# Top 50 InsurTech Startup Investors in Spain in June 2026 ## Antai Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: E-Commerce, Shopping, Marketplace We back incredible people and help them build disrupting products with the potential of changing the lives of millions. ## Inveready - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Biotechnology, Information Technology Inveready is a leading Spanish financial services firm focused on investment solutions and wealth management. ## 4Founders Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, SaaS 4Founders Capital is Venture Capital fund, founded in Barcelona in 2017 investing in high growth technology companies with a clear focus on profit generation, efficient use of capital and with solid teams.4Founders Capital is promoted by Jesús Monleón, Marc Badosa, Javier Pérez-Tenessa and Marek Fodor. 4Founders team's international DNA andextensive experience as Founders and CEOs of successful technology companies allows to assist entrepreneurs and maximize their chances of success to build high impact global technology businesses.We are interested in projects with solid teams, which aim to create large international companies, with a market-tested superior product or service, and a clear revenue and profit generation model. Companies are not required to be in break-even.We invest anywhere from €100K in early stage investments, and typically bring co-investors with us to increase that amount. We do follow-ons for up to €4M per company over the lifetime of our investment. ## Demium Capital - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 3 - Stages: Pre-Seed, Seed, Series A - Focus: Software, FinTech, Health Care Demium is a talent investment company founded in Spain in 2013 with the aim of supporting the best professionals and helping them to carry out successful projects, always with an eminently digital and technological component. In November 2020, it's asset management company, Demium Capital, started operating with a first €50M fund to invest inmore than 75 early-stage startups per year (pre-seed/seed), becoming the most active venture capital fund in Spain. Startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu or Landbot, among others have been created in the incubator. The company is present in five countries: Spain, Portugal, Poland, Ukraine and Czech Republic ## Bonsai Partners - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, E-Commerce, Marketplace Bonsai Partners is a Venture Capital investment company based in Madrid, Spain. We invest in both primary and secondary opportunities in Tech startups from Europe. ## Toubkal Partners - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 3 - Stages: Seed, Pre-Seed, Angel - Focus: FinTech, Internet, Automotive Toubkal Partners is a Spanish investment firm focused on investments in consumer good, technology, and financial industries. ## Bankinter - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Apps, FinTech Bankinter is an innovative Spanish commercial bank. From an investment perspective, Bankinter's Venture Capital team and Fundación Innovación Bankinter jointly develop a program called Venture Capital Program, focused on identifying and investing in high potential startups using the bank's resources. The program has been active since2013, and from that moment it has already invested in more than 40 startups. In addition to the investment itself, the program tries to add value to the companies with which it interacts through the sharing of experiences and best practices.A key part of the company's strategy is the quality of customer service and innovation. The spirit is defined by the values ​​agility, enthusiasm, integrity, and originality. The company offers a wide range of financial products and services, in addition to advising clients, aggregators, product simulators, and a variety of value-added services. The company's staff are trained, agile, flexible workforce, capable of adapting to technological and market changes.Bankinter was founded on 1965 and is headquartered in Madrid, Spain. ## Nauta Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Mobile We support visionary founders across Europe as they build the next generation of B2B software companies. ## Nazca Ventures - Type: VC Fund - Location: Santiago, Region Metropolitana, Chile - Relevant deals: 2 - Stages: Seed, Series A - Focus: Internet, E-Commerce, FinTech Revolutionary Empowerment for Founders in Latin America. ## Global Founders Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, Software, FinTech Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel. ## Banco Sabadell - Type: VC Fund - Location: Alicante, Comunidad Valenciana, Spain - Relevant deals: 2 - Stages: Seed, Debt Financing - Focus: Software, E-Commerce, Health Care Banco Sabadell is a banking group that specializes in serving small and medium enterprises. It comprises of several banks, brands, subsidiaries, and associated banks. The company was founded in 1881 and is headquartered in Alicante, Spain. ## Alma Mundi Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, InsurTech, Insurance We back bold