# Addendum Capital

> Addendum Capital is a VC fund backing Information Technology. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Madrid, Spain
- Total investments: 12
- Last investment: Apr 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/enricoraggini/
- Website: https:// www.addendum.capital

Addendum Capital is an early-stage investment firm focused in B2B SaaS

## Contacts

5 contacts available for Addendum Capital. Shizune tracks 1 team members at Addendum Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/addendum-capital?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Information Technology | 4 | 33% |
| Cyber Security | 3 | 25% |
| Security | 2 | 17% |
| Email | 1 | 8% |
| AgTech | 1 | 8% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 42% |
| Pre-Seed | 2 | 17% |
| Series B | 2 | 17% |
| Series A | 1 | 8% |
| Private Equity | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 6 | 50% |
| France | 1 | 8% |
| Germany | 1 | 8% |
| Argentina | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Enrico Raggini | Founder & CEO | 3 | https://shizune.co/investors/profile/enrico-raggini-556e |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| GuruSup | GuruSup is an AI‑powered customer‑support platform that automates up to about 90% of routine service tickets across channels like WhatsApp and web chat, reducing costs and freeing human agents for complex queries. | $1.5M | Seed | Apr 16, 2026 |  |
| Kimera Technologies | Kimera develops software solutions to understand visual content, extract its useful data and transform it into accessible information. | $2.4M | Seed | Dec 15, 2025 |  |
| TandemTrace | TandemTrace is a cybersecurity startup that is transforming the way organizations defend themselves in an era of AI-powered attacks. |  | Seed | Jul 10, 2025 |  |
| BforeAI | BforeAI focuses in predictive attack intelligence and Digital Risk Protection Services (DRPS). Empowered by PreCrime™ technology featuring behavioral AI, we aim to transform cyber defense from reactive to proactive. Our solutions encompass automated threat intelligence, brand protection, adversary disruption, and domain takedowns. Recognized byGartner in five reports and honored with awards like the FinTech Innovation Lab New York, Bfore.AI offers the industry's swiftest, most precise automated defense against online fraud. | $10M | Series B | Dec 15, 2024 |  |
| BforeAI | BforeAI focuses in predictive attack intelligence and Digital Risk Protection Services (DRPS). Empowered by PreCrime™ technology featuring behavioral AI, we aim to transform cyber defense from reactive to proactive. Our solutions encompass automated threat intelligence, brand protection, adversary disruption, and domain takedowns. Recognized byGartner in five reports and honored with awards like the FinTech Innovation Lab New York, Bfore.AI offers the industry's swiftest, most precise automated defense against online fraud. | $15M | Series A | Apr 24, 2024 |  |
| Kimera Technologies | Kimera develops software solutions to understand visual content, extract its useful data and transform it into accessible information. | $729.4K | Pre-Seed | Apr 13, 2023 |  |
| BforeAI | BforeAI focuses in predictive attack intelligence and Digital Risk Protection Services (DRPS). Empowered by PreCrime™ technology featuring behavioral AI, we aim to transform cyber defense from reactive to proactive. Our solutions encompass automated threat intelligence, brand protection, adversary disruption, and domain takedowns. Recognized byGartner in five reports and honored with awards like the FinTech Innovation Lab New York, Bfore.AI offers the industry's swiftest, most precise automated defense against online fraud. | $4M | Series A | Nov 07, 2022 |  |
| ADNTRO Genetics | ADNTRO Genetics offers human genetics research, personalized nutrition plan, personal health, consulting and services |  | Seed | May 01, 2022 |  |
| Auravant | In Auravant they help improve the efficiency of the agricultural sector through the use of aerial monitoring platforms and their analytical exploitation | $1.9M | Seed | Jun 30, 2021 |  |
| Kymatio | Support your people. Protect the company. New approach to Employee Cybersecurity Management: Kymatio identifies, analyzes, assesses, and provides the means to treat the cyber risk of human origin. Visibility: allows companies to know the cyber risk they are facing, how it's distributed, and having metrics about the evolution along time.Efficiency: provides personalized and targeted plans, that can help to use technological tools where and how they are really needed. IT Risk Management + Neuroscience People: they are not agents that produce incidents, but valuable assets that manage information. They have vulnerabilities and are exposed to threats.Risks can be identified, measured and mitigated. |  | Pre-Seed | Jun 01, 2020 |  |

10 of 12 investments shown.

## Co-investors
- [Karista](https://shizune.co/investors/profile/karista) — VC Fund, 5 deals together
- [Karma Ventures](https://shizune.co/investors/profile/karma-ventures) — VC Fund, 4 deals together
- [Adara Ventures](https://shizune.co/investors/profile/adara-venture-partners) — VC Fund, 3 deals together
- [Bonsai Partners](https://shizune.co/investors/profile/bonsai-partners) — VC Fund, 2 deals together
- [SYN Ventures](https://shizune.co/investors/profile/syn-ventures) — VC Fund, 2 deals together
- [4Founders Capital](https://shizune.co/investors/profile/4founders-capital) — VC Fund, 1 deal together

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## FAQ

### What does Addendum Capital invest in?

Addendum Capital invests primarily in Information Technology, Cyber Security and Security startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Addendum Capital?

Public channels for Addendum Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Addendum Capital?

The team at Addendum Capital includes Enrico Raggini (Founder & CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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