Home to the likes of Cabify, Glovo, and Paack, Spain is not only the leader of southern Europe’s tech scene, but also a competitive player across the continent.
The value of the Spanish ecosystem — measured as the total valuation of its startups — has grown nearly 40% on average each year over the last five years. The country closed the doors to 2021 with a blazing $500m Series E for staffing marketplace Jobandtalent, and walked into 2022 with another €101m Series E for Barcelona-based TravelPerk, adding up to its growing unicorn tally.
High hopes are set upon the fleet of exciting startups leading the way in the country. Sifted ranked the most promising amongst them — including big hits, household names and fast-growing wonders.
If there is anyone missing from this list, or anything is wrong, please let us know by email at [email protected]).
Key
Year founded
Amount raised
Last funding round
Valuation
Employees
Factorial
Jobs Recruitment, Enterprise Software /
factorialhr.comBarcelona, Spain
2016
€90m
Series B
€482
501-1000
UserZoom
Marketing, Enterprise Software /
userzoom.comBarcelona, Spain
2007
€124m
Growth Equity VC
€727
201-500
2012
€81m
Series C
€277
51-200
2018
€72m
Series A
€295
51-200
2019
€50m
Series A
51-200
Sifted Take
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