69 Madrid Startups to Watch (and Work for) in 2023
The Madrid tech sector in Europe booming. In 2022, Madrid raised $940 Million in capital (after raising $1.4 Billion in 2021). Whether you're an experienced investor, a determined founder, or a resourceful operator this year's list of top 69 tech startups is worth exploring. It includes companies of various sizes, ranging from those experiencing rapid growth to smaller, creative startups.
Last update: May 20, 2023
Featured companies in Madrid
Get access to the Seedtable database with +15,000 companies (313 from Madrid)Featured
Bnext is the leading mobile-first neobank of Spain
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Latest Funding
$24 Million
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Employees
101 to 250
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Investors
Speedinvest, DN Capital, Redalpine, Founders Future, Kreos Capital
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Business Model
B2C
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Industries
Fintech, Mobile
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Locations
Madrid
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Contact
•••••@bnext.es
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Featured
Cobee is a Spanish fintech startup that develops an online platform that automates and simplifies employee benefits management.
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Latest Funding
$420 Thousand · Pre Seed
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Employees
11 to 50
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Investors
Speedinvest, Octopus Ventures, Balderton Capital, Target Global, Notion Capital, Sabadell Venture Capital, Abac Nest
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Business Model
B2B, SAAS
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Industries
Health Tech, Fintech
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Locations
Madrid
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Contact
•••••@cobee.io
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Featured
Seedtag offers a suite of contextual advertising solutions based on machine learning and artificial intelligence to global brands.
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Latest Funding
$40 Million · Series B
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Employees
251 to 500
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Investors
Adara Ventures
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Business Model
B2B, SAAS
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Industries
Adtech, Data and Analytics, Sales and Marketing
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Locations
Madrid
-
Contact
•••••@seedtag.com
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List of 69 top tech companies in Madrid
Get access to the Seedtable database with +15k companies (313 from Madrid)Seedtag offers a suite of contextual advertising solutions based on machine learning and artificial intelligence to global brands.
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Latest Funding
$40 Million · Series B
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Industries
Adtech, Data and Analytics, Sales and Marketing
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Locations
Madrid
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Employees
251 to 500
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Business Model
B2B, SAAS
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Investors
Adara Ventures
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Contact
•••••@seedtag.com
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Medlumics is a startup employing biophotonic technologies to develop products that improve human living standards.
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Latest Funding
$16 Million
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Industries
Health Tech, Deep Tech, Manufacturing
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Caixa Capital Risc, Asabys Partners, Andera Partners
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Contact
•••••@medlumics.com
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MOVO provides a platform moves people around the cities in an easier way, faster, and more enjoyable.
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Latest Funding
$22 Million
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Industries
Mobile, Mobility & Transportation
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, B2C, MARKETPLACE, SAAS
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Investors
Seaya Ventures
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Contact
•••••@movo.me
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OnTruck offers companies regional merchandise transport services, through an immediate and transparent price management system.
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Latest Funding
$19 Million · Series B
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Industries
Mobile, Food Delivery, Mobility & Transportation, Supply Chain & Logistics
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, MARKETPLACE
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Investors
Atomico
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Contact
•••••@ontruck.com
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Vivla offers second homeownership by helping people buy, own, and sell the fractions of the second home that fits their life.
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Latest Funding
$35 Million
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Industries
Fintech, Proptech & Real Estate
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Accel, FJ Labs, Samaipata Ventures, Extension Fund
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Contact
•••••@vivla.com
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Clarity AI is a sustainability technology platform that uses machine learning to deliver environmental and social insights to investors.
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Latest Funding
$10 Million
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Industries
Fintech, Machine Learning
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
SoftBank Group, Mundi Ventures, Seaya Ventures, Kibo Ventures
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Contact
•••••@clarity.ai
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Spanish iBuyer
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Latest Funding
$14 Million
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Industries
Proptech & Real Estate
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, B2C
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Investors
SoftBank Group, Mouro Capital
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Contact
•••••@clikalia.com
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Helping families around the world raise amazing kids.
