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Bewater Funds

Europe, Madrid, Spain, Madrid

Description

Bewater Funds, operating as Bewater Asset Management S.G.E.I.C., S.A., is a Madrid-based asset management firm specializing in providing liquidity solutions for shareholders of unlisted companies, primarily within Spain. Unlike traditional venture capital or private equity firms that invest directly into companies for growth, Bewater Funds focuses on the secondary market. Their distinctive model allows founders, employees, and early investors in private companies to sell their shares and gain liquidity without the need for a full company sale or IPO. This approach addresses a critical need in the private market ecosystem, offering an alternative exit route for illiquid private securities.

Investor Profile

Bewater Funds has backed more than 27 startups, with 3 new investments in the last 12 months alone. The firm has led 21 rounds, about 78% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Secondary Market, Seed rounds (top funding stages).
  • Majority of deals are located in Spain, Colombia, Portugal.
  • Strong thematic focus on Software, Health Care, Artificial Intelligence (AI).
  • Led 2 rounds in the past year.
  • Typical check size: $108K – $10.8M.

Stage Focus

  • Series Unknown (33%)
  • Secondary Market (33%)
  • Seed (22%)
  • Series A (7%)
  • Corporate Round (4%)

Country Focus

  • Spain (93%)
  • Colombia (4%)
  • Portugal (4%)

Industry Focus

  • Software
  • Health Care
  • Artificial Intelligence (Ai)
  • Machine Learning
  • Delivery Service
  • Food And Beverage
  • Food Delivery
  • Food Processing
  • Saas
  • Business Intelligence
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Bewater Funds frequently co-invest with?

Cabiedes & Partners
Europe, Madrid, Spain, Madrid
Co-Investments: 3
Faraday Venture Partners
Europe, Madrid, Spain, Madrid
Co-Investments: 2
Big Sur Ventures
Europe, Madrid, Spain, Madrid
Co-Investments: 1
AN
Europe, Canarias, Spain, Las Palmas De Gran Canaria
Co-Investments: 1
CD
Europe, Catalonia, Spain, Barcelona
Co-Investments: 1
R
Europe, Madrid, Spain, Madrid
Co-Investments: 1
Indexa Capital
Europe, Madrid, Spain, Madrid
Co-Investments: 1

Which angels does Bewater Funds often collaborate with?

BM
North America, California, United States, San Francisco
Shared Deals: 1
Mathias Björkholm
North America, Washington, United States, Kirkland
Shared Deals: 1
JK
North America, Georgia, United States, Alpharetta
Shared Deals: 1
AM
Europe, Andalucia, Spain, Marbella
Shared Deals: 1
ZS
North America, Delaware, United States, Newark
Shared Deals: 1
RS
North America, Washington, United States, Seattle
Shared Deals: 1
JO
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Bewater Funds?

Inversiva

Castellón De La Plana, Comunidad Valenciana, Spain

Inversiva is a real estate investment firm that offers property management, rental, and renovation services.

Property ManagementReal EstateReal Estate InvestmentRental
SeedApr 8, 2025
Amount Raised: $1,315,501
Okify

Barcelona, Catalonia, Spain

Okify is a platform that simplifies and improves the home change process for renters, real estate professionals, and homeowners.

Property InsurancePropTech
Series UnknownMar 17, 2025
Amount Raised: $1,087,990
Reskyt

Palau De Anglesola, Catalonia, Spain

Reskyt is a internet solutions.

AppsInformation TechnologyLoyalty ProgramsSoftware
Secondary MarketSep 16, 2024
Elabogado

Barcelona, Catalonia, Spain

Elabogado owns and operates an online directory of lawyers.

LegalLegal TechMarketingMarketplaceSearch Engine
Series UnknownDec 13, 2023
Amount Raised: $380,893
Lico Cosmetics

Sevilla, Andalucia, Spain

Lico Cosmetics is a chemical engineer specialized in formulation and high-end cosmetics.

BeautyCosmeticsManufacturing
Series UnknownJul 5, 2023
Amount Raised: $1,085,516
Nailted

Madrid, Madrid, Spain

The employee engagement platform for modern People & HR teams.

Human ResourcesSaaSSoftware
SeedMay 17, 2023
Amount Raised: $411,844
Indemniza.me

Bilbao, Pais Vasco, Spain

indemniza purpose is to quickly and effectively manage a specialized team to protect consumer rights while avoiding airline abuses.

Law Enforcement
Series UnknownDec 21, 2022
Amount Raised: $339,458
Flame analytics

Gijón, Asturias, Spain

The best way to know and connect with your customers. IN-STORE ANALYTICS, GUEST WIFI & LOCATION BASED MARKETING PLATFORM

AnalyticsBig DataBusiness IntelligenceEmail MarketingLocation Based ServicesMarketing AutomationRetail TechnologySoftware
SeedJun 23, 2022
Amount Raised: $841,609
Product Hackers

Madrid, Madrid, Spain

The Growth Company. We hack digital products until they reach our clients' goals

Digital MarketingProduct DesignUX Design
Corporate RoundJun 8, 2022
Amount Raised: $594,791
Sheetgo

Valencia, Comunidad Valenciana, Spain

Sheetgo is a cloud-based, no-code automation tool for spreadsheets.

Business IntelligenceDatabaseEnterprise Resource Planning (ERP)Productivity ToolsSaaSSoftware
SeedMay 5, 2022
Amount Raised: $1,981,459