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Funding and advertised pay are reported in USD; filed accounts retain their stated source currency and basis.

Exchange-rate basis

Indicative conversions use ECB reference rates dated 2026-09-14, applied consistently across all periods. They are not historical exchange rates. Indian rupees may use crore (1 crore = 10 million); other currencies use K, M and B. CSV downloads, source documents and quoted news headlines retain their original currencies.

THE MADRID EDITION 2026

Madrid’s
retail industry,
in focus.

The companies, capital and talent shaping retail in Madrid. Find the leaders. Understand the segments. See where the activity is.

Explore in Radar Read the key signals
Snapshot: Funding in USD
Illustrated cover for Retail Industry Landscape of Madrid
ES
COMPANIES · CAPITAL · TALENT

An industry ecosystem,
measured in context.

Retail illustration
Companies tracked 364Retail ecosystem in Madrid Disclosed funding $511.79M45 companies · all recorded rounds Companies hiring 9With open roles at the snapshot Tracked open roles 130 employers posted in the preceding 30 days
MEET THE COMPANIES

Explore Madrid’s retail leaders

24 featured companies from the funding, hiring, revenue and team-size leaderboards.

Expand panel +
Explore the full landscape
Retail company highlights in Madrid, snapshot 3 September 2026
Company
Lingokidslingokids.com$188.74M—203—
CALEIDOespaciocaleido.com$143.45M———
Modaliamodalia.com$38M———
BuyVIPbuyvip.com$27.8M—201—
Revenireveni.com$18.16M———
Ecoalfecoalf.com$12.92M2 roles146—
Nextailnextail.co$11.6M—167—
Bewebewe.io$8.61M—102—
Algorialgori.ai—3 roles——
The Brubakerthebrubaker.com—2 roles12—
3ina3ina.com—1 roles181—
Guawguaw.com—1 roles26—
Percentilpercentil.com—1 roles22—
Sepiiasepiia.com—1 roles26—
tendamtendam.es—1 roles9,529—
BIMANIbimani13.com——49—
Cortefielcortefiel.com————
DIVAINdivainparfums.com————
Esdemarcaesdemarca.com————
Sqrupssqrups.es——175—
Todos Tus Librostodostuslibros.com————
Wakymawakyma.com————
el corte ingléselcorteingles.es——100,000—
game iberiagame.es——1,000—
24 featured companies

Locked revenue figures are available in Radar; the eight company financial previews stay the same throughout this page. A dash means the figure is outside these featured lists. Revenue years vary by company; the figures are not a like-for-like revenue comparison. Compare annual accounts ↗

Company discovery

Recorded evidence only

Explore the live startup set in Radar

No company example met every recorded classification, independence and public-profile gate in this snapshot. The live directory may have newer qualifying companies.

Explore classified startups in Radar ↗
THE KEY SIGNALS

Retail industry KPIs in Madrid

A few useful ratios bring the size of this ecosystem into perspective.

3 September 2026
Hiring participation2.5%

9 of 364 tracked companies have open roles.

Funding participation16.5%

60 of 364 tracked companies have a recorded round.

Top 3 funding share72.3%

Share of disclosed capital received by the three largest recorded recipients.

Median disclosed round$1.31M

Midpoint of 63 rounds with a disclosed amount.

Scale is concentrated. Opportunity is broader. The three largest funding recipients hold 72.3% of disclosed capital, while 83.5% of tracked companies have no recorded funding round.

Explore the segments →
CAPITAL & COMPANY FORMATION

How Madrid retail has grown

Recorded company formation and disclosed funding across the complete annual series shown.

Expand panel +
2016 — 2025

Disclosed funding by year

Sum of recorded funding rounds · USD

Madrid retail
$0$48.31M$96.62M$144.93M$193.24M2016: $4.47M20162017: $4.49M20172018: $169.51M20182019: $2.06M20192020: $24M20202021: $41.71M20212022: $19.46M20222023: $12.33M20232024: $9.35M20242025: $140.91M2025
View the numbers
Annual retail funding and company formation in Madrid
YearFunding (USD)FoundedRaising
2016$4.47M274
2017$4.49M263
2018$169.51M166
2019$2.06M152
2020$24M328
2021$41.71M323
2022$19.46M1512
2023$12.33M77
2024$9.35M34
2025$140.91M04
WHERE CAPITAL SITS

Funding concentration

Share of all disclosed company funding.

  • Lingokids36.9%
  • CALEIDO28.0%
  • Modalia7.4%
  • Other companies27.7%

Funding by stage

78 recorded rounds since 2016

NUMBER OF ROUNDS
Seed & Angel39 50.0%
Series A–B16 20.5%
Series C+ / PE2 2.6%
Grants, debt & other21 26.9%

Recent recorded rounds

Latest recorded rounds · USD
0 rounds

Swipe or scroll horizontally to browse.