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Latest Funding
$10 Million · Series B
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Industries
Edtech, Mobile, Media and Entertainement
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Locations
Madrid
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Employees
51 to 100
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Business Model
SAAS
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Investors
HV Capital, JME Ventures, Athos Capital
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Contact
•••••@lingokids.com
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The financial operating platform for online sellers.
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Latest Funding
$3.6 Million · Seed
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Industries
Fintech, Ecommerce
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Inveready, JME Ventures, Sabadell Venture Capital, Bynd Venture Capital
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Contact
•••••@getritmo.com
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Citibox is an application that allows the user to manage smart mailboxes located in residential or office buildings.
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Latest Funding
$12 Million
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Industries
Mobile, Media and Entertainement, Ecommerce, Service Industry
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Mundi Ventures
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Contact
•••••@citibox.com
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ifeel is the all-in-one emotional well-being platform for organisations and individuals.
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Latest Funding
$6.6 Million
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Industries
Health Tech
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Nauta Capital
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Contact
•••••@ifeelonline.com
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Genetics.The mission of Veritas Int. is to fulfill the promise of the human genome, empowering people to maximize quality and length of life
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Latest Funding
$5.9 Million · Series A
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Industries
Health Tech, Biotech, Deep Tech, Genetics
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Amadeus Capital
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Contact
•••••@veritasint.com
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The leading software to design & optimize utility-scale solar plants. Maximize the potential of PV plants & reduce LCOE
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Latest Funding
$6 Million · Series A
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Industries
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Seaya Ventures
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Contact
•••••@ratedpower.com
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Revelock is a fraud detection company that protects against current cyber threats in the banking and financial sectors.
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Latest Funding
$11 Million · Series A
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Industries
Legal Tech, Cybersecurity, Privacy and Security, Identity Management
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Inveready, Seaya Ventures, Conexo Ventures
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Contact
•••••@revelock.com
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Ironhack is an international tech and design school that believes the best way to learn how to do something, is by actually doing it.
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Latest Funding
$4 Million · Series A
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Industries
Edtech
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, MARKETPLACE
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Investors
JME Ventures
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Contact
•••••@ironhack.com
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CrowdFarming is a food supply chain that creates a direct link between consumers and producers.
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Latest Funding
$17 Million
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Industries
Foodtech, Supply Chain & Logistics
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, MARKETPLACE
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Investors
Seaya Ventures
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Contact
•••••@crowdfarming.com
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Fracttal is a predictive maintenance and asset management software (CMMS/GMAO/EAM), 100% mobile, IoT enabled and fully cloud-based.
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Latest Funding
$5.3 Million · Series A
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Industries
Proptech & Real Estate
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, SAAS
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Investors
Seaya Ventures
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Contact
•••••@fracttal.com
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MedUX is a leading customer experience and service quality monitoring and measurement solution for telecommunication services
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Latest Funding
$8.3 Million
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Industries
Data and Analytics, Business Intelligence
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
Inveready
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Contact
•••••@medux.com
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PandaGo is Europe´s first B2B electric-vehicle renting marketplace.
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Latest Funding
$4.6 Million · Seed
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Industries
Mobility & Transportation
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, MARKETPLACE
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Investors
JME Ventures, Kibo Ventures, Big Sur Ventures
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Contact
•••••@pandago.eco
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Beautiful tech, beautiful values
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Latest Funding
$2.6 Million · Seed
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Industries
Developer Tools, Cloud
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Athos Capital
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Contact
•••••@kaleidos.net
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iF Lastmile is a logistic and delivery company that provides same day delivery and return service for online shoppers.
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Latest Funding
$1.7 Million · Seed
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Industries
Ecommerce
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, MARKETPLACE
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Investors
Inveready, K Fund
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Contact
•••••@iflastmile.com
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Samara is a cleantech company.
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Latest Funding
$2.1 Million · Pre Seed
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Industries
Climate Tech & Green Tech, Hardware, Energy & Nuclear, Manufacturing
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2C
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Investors
Seaya Ventures
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Contact
•••••@samara.energy
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Jobandtalent is an online staffing marketplace for finding and filling gig-type jobs.