and purpose-driven founders. ## Angels Capital - Type: VC Fund - Location: Valencia, Comunidad Valenciana, Spain - Relevant deals: 2 - Stages: Seed, Angel - Focus: Software, E-Commerce, Health Care Angels Capital philosophy is to find and support at 1 able to lead a project. Their goal is to support the entrepreneurial, helping to create new businesses, help grow their business sector, generate employment and create wealth. ## Social Starts - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, Artificial Intelligence Social Starts is a $60M+ venture capital partnership with a uniquely data-driven approach to investing in moment-of-inception and Series A financing rounds. ## ICF Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 2 - Stages: Debt Financing, Seed - Focus: Software, Biotechnology, Health Care ICF Capital is a venture and growth capital management firm from ICF. ICF is a public financial institution founded in 1985 and owned by the Government of Catalonia. Our mission is to foster and improve access to funding for companies that operate in Catalonia in order to contribute to the growth of the region's economy while complementing theprivate financial sector. ICF provides funding to Catalan companies and entrepreneurs. They assist them in their development and growth, generating value for society at large. The institution offers companies a range of products and services in the area of corporate finance, focusing on loans and guarantees and venture capital investments. ICF operates via a parent company, two subsidiaries (IFEM and ICF Capital), and an investee (AVALIS). ICF, through IFEM, supports the creation and growth of innovative start-ups through the investment in venture capital funds for seed segments and co-investment with private investors through participative loans. ICF Capital, which manages closed-end UCITS and is authorized by Spain's National Securities Market Commission (CNMV), manages, nurtures, and advises public and/or private funds or venture capital firms that provide capital to Catalan companies. At present, ICF Capital directly manages 2 venture capital firms: ICF Capital Expansió II and ICF Venture Tech II. ## astorya.vc - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: InsurTech, Insurance, Financial Services Scope . New technologies enable insurance, to change its status quo, business models and way of serving customers in the age of continuous change. We are investing in visionary founders eager to build this next generation of insurance and capable to take their vision off-the-ground. ## Oscar Fuente - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Artificial Intelligence, Apps, SaaS Oscar Fuente is the founder and CEO of the IEBS Business School. ## Miguel Vicente - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Sales, Internet, InsurTech Miguel Vicente is the Chairman and Founder of TechBarcelona. He previously worked at LetsBonus as a Founder and CEO. Miguel Vicente attended London Business School. ## Marek Fodor - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, FinTech, Financial Services Marek began his career working in consulting and banking before moving on to internet-related projects. Before joining Kantox he co-founded and was CTO at Atrapalo, largest independent online travel agency in Spain. He is an active business angel investor and mentor for technology startups. He is specialised in marketing and growth strategiHe has adual university education background in both computer science and in economics. ## Yago Arbeloa - Type: Angel - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Apps, E-Commerce, FinTech Yago Arbeloa - President @ MIOGROUP ## François Derbaix - Type: Angel - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: FinTech, Financial Services, E-Commerce Francois Derbaix is the Co-founder and co-CEO of Indexa Capital. He previously worked at Toprural as a Founder and CEO. Francois Derbaix attended the Catholic University of Louvain. ## TA Ventures - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Software, Health Care TA Ventures is a global, network-driven VC firm investing in early-stage tech startups that redefine the industries of tomorrow. We typically write initial checks of $100-250K for Pre-Seed and Seed companies and actively provide follow-on investments. We pride ourselves on swift execution, hands-on support, and leveraging our extensiveinternational network. By connecting our portfolio companies with growth-oriented co-investors, we help them scale effectively through subsequent funding rounds. Additionally, we draw on our deep industry expertise to offer portfolio companies and partner VCs access to top-tier, cost-efficient R&D talent. ## Cartera de Inversiones CM - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Series A - Focus: InsurTech, Insurance, Management Consulting Cartera de Inversiones CM is a venture arm of Bankinter that is based in Barcelona, Spain. ## The Crowd Angel - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Equity Crowdfunding - Focus: Internet, Software, E-Commerce The Crowd Angel is a premium equity crowdfunding platform that