# Bewater Funds

> Bewater Funds is a VC fund in Madrid backing Software and SaaS. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Madrid, Spain
- Total investments: 24
- Last investment: Oct 2025
- Lead investor: 75%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/bewa7er/
- X (Twitter): https://twitter.com/bewaterfunds
- Website: https://bewaterfunds.com/en

Bewater Funds is a VC fund in Madrid focused on Software and SaaS. Venture capital management company with moninvestment funds and liquidity for the investors.

## Contacts

5 contacts available for Bewater Funds. Shizune tracks 4 team members at Bewater Funds. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/bewater-funds?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $302k–$2M |
| Secondary Market | $24k–$281k |
| Venture - Series Unknown | $339k–$2.9M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 25% |
| SaaS | 3 | 13% |
| Machine Learning | 3 | 13% |
| Real Estate | 2 | 8% |
| Business Intelligence | 2 | 8% |

56 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 29% |
| Venture - Series Unknown | 7 | 29% |
| Secondary Market | 5 | 21% |
| Funding Round | 2 | 8% |
| Series A | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Spain | 18 | 75% |
| Colombia | 1 | 4% |
| Portugal | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Ramon Blanco Duelo | Co-Founder, CEO and Board Member | 6 | https://shizune.co/investors/profile/ramon-blanco |
| Edgar Couto Barro | Investment manager | 0 | https://shizune.co/investors/profile/edgar-couto-barro |
| Gonzalo Carriazo | Independent member of the Investment Committee | 0 | https://shizune.co/investors/profile/gonzalo-carriazo |
| Miriam Vegas González | CFO | 0 | https://shizune.co/investors/profile/miriam-vegas-gonz%C3%A1lez |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pekata | Pekata offers technological solution that allows employee to customize hamper based on personal tastes, dietary restrictions. |  | Seed | Oct 23, 2025 |  |
| Inversiva | Inversiva is a real estate investment firm that offers property management, rental, and renovation services. | $1.3M | Seed | Apr 08, 2025 |  |
| Okify | Okify is a proptech startup that is revolutionizing the move-in process in the real estate industry. We provide customers with a platform where they can create their solvency profile and manage all home services and payments, making the process of moving much easier and faster, while providing security that payments and services are up to date toagents and landlords. | $1.1M | Venture - Series Unknown | Mar 17, 2025 |  |
| Reskyt | The Reskyt platform enables developers to create hybrid apps for android and iOS using the reskyt platform, as well as databases, which the platform can import and export. |  | Secondary Market | Sep 16, 2024 |  |
| Elabogado | Elabogado owns and operates an online directory of lawyers. It allows users to connect with lawyers in Spain. Elabogado began operation on February 3, 2011. It has its headquarters in Barcelona in Spain. | $380.9K | Venture - Series Unknown | Dec 13, 2023 |  |
| Lico Cosmetics | Lico Cosmetics is a chemical engineer specializing in formulation and high-end cosmetics, supported by women entrepreneurs, specialists in the sector, and passionate about the eco-beauty world. | $1.1M | Venture - Series Unknown | Jul 05, 2023 |  |
| Nailted | Nailted is a software designed to improve company culture and so, increase employee satisfaction and employee engagement. We don’t just provide value in automating those processes that are usually tiresome for managers, human resources teams and executive directors, we also provide step-by-step guidance to adopt best practices. | $411.8K | Seed | May 17, 2023 |  |
| Indemniza.me | indemniza purpose is to quickly and effectively manage a specialized team to protect consumer rights while avoiding airline abuses and banks habitually exert on the individual citizen. | $339.5K | Venture - Series Unknown | Dec 21, 2022 |  |
| Flame analytics | Flame is a marketing and instore analytics solution that helps you to understand and connect with your customers. You will understand your clients´ behavior with analytics, connect with them thanks to the guest wifi and offer them what they need by segmenting audiences and automating personalized campaigns. You will generate a faithful andcommitted client, you will make effective and innovative marketing and you will increase your sales.Measure. Flame analytics is a software that will surprise you with its simplicity and its ease of use. It is very easy to implement and, thanks to all the data that it gives you, Flame helps you to make the best decision.Flame analytics captures high-value data with its own technology: IP video cameras, people counters, Wifi access points, API applications, etc. These devices are very easy and quick to install and activate (Flame is real plug-and-play). Flame integrates the main manufacturers of the market.Analyze. Flame provides business insights through an intuitive and online platform that is in the cloud, so it is accessible from any device with a browser, and also provides an immediate view of your business in real time. Flame gives you an intelligent, easy and very effective analytics that turns numbers into valuable information for your business: essential metrics, that are clear and easy to understand, and help you to make the best decisions. Flame will provide answers in a clear and easily understandable way. Also, thanks to its responsive design, Flame can be seen perfectly from phones, laptops or tablets. Thanks to its scalability, Flame is suitable for any business regardless of its size. Flame is a window in real time to your business. With all this information you can implement changes to improve customer experience and business performance. With multiple reports and analytical tools you can easily visualize the data, identify trends, and compare them with any other period of time. In addition, Flame provides customized reports and alerts in real time.Connect. Flame obtains useful information from customers that help retailers to drive customer centric strategies. In this way, by combining off-line / online information, you can better connect with your customers, segment messages and launch better deals. Connect with your customers through Wifi (Captive Portal), beacons or multichannel integration (on-line / off-line), etc. With Flame you will have a deep vision of your business and you will be able to implement the optimal changes that will help you to improve. | $841.6K | Seed | Jun 23, 2022 |  |
| Product Hackers | Hacking is challenging and modifying digital products to make them work better.Our goal is to generate SOLID results at the end of the funnel: money. CRO, getting more leads, etc., are just our tools to achieve it.We analyze in depth to be able to detect problems, define opportunities and formulate ideas for growth. We run these ideas throughexperiments in your production environment with real users and customers to make sure the growth of your digital product is real. And the best part: we don't need your technical team or design team. We test it all by ourselves. | $594.8K | Corporate Round | Jun 08, 2022 |  |

10 of 24 investments shown.

## Co-investors
- [Cabiedes & Partners](https://shizune.co/investors/profile/cabiedes-partners) — VC Fund, 3 deals together
- [Faraday Venture Partners](https://shizune.co/investors/profile/faraday-venture-partners) — VC Fund, 2 deals together
- [Archipelago Next](https://shizune.co/investors/profile/archipelago-next) — VC Fund, 1 deal together
- [Big Sur Ventures](https://shizune.co/investors/profile/big-sur-ventures) — VC Fund, 1 deal together
- [Cartera de Inversiones CM](https://shizune.co/investors/profile/cartera-de-inversiones-cm) — VC Fund, 1 deal together
- [Indexa Capital](https://shizune.co/investors/profile/indexa-capital-a-v-s-a-u) — VC Fund, 1 deal together

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## FAQ

### What does Bewater Funds invest in?

Bewater Funds invests primarily in Software, SaaS and Machine Learning startups, most often at Seed and Venture - Series Unknown stage. Most of the 24 investments tracked by Shizune back companies in Spain. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bewater Funds's check size?

Bewater Funds typically joins rounds of $302k–$2M at Seed, $24k–$281k at Secondary Market and $339k–$2.9M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bewater Funds participates in.

### How do I contact Bewater Funds?

Public channels for Bewater Funds include LinkedIn, X (Twitter) 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 Bewater Funds?

The team at Bewater Funds includes Ramon Blanco Duelo (Co-Founder, CEO and Board Member), Edgar Couto Barro (Investment manager) and Gonzalo Carriazo (Independent member of the Investment Committee). 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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