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Industries
Hiring and Recruitement
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Locations
Madrid
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Employees
1001 to 5000
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Business Model
B2B, B2C, MARKETPLACE
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Investors
Atomico, FJ Labs, SoftBank Group, DN Capital, Investment AB Kinnevik, Kibo Ventures, Quadrille Capital
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Contact
•••••@jobandtalent.com
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Amadix is a biotechnology company focused on the development and commercialization of diagnostic tools for personalized oncology treatment.
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Latest Funding
$3.8 Million
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Industries
Health Tech, Biotech, Deep Tech, Pharma
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Inveready
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Contact
•••••@amadix.com
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Odilo allows any library, school, university, corporation or municipality to offer all kinds of digital content to their users.
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Industries
Edtech, Media and Entertainement
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2C
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Investors
JME Ventures, Kibo Ventures, Active Venture Partners
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Contact
•••••@odilo.es
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AptaTargets is a biopharmaceutical company focused in developing therapeutic
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Latest Funding
$2.7 Million
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Industries
Health Tech, Biotech, Pharma
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B
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Investors
Inveready
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Contact
•••••@aptatargets.com
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Tiko is a Tech Company in Property Tech and the leading iBuyer in Spain
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Industries
Proptech & Real Estate
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, B2C, MARKETPLACE
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Investors
btov Partners, Cabiedes & Partners
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Contact
•••••@tiko.es
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Ninety Nine is a developer of financial trading platform intended to charge no commission fees.
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Latest Funding
$2.2 Million
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Industries
Fintech
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2C
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Investors
Breega Capital, Two Culture Capital
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Contact
•••••@ninetynine.com
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Devon Labs solve patients unmet medical and care needs.
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Latest Funding
$4.6 Million
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Industries
Health Tech, Pharma
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B
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Investors
Inveready
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Contact
•••••@devonlabs.com
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Stratio is a big data start-up that develops platforms and products with the best-of-breed big data technologies in a post-hadoop era.
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Industries
Data and Analytics, Business Intelligence
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
Adara Ventures
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Contact
•••••@stratio.com
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Health insurance remittance that gives migrants a better way to support the health of their families back home
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Latest Funding
$3 Million · Seed
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Industries
Health Tech, Fintech
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, B2C
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Investors
468 Capital, Mundi Ventures
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Contact
•••••@asistensi.com
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Civitatis is a distribution platform of Spanish-speaking activities, day trips and guided tours all over the world.
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Latest Funding
$110 Million
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Industries
Travel Tech, Community & Lifestyle, Ecommerce
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2C
-
Contact
•••••@civitatis.com
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Saas K12 Learning Platform
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Latest Funding
$3 Million · Pre Seed
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Industries
Edtech
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Heartcore
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Contact
•••••@lucaedu.com
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We're a virtual kitchens network that enables restaurant brands to expand at minimum risk via delivery-only locations
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Latest Funding
$1.2 Million · Pre Seed
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Industries
Foodtech, Community & Lifestyle
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Big Sur Ventures
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Contact
•••••@cuyna.es
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Frenetic is a disrupting technology created for designing magnetic components using Artificial Intelligence techniques.
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Latest Funding
$1.5 Million
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Industries
AI, Manufacturing
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Big Sur Ventures, Bynd Venture Capital, Join Capital
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Contact
•••••@frenetic.ai
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Bdeo provides a visual intelligence solution designed to change the way customers connect with insurance companies.
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Latest Funding
$1.1 Million
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Industries
Fintech, Crypto & web3, AI, AR / VR, Video, Business Intelligence, Communications
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
K Fund, Big Sur Ventures
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Contact
•••••@bdeo.io
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Lang.ai is a language understanding platform that automates tagging and repetitive actions for every support conversation.
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Latest Funding
$2 Million · Seed
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Industries
AI, Data and Analytics, Business Intelligence, CRM
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Mundi Ventures
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Contact
•••••@lang.ai
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Muroexe do functional footwear for smart humans.
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Latest Funding
$3.1 Million
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Industries
CPG & Consumer Goods, Fashion, Manufacturing, Ecommerce
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2C
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Investors
JME Ventures
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Contact
•••••@eu.muroexe.com
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Hellotickets is a ticketing platform designed for selling tickets for leisure and cultural events.
