TheVentureCity’s mission is to support the best early-stage software businesses with capital and operational expertise. We do so by investing in fast-growing Seed & Series A software companies with the potential to generate $100M annual revenues in 7-8 years. We look for companies that are capital efficient and follow a product-led growth methodology . We target emerging tech hubs in the United States and Europe that have highly productive and specialized talent but do not have enough venture capital investment.
We are a group of international executives with experience in growing technology companies globally. We leverage our operational expertise and investment experience to help the best founders scale their businesses to extraordinary heights.
Our venture capital fund is part of a greater firm: TheVentureCity, which employs a team of operational experts (Engineers, Product Managers, Data Scientists, and Growth. See “2.0 Management Team”). This type of talent not only attracts the best entrepreneurs but also increases the probability of success for our portfolio companies. This lowers the risk of our investments and increases our ability to deliver greater returns.
Furthermore, TheVentureCity has invested in several startups such as: Nalej, Boatsetter, Returnly, Fastmind, Jobartis, Cabify, Finconecta, Fluvip, Hogaru, Enjoy HQ, Optimus Ride, Pixlee, SpotaHome, Glamping Hub, Playground, RecargaPay, Rocket, Levee, Bewe y, como acabas de publicar (gracias), SimpliRoute. At the same time, this vehicle has raised -until now-, Fund I of 50 millions of euro.
Correos (Spain’s national postal service) has launched CorreosLabs with the objective of supporting entrepreneurs on their journey towards business creation and consolidation. CorreosLab is an entrepreneurship program that provides directions and guidelines to help entrepreneurs developing their projects during a one-year period. CorreosLab gives access to mentors, entrepreneurs, or other actors within the ecosystem, as well as potential investors that can help an idea go far. The program is run by Jordi Escruela.
LOCATED IN MADRID
CorreosLabs is located in Las Tablas, in the north of Madrid. It offers entrepreneurs workspaces and support in the development of projects. Correos has invested 750.000€ in this program to supply the facilities and technology needed to bring innovative initiatives to life.
The facilities include a work area with 30 workstations, formal and informal meeting rooms, a more intimate, private area with suitable soundproofing, a conference hall with capacity for 60 people and rest areas. The whole space is equipped with high speed WIFI and cloud computing services. It also includes a garage where startups can perform tests, analyse and monitor prototypes.
CorreoLabs’ first initiative was ‘Reto Lehnica’, and it was aimed at entrepreneursand freelancers with companies no more than three years old, and focused on logistics, digitalization and society. In its first edition, five startups were selected: Tripacto, Delsuper.es, Goi Travel, Homyhub and Dsign-cloud, each receiving up to € 30,000 to work on their projects for a year. These startups can freely access all the services offered byCorreosLabs, as well as enjoy the coaching and mentoring program managed by Correos.
