22 investors have funded 9 Cybersecurity companies head-officed in Madrid, across 28 rounds (Dec 2007 – Mar 2025). They are ranked by how many Madrid companies in this market they have actually backed.
"In Madrid" describes the companies, not the investor: most of the money in any city comes from somewhere else, and the Where the money comes from section below shows exactly where it came from here.
Ranked by companies backed in this market and city, then by round count. "Led" counts rounds recorded with this investor as lead.
| # | Investor | Based in | Stages here | Companies | Rounds | Led | Latest | Portfolio total |
|---|---|---|---|---|---|---|---|---|
| 1 | Inveready | Barcelona, Spain | Series BSeries A | 2 | 2 | — | Oct 2022 | 154 |
| 2 | 360 Capital Partners | Paris, France | Series ASeries B | 1 | 2 | — | Oct 2022 | 114 |
| 3 | Paladin Capital | Washington, DC, United States | Series ASeries B | 1 | 2 | 2 | Oct 2022 | 99 |
| 4 | Nauta Capital | London, United Kingdom | Series BSeries A | 1 | 2 | — | Mar 2009 | 94 |
| 5 | Bright Pixel Capital | Maia, Portugal | Series ASeries B | 1 | 2 | — | Oct 2022 | 58 |
| 6 | Swanlaab Venture Factory | Alcobendas, Spain | Series ASeries B | 1 | 2 | — | Oct 2022 | 25 |
| 7 | Draper Associates | San Mateo, United States | Seed | 1 | 1 | 1 | Nov 2015 | 233 |
| 8 | Boost VC | San Mateo, United States | Seed | 1 | 1 | 1 | Nov 2015 | 204 |
| 9 | Elaia | Paris, France | Series B | 1 | 1 | 1 | Mar 2009 | 131 |
| 10 | Blockchain Capital | San Francisco, United States | Seed | 1 | 1 | 1 | Nov 2015 | 99 |
| 11 | K Fund | Madrid, Spain | Seed | 1 | 1 | 1 | Apr 2021 | 82 |
| 12 | Ten Eleven Ventures | Boston, United States | Series A | 1 | 1 | 1 | Nov 2019 | 62 |
| 13 | Seaya | Madrid, Spain | Series A | 1 | 1 | 1 | Nov 2019 | 60 |
| 14 | JME Venture Capital | Alcobendas, Spain | Series A | 1 | 1 | — | Sep 2020 | 57 |
| 15 | Angels Capital | Valencia, Spain | Seed | 1 | 1 | 1 | Jun 2020 | 54 |
| 16 | 123 Investment Managers | Paris, France | Series B | 1 | 1 | — | Mar 2009 | 46 |
| 17 | European Investment Fund | Luxembourg, Luxembourg | Series B | 1 | 1 | — | Mar 2009 | 39 |
| 18 | Dozen | Barcelona, Spain | Seed | 1 | 1 | 1 | Apr 2021 | 34 |
| 19 | Supercell | Helsinki, Finland | Seed | 1 | 1 | — | Mar 2025 | 23 |
| 20 | Conexo Ventures | Madrid, Spain | Series A | 1 | 1 | — | Nov 2019 | 18 |
| 21 | IESE Business School | Barcelona, Spain | Seed | 1 | 1 | — | Jul 2021 | 18 |
| 22 | Investing Profit Wisely | Madrid, Spain | Series A | 1 | 1 | — | Jun 2009 | 7 |
Head office of the investors on this page.
Rounds by stage — where in a company's life this money arrives.
Total disclosed size of each round, not one investor's share.
How active this market has been.
Cybersecurity companies head-officed in Madrid that took money from these investors.
| Company | Backers | Rounds | Disclosed | Latest round |
|---|---|---|---|---|
| IriusRisk iriusrisk.com |
6 | 10 | $178.5M | Series B Oct 2022 |
| Buguroo buguroo.com |
4 | 4 | $44M | Series A Nov 2019 |
| Agnitio agnitio-corp.com |
4 | 5 | $31.6M | Series B Mar 2009 |
| Stampery stampery.com |
3 | 3 | $1.8M | Seed Nov 2015 |
| The Honest Make Tank honest.is |
2 | 2 | $725.5K | Seed Apr 2021 |
| Remove Group removegroup.com |
1 | 1 | $1.8M | Seed Jul 2021 |
| Applivery applivery.com |
1 | 1 | — | Seed Mar 2025 |
| Optimyth Software kiuwan.com |
1 | 1 | — | Series A Jun 2009 |
| Pibisi pibisi.com |
1 | 1 | — | Seed Jun 2020 |
| Date | Investor | Company | Stage | Round size |
|---|---|---|---|---|
| Mar 2025 | Supercell | Applivery | Seed | — |
| Oct 2022 | Paladin CapitalLED | IriusRisk | Series B | $29M |
| Oct 2022 | Inveready | IriusRisk | Series B | $29M |
| Oct 2022 | Swanlaab | IriusRisk | Series B | $29M |
| Oct 2022 | Bright Pixel Capital | IriusRisk | Series B | $29M |
| Oct 2022 | 360 Capital Partners | IriusRisk | Series B | $29M |
| Jul 2021 | IESE Business School | Remove Group | Seed | $1.8M |
| Apr 2021 | K FundLED | The Honest Make Tank | Seed | $362.8K |
| Apr 2021 | DozenLED | The Honest Make Tank | Seed | $362.8K |
| Sep 2020 | Swanlaab | IriusRisk | Series A | $6.7M |
| Sep 2020 | Bright Pixel Capital | IriusRisk | Series A | $6.7M |
| Sep 2020 | Paladin CapitalLED | IriusRisk | Series A | $6.7M |
| Sep 2020 | JME Venture Capital | IriusRisk | Series A | $6.7M |
| Sep 2020 | 360 Capital Partners | IriusRisk | Series A | $6.7M |
| Jun 2020 | Angels CapitalLED | Pibisi | Seed | — |
| Nov 2019 | Ten Eleven VenturesLED | Buguroo | Series A | $11M |
| Nov 2019 | Inveready | Buguroo | Series A | $11M |
| Nov 2019 | Conexo Ventures | Buguroo | Series A | $11M |
| Nov 2019 | SeayaLED | Buguroo | Series A | $11M |
| Nov 2015 | Boost VCLED | Stampery | Seed | $600K |
Cybersecurity investors in other cities
Other markets in Madrid