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Latest Funding
$2.2 Million
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Industries
Community & Lifestyle
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, B2C, MARKETPLACE
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Investors
Faraday Venture Partners
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Contact
•••••@hellotickets.com
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Green Eagle Solutions provides SCADA Solutions for wind farms and solar plants.
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Latest Funding
$3.1 Million · Series A
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Industries
Energy & Nuclear, Manufacturing, Business Intelligence
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Kibo Ventures, SET Ventures
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Contact
•••••@greeneaglesolutions.com
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Wetaca helps people to eat well by selling and cooking enjoyable, healthy, and varied meals delivered once a week.
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Latest Funding
$470 Thousand · Pre Seed
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Industries
Health Tech, Foodtech, Food Delivery
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2C
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Investors
Cabiedes & Partners
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Contact
•••••@wetaca.com
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Twenix is an e-learning SaaS that helps business teams with their English knowledge.
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Latest Funding
$110 Thousand · Pre Seed
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Industries
Edtech
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Inveready, JME Ventures, Sabadell Venture Capital
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Contact
•••••@twenix.com
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Transparent is the global leader in providing data intelligence for the vacation rental industry.
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Latest Funding
$2.8 Million
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Industries
Travel Tech, Business Intelligence
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Kima Ventures, K Fund
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Contact
•••••@seetransparent.com
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ANYVERSE is building the right datasets to speed up the development of next-generation perception systems.
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Latest Funding
$3.3 Million · Series A
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Industries
Deep Tech, Data and Analytics, Robotics, Manufacturing, Business Intelligence
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Inveready, Bullnet Capital
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Contact
•••••@anyverse.ai
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Card Dynamics is a Issuer and Merchant partner for the subscription economy.
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Latest Funding
$3 Million · Seed
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Industries
Fintech, Payments
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
Big Sur Ventures
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Contact
•••••@card-dynamics.com
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Life wins. Really easy life insurance.
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Latest Funding
$1.2 Million · Pre Seed
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Industries
Fintech, Ecommerce
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, B2C
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Investors
Singular VC
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Contact
•••••@getlife.com
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TaxDown is a Spanish startup that eases the income tax return filing process for taxpayers.
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Latest Funding
$220 Thousand · Pre Seed
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Industries
Fintech
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
FJ Labs, JME Ventures, Abac Nest
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Contact
•••••@taxdown.es
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StudentFinance is a Fintech company that aims to solve the skills gap, while transforming the trillion dollar education industry.
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Latest Funding
$1.3 Million · Seed
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Industries
Edtech, Fintech, Hiring and Recruitement
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
Seedcamp, Sabadell Venture Capital, Armilar Venture Partners, Giant Ventures
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Contact
•••••@studentfinance.com
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Fintonic is a free application that enables anyone to organize accounts and saving money.
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Latest Funding
$21 Million · Series C
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Industries
Fintech, Insuretech, Mobile, Data and Analytics, Personal Finance
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2C
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Contact
•••••@fintonic.com
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Smart Protection keeps and protects intellectual and industrial property rights online.
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Latest Funding
$870 Thousand · Seed
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Industries
AI, Legal Tech, Cybersecurity, Privacy and Security, Business Intelligence, Productivity Tools
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Locations
Madrid
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Employees
101 to 250
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Business Model
B2B, SAAS
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Investors
Nauta Capital, JME Ventures, Big Sur Ventures
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Contact
•••••@smartprotection.com
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Re-defining the way cardiovascular diseases are detected with Artificial Intelligence (AI)
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Industries
Health Tech
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2C, MARKETPLACE
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Investors
Accel, Insight Venture Partners, Northzone
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Contact
•••••@idoven.ai
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Atani is the one-stop crypto trading platform: trading on 20+ exchanges, integrates technical analysis tools and automates tax reporting.
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Latest Funding
$750 Thousand · Pre Seed
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Industries
Fintech, Crypto & web3
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, MARKETPLACE
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Investors
JME Ventures, Conexo Ventures
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Contact
•••••@atani.com
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Electronic Health Records reuse, with Clinical Natural Language Processing.
