider European growth.

• WEECOVER

  Participated · Equity · Jan 2025

  Weecover builds APIs and technology solutions that connect insurers and consumer distributors to enable embedded insurance and optimize insurance distribution channels. The platform offers insurance contracting, service and after‑sales operations to cover the entire distribution process. It has begun incorporating generative AI into operational processes to optimize customer service and reduce costs. Clients include retail and financial distributors such as PcComponentes, FNAC, Decathlon and seQura, and insurers including Mapfre, Línea Directa and Lagunaro. The company operates in Spain and in international markets including Portugal, France, Andorra and Mexico. Management says the business will use new funding to boost growth and accelerate international expansion. Weecover provides an API-first, plug-and-play embedded insurance solution that enables full digital underwriting and onboarding and lets merchants offer insurance at point of sale. The platform supports a range of products including mobility, retail, payment protection and health, and integrates with channel and insurance partners both online and offline. The company has formed partnerships with insurers such as Zurich, Catalana Occidente, Allianz, Mapfre, AXA, Segrup and Helvetia, and B2B channel deals with customers including FNAC, SEAT, PC Components, Bip & Drive, Opera, Ray Motors, Garanti Plus, Payin 7 and Payflow. Founded more than two years ago by Jordi Pagés and Rafael Gallardo and headquartered in Barcelona, Weecover emphasizes technology as its differentiator and plans ongoing technological renewal. The team has won the Insurtech and Most Scalable Startup awards at the 2021 South Summit. Management said the funding will be used to expand in European markets and to attract talent to strengthen the organisation.

• Bdeo

  Participated · Equity · Jun 2023

  Bdeo specialises in Visual Intelligence for the insurance and fleet industries. Its AI-powered Visual Intelligence solution integrates into insurer operations to remotely assess damage to vehicles and homes, accelerating claims and underwriting processes. The technology is designed to optimize and automate processes for insurance and fleet management companies. The company works with more than 50 insurers, including Reale, Mapfre and Generali in Spain; Ageas and Fidelidade in Portugal; Zurich, Allianz and BBVA in the Latin American market; and Hollard in South Africa. Bdeo has offices in Mexico, Spain, France, the UK and Italy. Led by CEO Julio Pernía, the company plans to use new funding to accelerate international expansion and strengthen its position across Europe and Latin America. Bdeo develops AI-powered tools that digitize the interaction between insurance companies and policyholders, covering automatic policy subscription and digitalization of claims management with automatic damage detection. The company is led by CEO Julio Pernía and has offices in Spain and Mexico. Bdeo closed a €5m Series A to support its growth and market consolidation. It plans to use the funds to consolidate its position in the markets where it currently operates, namely Spain and Latin America. Current investors include K Fund and Big Sur Ventures, who previously invested €1m in Bdeo’s 2019 seed round. The product and expansion focus target insurers seeking end-to-end digital insurance workflows. Bdeo offers a visual intelligence platform that digitises the processes of purchasing an insurance policy and registering a claim by using video-calling technology to collect documents and evidence. The company says its product has been developed and is already seeing successful implementation in Europe and Latin America. Clients named in the article include Mutua Madrileña and Zurich in Spain, Fidelidade in Portugal, and BBVA Bancomer in Mexico. Bdeo raised €1 million in funding to strengthen its existing team and support growth. The stated goal for the round is to consolidate the company in the markets where it already operates and to position itself as the leading visual intelligence solution for conducting business. The article identifies the company as Madrid-based and quotes CEO and co-founder Julio Pernía Aznar on growth plans.

No current team members are available.