Participated · Equity · Jul 2025

VIVLA operates a co-ownership platform that lets families buy ownership shares in European second homes from as little as one-eighth of a property, pairing legal co-ownership with professional management and hotel-style services. Founded in Madrid in 2021, the company manages a portfolio of 60 properties in destinations including Ibiza, Menorca, Baqueira, Cantabria and Cádiz. VIVLA reports it has been profitable for over a year, manages over €80 million in assets, and has generated more than €40 million in revenue. Its user base exceeds 350 families with a satisfaction rate above 90% and strong referral indicators. The company plans to expand to Madrid, Mallorca, the Costa del Sol and Portugal and to internationalise its client base across Europe and Latin America. VIVLA also intends to invest the new capital in talent and AI to personalise the user experience and scale operations, and targets a network of more than 750 assets and over 5,000 co-owners by 2030. Vivla offers a flexible-property model that enables fractional purchase and legal ownership of second homes while managing maintenance, reservations and resale of shares. The company has developed its legal and financial structure in collaboration with law firm Garrigues and uses an algorithm to allocate booking weeks equitably among owners. Vivla combines boutique real-estate service with five-star concierge offerings and manages the full customer lifecycle from purchase to property administration and resale. The startup currently operates by invitation in Madrid, Marbella, Sotogrande, Ibiza and Mallorca, and plans to expand to the Canary Islands, Costa Brava, Costa Blanca and rural and mountain destinations. Vivla says it will use the newly raised funds to scale its property purchases and operations and aims to acquire €100 million of properties over the next two years. The company was founded by Iván Rodríguez, Carlos Floria and Carlos Emilio Gómez, and highlights extensive founder experience across proptech, Google and prior exits.

Participated · Series A · Jul 2021

Casafari operates a platform that aggregates, verifies and distributes fragmented real-estate data across Europe, enabling sourcing, valuation, underwriting and deal collaboration on single units. The company focuses on making single-family homes and other single-unit assets accessible to institutional investors at scale. Casafari currently runs operations in Portugal, Spain, France and Italy and is used by brokerages and institutional clients including Sotheby’s International Realty, Coldwell Banker, RE/MAX franchises, Savills, Engel & Völkers, Keller Williams, Stoneweg, Kronos, Vanguard and Vic Properties. The startup plans to hunt down single-family homes as an asset class for buy-to-let strategies and to bring more liquidity to fragmented markets lacking a unified MLS. Management says the platform will collect properties into portfolios desired by pension funds and private equity real-estate funds. Financially, the company has raised a $15M Series A and secured a separate $120M buy-to-let mandate from PE investors to deploy into acquisitions. CASAFARI builds a global real estate database using machine learning and big-data operations to make the real estate market more transparent and efficient. The company says it has monitored 4 million unique properties and 15 million listings and is actively used by more than 7,000 real estate agents. It reports annual revenues have grown by more than 600 percent. Founded in 2018 and headed by Mila Suhareva, Nils Henning and Mitya Moskalchuk, the team currently numbers about 70 people. CASAFARI plans to use new funding to expand its team, build custom applications and accelerate internationalisation across Europe. Investors and management view the startup's database and technology as a potential backbone for the real estate industry.

Led · Equity · Jan 2021

Glovo is a Barcelona-based multi-category delivery service and unicorn operating an on-demand platform. The company is focusing on Q-Commerce (quick commerce) and currently runs dark stores in Barcelona, Madrid, Lisbon and Milan, with plans for Valencia, Rome, Porto and Bucharest. Glovo reports about 10 million users and has deals with supermarkets including Carrefour, Continente, and Kaufland. It announced a €100 million partnership with Stoneweg to expand its dark-store network and recently appointed Narek Verdian to develop dark-store technology. The firm plans to use new funding to expand in its existing 20 markets and accelerate its Q-Commerce division. Competition from Gorillas and Dija in ultra-fast grocery delivery is cited as a market force driving Glovo's strategy. The company aims to reach 200 dark stores by the end of 2021. Glovo is an app founded in Barcelona in 2015 by Óscar Pierre and Sacha Michaud that enables users to buy, collect and send products on demand within the same city. The company operates darkstores in Barcelona, Madrid, Lisbon and Milan to serve Glovo Market and partners with supermarket chains (DIA, Carrefour, Alcampo, Continente, Biedronka, Kaufland) and retailers (Douglas, Clarel, El Corte Inglés, La Casa del Libro, Tiger). Glovo has invested in building owned infrastructure to enable deliveries in under 30 minutes and positions itself in the Q-commerce segment. The company planned to expand its darkstore footprint from 18 to 100 locations globally in 2021, naming cities such as Seville, Valencia, Zaragoza and Porto as targets. Financially, Stoneweg announced a €100M investment to accelerate international growth and the build-out of ultrafast delivery operations across several European markets. Glovo operates an on-demand delivery platform that promises city deliveries of food, groceries, pharmaceuticals and other items, often aiming for very fast (15–30 minute) service. The company currently operates in 26 markets and employs 1,500+ staff, supported by thousands of self-employed couriers; it expects to handle more than 100M (possibly up to ~200M) orders next year. Glovo is focusing product and operations on groceries (its second-biggest category), courier services and expanding its dark-store footprint, with around seven cities currently running dark stores and plans to open over 100 more. The company plans to hire roughly 300 additional engineers by mid-2020, building on ~150 developers in Barcelona and a new tech hub in Warsaw. Financially, Glovo closed a €150M Series E and has previously raised a €150M Series D and a $134M Series C; total capital raised since its 2015 founding is about $488M and the latest round pushed its valuation past $1BN. Management says the Series E will be used to push the business to profitability (targeted in early 2021) while slowing some geographic expansion to deepen market density and margins. Glovo operates a ‘shop on your behalf’ on-demand marketplace that promises delivery of food, groceries, pharmaceuticals and other items within minutes via independent couriers. The app serves more than 5.5 million unique users and works with about 16,000 partners across 124 cities in 21 countries. The platform has roughly 35,000 active couriers (“Glovers”) and employs over 1,000 people, including a >400-person Barcelona HQ team. Today more than 70% of Glovo’s business is food, with groceries, courier and pharmacy making up the remainder. The company is investing in technology and hiring — including a recent VP of engineering hire from Uber — to improve dispatching, delivery efficiency and its mobile product. Glovo plans to expand global growth and innovate around on-demand groceries by building “darkstores” (urban micro-fulfillment centers) that it is already piloting in Barcelona and Madrid. Management intends to grow the tech and data team to over 300 engineers in the next 18 months to support these initiatives. Glovo operates an on-demand delivery platform that connects app users with gig-economy couriers to pick up and deliver food, groceries and other purchases. The startup was founded in Barcelona in 2015 and its app is available in 61 cities across 17 countries, with Spain alone accounting for operations in 21 cities. The company says it opened six countries and 20 cities in three months and is focusing expansion on Latin America and EMEA. Glovo plans to use new funding to optimize its platform and tech resources, and to improve service for riders, users and partner stores. It intends to grow its technology team by adding more than 100 engineers to become a major technology hub in Southern Europe. The business faces regulatory and competitive risks in the gig-economy and food-delivery spaces, which it is partially hedging by expanding in Latin America.