Spain, a nation with a rich history of innovation and entrepreneurship, has witnessed an incredible surge in the number of unicorns – privately held start-up companies valued at over $1 billion – in recent years. With the rapid growth of the Spain economy and the rise of disruptive technologies, these 5 unicorn companies have become the driving force behind the nation’s rise as a global powerhouse.
So without any delay, let’s get started and discover the world of Spain’s unicorn companies!
List of 5 Unicorns in Spain
1. Jobandtalent
Online platform that uses AI to match workers with job opportunities and simplifies hiring for businesses
Company Details:
- Valuation: $2.35B
- Investors Name: Kibo Ventures, SoftBank Group, Atomico
- City: Madrid
- Industry: Internet software & services
- Total Funding Raised: $1.072B
- Founded Year: 2009
- Joined Unicorn Club: 12/1/2021
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.jobandtalent.com/
2. Cabify
Latin American ride-hailing platform that operates in several countries including Spain, Portugal, and Mexico
Company Details:
- Valuation: $1.40B
- Investors Name: Seaya Ventures, Otter Rock Capital, Rakuten
- City: Madrid
- Industry: Auto & transportation
- Total Funding Raised: $481.47M
- Founded Year: 2011
- Joined Unicorn Club: 1/22/2018
- Total Investors:
- Total Deal Terms: 4
- Website: https://cabify.com/
3. TravelPerk
Business travel management platform that allows companies to manage all their bookings in one place
Company Details:
- Valuation: $1.30B
- Investors Name: LocalGlobe, Kinnevik, Felix Capital
- City: Barcelona
- Industry: Travel
- Total Funding Raised: $408.58M
- Founded Year: 2015
- Joined Unicorn Club: 1/12/2022
- Total Investors:
- Total Deal Terms: 3
- Website: https://www.travelperk.com/
4. Recover
Spanish company that provides an on-demand app for physiotherapy and rehabilitation services
Company Details:
- Valuation: $1.10 B
- Investors Name: Goldman Sachs Asset Management, STORY3 Capital Partners
- City: Banyeres de Mariola
- Industry: Other
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 6/9/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://recover.health/
5. Factorial
HR software company that provides tools for HR management, payroll, and employee benefits
Company Details:
- Valuation: $1.00 B
- Investors Name: K Fund, Creandum, CRV
- City: Barcelona
- Industry: Internet software & services
- Total Funding Raised: –
- Founded Year: –
- Joined Unicorn Club: 10/11/2022
- Total Investors:
- Total Deal Terms: –
- Website: https://factorialhr.com/
Conclusion
In conclusion, Spain’s top 5 unicorns showcase the nation’s innovative power and economic growth. These companies are making a global impact and reshaping industries. Keep an eye on these trailblazers, as they continue to redefine success in the ever-evolving world of innovation.