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Latest Funding
$25 Million
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Industries
Health Tech, AI, Data and Analytics
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Locations
Madrid
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Employees
11 to 50
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Contact
•••••@savanamed.com
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One-stop-shop for investment solutions powered by a neobanking license for additional mortgages, loans and remunerated account
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Latest Funding
$22 Million · Series A
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Industries
Fintech
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, B2C
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Investors
Daruan VC
-
Contact
•••••@myinvestor.es
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Playtomic operates an online sports court booking platform intended to become a social network for sports players.
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Latest Funding
$6.7 Million
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Industries
Sportstech
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Locations
Madrid
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Employees
51 to 100
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Business Model
MARKETPLACE
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Investors
Optimizer Invest
-
Contact
•••••@playtomic.io
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A fusion of passion and expertise to unite Sports, iGaming and Digital Entertainment.
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Latest Funding
$50 Million · Series A
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Industries
Gaming
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Locations
Madrid
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Employees
101 to 250
-
Contact
•••••@carouselgroup.net
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Dcycle develops environmental intelligence tool.
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Latest Funding
$1.1 Million
-
Industries
Proptech & Real Estate, Energy & Nuclear, Business Intelligence
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B, SAAS
-
Investors
Draper B1, Ship2B
-
Contact
•••••@new.dcycle.io
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Katoo creates tools to make the food supply chain efficient, fair and transparent.
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Industries
Foodtech
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Locations
Madrid
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Employees
51 to 100
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
Global Founders Capital (GFC), FJ Labs, K Fund, Otium Capital
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Contact
•••••@katooapp.com
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A radically better corporate card for your business. Say goodbye to expense reports while you get credit limits that grow with you
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Latest Funding
$100 Thousand · Pre Seed
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Industries
Fintech
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Locations
Madrid
-
Employees
11 to 50
-
Business Model
B2B
-
Investors
Y Combinator, FJ Labs, K Fund
-
Contact
•••••@getfuell.com
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Circular is the community for collaborative and efficient recruiting with guaranteed positive experience for candidates.
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Industries
Hiring and Recruitement
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS, MARKETPLACE
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Investors
Kima Ventures, Local Globe, Point Nine Capital, Kibo Ventures
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Contact
•••••@circular.io
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We know talent
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Latest Funding
$1.6 Million · Seed
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Industries
Hiring and Recruitement
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
4Founders Capital
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Contact
•••••@viterbit.com
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Nuubo is a Spanish medical device company that develops wireless, wearable technologies to monitor physiological parameters.
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Industries
Health Tech, Hardware, Manufacturing, Wearables
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B
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Investors
Caixa Capital Risc
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Contact
•••••@nuubo.com
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Aira system is an AI-based digital system that prevents fraud and automates the processes of inspection.
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Latest Funding
$250 Thousand · Pre Seed
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Industries
Fintech, AI, Insuretech, Legal Tech, Data and Analytics, Business Intelligence, Ecommerce, Identity Management
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
EASO Ventures
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Contact
•••••@aira-system.com
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Reveni is an instant refund platform for e-commerce that prevents fraud in returns and delivers instant refunds to customers .
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Latest Funding
$880 Thousand · Pre Seed
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Industries
Fintech, CPG & Consumer Goods, Ecommerce
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Locations
Madrid
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Employees
11 to 50
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Business Model
B2B, SAAS
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Investors
JME Ventures, Big Sur Ventures, Bynd Venture Capital
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Contact
•••••@reveni.io
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Tuio is a insurance company that provides digital platform providing house or propety insurance.
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Latest Funding
$530 Thousand · Seed
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Industries
Fintech, Insuretech, Ecommerce
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B, B2C
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Investors
Otium Capital, Cabiedes & Partners, Extension Fund
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Contact
•••••@tuio.com
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Urbanitae is a startup specializing in crowdfunding of large real estate projects.
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Industries
Fintech, Proptech & Real Estate
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Locations
Madrid
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Employees
1 to 10
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Business Model
B2B, B2C
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Investors
K Fund
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Contact
•••••@urbanitae.com
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