enables its users to invest from 3.000€ in a selection of the best Spanish startups. A hybrid between crowdfunding and venture capital, it takes an active part on the board of the companies invested. The platform opens the business angel model to people wanting to enter the startupecosystem.We have co-invested together with some of top Spanish VCs (Inveready, Keyword VC, Antai Venture Builder, Media Digital Ventures, Bankinter, etc). We are backed by Inveready and Keyword VC. ## HOWZAT Partners - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 1 - Stages: Seed, Series A - Focus: Travel, E-Commerce, SaaS Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London. ## Stride.VC - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, FinTech Stride.VC is a London-based seed-stage tech fund; a small team of dedicated venture investors backing small teams of passionate entrepreneurs. We favour prototypes over powerpoints and whiteboards over boards. We love our craft. ## Liberty Mutual Strategic Ventures - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Software, InsurTech, Real Estate Liberty Mutual Strategic Ventures is a $150M corporate venture fund backed by Liberty Mutual Insurance. We invest in insurtech, fintech, and adjacencies across the future of shelter, mobility, commerce, and insurance innovation. We are focused on property and casualty across personal and commercial lines; we do not invest in life or healthstartups. We primarily invest in the United States, but will evaluate startups that operate across Liberty Mutual’s global footprint. ## Vigo Activo - Type: VC Fund - Location: Nigrán, Galicia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Automotive, Financial Services Vigo Activo is a venture capital company that seeks to contribute to the economic development of Galicia, and specifically Vigo and its area of ​​influence. It promotes the renewal of the Galician industrial fabric by betting on effective people, with innovative projects and sectors with emerging technologies. The firm has supported the growth ofmany companies by providing them with venture capital financing and advice. With a total of disbursed funds exceeding 16 million euros and more than 20 years of history. ## Mangrove Capital Partners - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Information Technology Mangrove Capital Partners is a contrarian investment firm helping innovative entrepreneurs start and grow. ## FJ Labs - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Financial Services FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups. ## Seaya - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Series A, Series B - Focus: Internet, Software, Financial Services Seaya is an European VC investing in exceptional entrepreneurs who build global tech companies. ## ENISA - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Debt Financing, Pre-Seed - Focus: Software, Health Care, Information Technology ENISA is a public company under the Ministry of Industry, Energy and Tourism, through the Directorate General of Industry and Small and medium-sized enterprises which, since 1982, actively participates in the financing of viable and innovative business projects. ## 468 Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology 468 Capital is an investment firm that focuses on identifying and managing opportunities in various markets. The firm employs a systematic approach to investment analysis and portfolio management. It collaborates with a range of partners to support its investment strategies. The company serves industries including technology, healthcare, andrenewable energy. ## Med Group - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed - Focus: FinTech, InsurTech, Insurance Med Group is a financial firm that provides tax, banking, insurance, accounting, legal and consulting services. ## Angel Cano Fernandez - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Apps, Video, Software Mr. Angel Cano Fernandez serves as President, Chief Operating Officer and Executive Member of the Board of Directors of Banco Bilbao Vizcaya Argentaria S.A.He is also Member of the Executive and Management Committee of the Bank as of 2000. He began his career in 1984 at Arthur Andersen where he stayed for seven years. Between 2006 and 2009, heacted as Director of Resources and Means for the BBVA Group with added responsibilities for the corporate Global Transformation Plan.Moreover, he served as Director of Resources and Means with responsibility for Technology across the BBVA Group from 2005 till 2006. Between 2003 and 2005, he acted as Director of Human Resources and Services for the BBVA Group and prior to this, as Chief Financial Officer of BBVA from 2001 and 2003. In the past, he served as Controller at Argentaria, from 1998 to 2000, and Assistant Controller, from 1996 to 1998. Moreover, he has served as Alternate Member of the Board of Directors of BBVA Bancomer SA and Grupo Financiero BBVA Bancomer SA de CV, as well as Member of the Board of China Citic Bank Corporation Limited (CNCB) and Turkiye Garanti Bankasi AS.He graduated in Economics and Business