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Finaves

Europe, Catalonia, Spain, Barcelona

Description

Finaves is the venture capital fund associated with IESE Business School, a renowned global business school based in Barcelona, Spain. Established to foster entrepreneurship and support ventures emerging from the IESE ecosystem, Finaves primarily invests in startups founded by IESE alumni, faculty, or those with strong ties to the institution. This unique positioning allows Finaves to leverage the extensive global network, intellectual capital, and talent pool of IESE, providing not just capital but also strategic guidance and mentorship to its portfolio companies.

The firm specializes in early-stage investments, typically focusing on seed and startup rounds. While their short description mentions mezzanine investments, their core activity remains in the nascent phases of company development, particularly within the technology and internet sectors. Finaves plays a crucial role in bridging the gap between academic innovation and market commercialization, acting as a catalyst for high-potential ventures that benefit from the rigorous training and entrepreneurial spirit cultivated at IESE.

Finaves typically deploys initial cheques ranging from approximately $50,000 to $750,000, depending on the stage, capital requirements, and potential of the venture. For instance, some of their recent funds, like Finaves VII, have been noted to make initial investments up to €500,000 (approximately $540,000). They often participate in follow-on rounds to support the continued growth of their portfolio companies, demonstrating a long-term commitment. Their investment strategy is not solely about financial returns but also about contributing to the entrepreneurial success of the IESE community and the broader innovation landscape in Spain and beyond.

Investor Profile

Finaves has backed more than 22 startups, with 2 new investments in the last 12 months alone. The firm has led 4 rounds, about 18% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Spain, Argentina, United States.
  • Strong thematic focus on Software, Information Technology, Recruiting.
  • Typical check size: $50K – $750K.

Stage Focus

  • Seed (50%)
  • Series Unknown (23%)
  • Series A (9%)
  • Angel (9%)
  • Corporate Round (5%)
  • Undisclosed (5%)

Country Focus

  • Spain (77%)
  • Argentina (9%)
  • United States (5%)
  • United Kingdom (5%)
  • Ireland (5%)

Industry Focus

  • Software
  • Information Technology
  • Recruiting
  • E-commerce
  • Travel
  • Internet
  • Human Resources
  • Marketplace
  • Ride Sharing
  • Transportation
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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 Finaves frequently co-invest with?

Proeza Ventures
North America, Nuevo Leon, Mexico, Monterrey
Co-Investments: 2
Nazca Ventures
South America, Region Metropolitana, Chile, Santiago
Co-Investments: 2
Lake Capital
North America, Illinois, United States, Chicago
Co-Investments: 1
Autotech Ventures
North America, California, United States, Menlo Park
Co-Investments: 2
Criteria Venture Tech
Europe, Catalonia, Spain, Barcelona
Co-Investments: 3
Javelin Venture Partners
North America, California, United States, San Francisco
Co-Investments: 1
Athos Capital
Europe, Madrid, Spain, Madrid
Co-Investments: 3
Liil Ventures
North America, Distrito Federal, Mexico, Mexico City
Co-Investments: 2
ESADE BAN
Europe, Catalonia, Spain, Barcelona
Co-Investments: 1
A
North America, Georgia, United States, Spain
Co-Investments: 1

Which angels does Finaves often collaborate with?

JC
North America, Illinois, United States, Chicago
Shared Deals: 1
BM
North America, New York, United States, New York
Shared Deals: 1
JU
Europe, Madrid, Spain, Madrid
Shared Deals: 1
Martin Carazo
Europe, England, United Kingdom, London
Shared Deals: 1
FW
Europe, Madrid, Spain, Madrid
Shared Deals: 1
Shared Deals: 1
IV
Europe, Catalonia, Spain, Barcelona
Shared Deals: 1
FN
Europe, Madrid, Spain, Madrid
Shared Deals: 1

What are some of recent deals done by Finaves?

BusUp

Barcelona, Catalonia, Spain

Global Commuter Shuttle Service Provider with a Pioneer Solution that enables Flexible and Shared Commuter Shuttle Programs

AutomotivePublic TransportationRide SharingTransportationTravel
Series UnknownOct 30, 2024
Amount Raised: $14,115,613
Ciudadela

Madrid, Madrid, Spain

Ciudadela is a property management company that offers digital platform for administrating and managing properties.

Artificial Intelligence (AI)Property ManagementPropTechReal EstateResidentialSoftware
SeedOct 10, 2024
Amount Raised: $2,952,071
Clevergy

Madrid, Madrid, Spain

We unlock energy insights to everyone through energy retailers

EnergySustainability
SeedJan 31, 2024
Amount Raised: $1,620,668
Apartool

Barcelona, Catalonia, Spain

Apartool is the supplier of temporary apartments in both national and international destinations.

Real EstateRental PropertyTravel
Series AOct 18, 2023
Amount Raised: $5,795,788
Taclia

Barcelona, Catalonia, Spain

Taclia is the software platform that empowers companies to manage their businesses.

B2BSoftware
SeedSep 28, 2021
Amount Raised: $1,168,615
Ixoriguè Technologies

Madrid, Madrid, Spain

Ixoriguè Technologies is a livestock business.

Animal FeedSoftware
SeedSep 8, 2021
Amount Raised: $1,000,000
BusUp

Barcelona, Catalonia, Spain

Global Commuter Shuttle Service Provider with a Pioneer Solution that enables Flexible and Shared Commuter Shuttle Programs

AutomotivePublic TransportationRide SharingTransportationTravel
Series AFeb 11, 2021
Amount Raised: $12,000,000
Boxmotions

Barcelona, Catalonia, Spain

Tech-enabled personal & business logistics with special focus on bulky items and great end customer experience.

DeliveryInternetLast Mile TransportationLogisticsShippingWarehousing
SeedDec 1, 2019
Amount Raised: $2,644,430
Cobugs

Barcelona, Catalonia, Spain

Cobugs is a Internet of Things (ioT) service provider.

ElectronicsInformation TechnologyInternet of Things
SeedFeb 4, 2019
Amount Raised: $743,285
Talent Clue

Barcelona, Catalonia, Spain

Talent Clue is a recruitment software that automates and optimizes the entire hiring process of a company.

EmploymentHuman ResourcesRecruitingSoftware
Series UnknownSep 25, 2018
Amount Raised: $2,352,664