Carlos Blanco
Description
Carlos Blanco is a highly influential figure in the Spanish startup ecosystem, renowned for his extensive entrepreneurial background and prolific investment activities. As the Chairman and CEO of Encomenda Capital Partners SGEIC, a Barcelona-based venture capital firm, Blanco primarily focuses on early-stage technology companies. His investment philosophy is deeply rooted in his own experience as a serial entrepreneur, having founded and successfully exited several businesses, which provides him with a unique perspective and hands-on approach when evaluating and supporting startups. This operational insight is a significant asset to his portfolio companies, offering more than just capital.
Encomenda Capital Partners typically targets seed and early-stage rounds, with a particular emphasis on scalable business models, including B2B SaaS, marketplaces, and e-commerce platforms. The firm's first fund, Encomenda Smart Capital I, successfully raised approximately €10 million, demonstrating their capacity to deploy significant capital into promising ventures. Initial investment tickets from Encomenda Capital generally range from €100,000 to €500,000, with the potential for follow-on investments as companies achieve key milestones and progress through subsequent funding rounds. This strategic approach allows them to support companies from their nascent stages through growth.
Blanco's personal investment track record predates Encomenda Capital, with over 100 angel investments made before establishing the fund. His portfolio boasts numerous success stories, including the notable acquisition of Akamon by Zynga for €23.7 million, a testament to his keen eye for high-potential ventures. Beyond direct investment, Blanco has also played a pivotal role in fostering the startup community through initiatives like Conector Startup Accelerator, further solidifying his position as a cornerstone of innovation in Southern Europe. His consistent activity and strategic guidance have made him a go-to investor for many aspiring entrepreneurs in the region.
Investor Profile
Carlos Blanco has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 9% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Angel, Pre Seed rounds (top funding stages).
- Majority of deals are located in Spain, United Kingdom.
- Strong thematic focus on Internet, Software, E-Commerce.
- Typical check size: $108K – $540K.
Stage Focus
- Seed (73%)
- Angel (14%)
- Pre Seed (5%)
- Series Unknown (5%)
- Convertible Note (5%)
Country Focus
- Spain (86%)
- United Kingdom (14%)
Industry Focus
- Internet
- Software
- E-commerce
- Financial Services
- Fintech
- Mobile Apps
- Apps
- Real Estate
- Enterprise Software
- Payments
Frequently Asked Questions
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