Administration. ## Cathay Innovation - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Artificial Intelligence, FinTech A Global Venture Capital Platform Connecting Innovators Everywhere ## Bernardo Hernandez - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Series A - Focus: Mobile Apps, Apps, Delivery Bernardo Hernandez is leading Spanish Business Angel. He graduated from ICADE, a top Business School in Madrid Spain in 1993. He has a Masters in Finance from Boston College and holds the Chartered Financial Analyst (CFA) designation. At the age of 29, after 5 years as an analyst and portfolio manager in the asset management industry with companieslike Fidelity and Putnam Investments, he started his first internet venture idealista.com, now the leading real estate online portal in Spain. Since then he has participated in other online start-ups as a Business Angel, like floresfrescas.com, planetaki.com, 11870.com or the leading social network in Spain, tuenti.com.His latest venture is StepOne.com, a company that helps Spanish businesses to get established in the US. He is also member of the board at Bodaclick.com, the first Spanish internet company to go public.Bernardo joined Google in 2005 and is currently Director of Product Management and Managing Director for Zagat. He is based in New York. ## Entourage - Type: VC Fund - Location: Ghent, Oost-Vlaanderen, Belgium - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: SaaS, Software, Information Technology Entourage is a venture Studio and early stage VC that invests in early-stage B2B and SaaS sectors. ## Fundacion Innovacion Bankinter - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Focus: FinTech, Internet, Analytics On the website of the Bankinter Innovation Foundation you will find content, experts and events that seek to transform innovation into society. ## GoHub Ventures - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Internet of Things, Artificial Intelligence Ayudamos a startups deep tech a convertirse en grandes participantesen el sector del agua, industria 4.0 y smart cities. ## Jesus Monleon - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Apps, FinTech Jesus Monleon is a serial entrepreneur and Internet enthusiast. Co-founded eMagister.com, SeedRocket and Offerum founder, a daily offers collective buying company. ## Mathieu Carenzo - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed - Focus: Funerals, Software, InsurTech I am a seasoned entrepreneur and dynamic Business Angel with current investments in scale-ups such as Glovo or Bizaway and promising start-ups such as Trioteca, Daysk, Vasquiat and many others. I keep a portfolio of 10/12 start-up investment at any given moment.I focus my investments in (but not limited to) SAAS and Marketplaces with B2B andB2B2C business model.I currently teach in the MBA and the GEMBA of IESE Business School and have extensive experience teaching programs in 3 different languages (English, Spanish and French) and 4 continents. ## Alexandre Guinefolleau - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed - Focus: SaaS, FinTech, InsurTech An all-round web professional with a strong background in hospitality, passionately involved in tech and entrepreneurship. ## Carlos Blanco - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Internet, Apps Carlos Blanco is the Chairman and CEO of Encomenda Capital Partners SGEIC. He previously worked at Hastee as a Partner. Carlos Blanco attended Pompeu Fabra University. ## Sabadell Venture Capital - Type: VC Fund - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Internet, E-Commerce Sabadell Venture Capital's main purpose is to support entrepreneurial Spanish projects during their initial stages (Seed and Early Stage). They want to be the financial partner of the startups and to be part of its innovative and transformative projects. They add value to the company through the different stages of its growth. Banco Sabadellis defined by its entrepreneurial spirit: “A bank by entrepreneurs, for entrepreneurs, helping entrepreneurs". ## Albert Malagarriga - Type: Angel - Location: Barcelona, Catalonia, Spain - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: InsurTech, Insurance, Blockchain Product guy, entrepreneur at heart, business guy by education. ## Athos Capital - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence This post is about entrepreneurs and secrets. ## CDTI - Type: VC Fund - Location: Ventura, California, United States - Relevant deals: 1 - Stages: Seed, Debt Financing - Focus: Software, Information Technology, Health Care Developing combustion engine catalyst and coating technology to reduce emissions and improve fuel efficiency for clean energy production. ## Mutua Madrileña - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 1 - Stages: Series A, Series B - Focus: Fitness, Internet, Software Mutua Madrileña is a spain's largest insurance company. ## Carles Marcos i Guàrdia - Type: Angel - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Seed - Focus: SaaS, FinTech, InsurTech Carles Marcos i Guàrdia is the Country Manager of Spain at Qonto. Carles Marcos i Guàrdia attended Esade.