Largest and notable recorded rounds

Each card is one recorded round
10 cards

Swipe or scroll horizontally to browse.

Series A06/2018
Nextailnextail.co$10M

Backed by Keen Venture Partners and Nauta Capital and others.

Series A09/2025
Revenireveni.com$8.79M

Backed by 13books Capital and JME Venture Capital and others.

THE BUSINESS BEHIND THE ACTIVITY

Revenue, profitability & financial strength

Expand panel +

Annual accounts availability

No reviewed exact national-ID connector has yet been qualified for Spain; this is a checked implementation boundary, not evidence that filings are absent.

DIGITAL FOOTPRINT

Web traffic, app reach and release cadence

How the Madrid companies on this page show up online: the sites people visit, the apps they install, and how often those apps ship.

Busiest websites

15 of the 364 companies on this page carry a measured traffic record (4.1%); these are the largest of those, by monthly visits. The median among them is 633,200 visits.

CompanyMonthly visitsAuthorityMobile
el corte ingléselcorteingles.es16,253,4837966.5%
Miraviamiravia.es3,772,3754781.8%
Doofinderdoofinder.com3,756,5804696%
game iberiagame.es3,585,2856376.9%
AllModernallmodern.com2,764,9415368.2%
Cortefielcortefiel.com1,327,6714980.9%
DIVAINdivainparfums.com729,9204084.4%
footdistrictfootdistrict.com633,2004060.8%
Sferasfera.com609,0314779.5%
optica 2000optica2000.com136,7514079.8%

Visits and authority are third-party web estimates, not company-reported figures.

Most-installed apps

32 of these companies (8.8%) publish at least one Android app — 45 apps in all, carrying 98.7M installs between them.

AppInstallsRatingStore category
Lingokids: Games & ShowsLingokids75.5M4.3Education
Miravia: Online shopping appMiravia11.5M3.5Shopping
El Corte Inglésel corte inglés5.2M4.4Shopping
GAMEgame iberia1.5M1.5Entertainment
EsdemarcaEsdemarca1.1M—Shopping
Cortefiel | Moda hombre/mujerCortefiel824.5K—Shopping
SferaSfera633.3K—Shopping
PROMOS: Escanea y gana dineroPROMOS377.6K—Shopping
Publicaciones El Corte Inglésel corte inglés357.5K4Shopping
OrquestOrquest276.4K4.7Productivity

Installs are lifetime totals to date at the June 2026 store reading — a measure of reach, not of people using an app today.

App reach by segment

The busiest app inside each of this page’s own segments, with the quarterly release trend behind it (2023Q1–2025Q2).

SegmentAppsInstallsLeading appRelease trend
Retail Chains56.6MEl Corte Inglés 5.2M
Fashion Tech71.9MEsdemarca 1.1M
In Store Retail Tech6586KOrquest 276.4K
Enterprise Resource Planning7342.3KGIR Staff 271.3K
Pet Tech9154.8KWakyma - Cuida de tu Mascota 45.2K
Local Services668.8KVet2Go 17.3K
E-Commerce Enablers256.8KCatcher - Driver 45.3K
Beauty Tech845.1KBewe para clientes 18.8K

A company can carry several segment tags, so these rows overlap and should not be added together. Trend lines are zero-based and share one quarter grid, so a flat line is a quiet segment, not a missing one.

Release cadence by quarter

New apps published, beside apps whose most recent update landed in that quarter — the second bar is how much of the shelf is still being maintained.

2023Q1: 12023Q1: 02023Q12023Q4: 12023Q4: 12023Q42024Q3: 12024Q3: 32024Q32025Q2: 22025Q2: 12025Q2

Darker bars are new releases, lighter bars apps updated. 29 of 45 apps carry a release date. The series ends at 2025Q2, the last quarter that closed before the June 2026 reading.

INSIDE THE INDUSTRY

The Madrid retail market map

Explore the segments behind the headline numbers.

Expand panel +

Where companies are building

Rank segments by scale, hiring or disclosed funding.

Consumer digital179
B2c e-commerce160
Enterprise tech81
B2c fashion e-commerce63
Internet first brands62
Commerce enablers51
Enterprise software49
Marketplaces42
Internet first fashion brands40
Saas27
Retail saas25
Internet first apparel brands17

Companies can sit in several segments. Counts and funding overlap.

SEGMENT TO EXPLORE

Consumer digital

The largest measured segment in this report snapshot.

179companies
2.2%have hiring activity

4 companies hiring · $279.04M disclosed funding

Explore in Radar

How companies make money

Common revenue models; a company can use more than one.

E-commerce - product220
Subscription103
E-commerce - service91
Commission on transaction55
Advertising43
Physical commerce31
Fee-for-service25
Renting / leasing4
THE COMPANIES IN MOTION

Who is listing, hiring leaders, launching and winning work

Recorded corporate activity linked to companies in this landscape.

Expand panel +
Recent corporate headlines 10 dated reports
Mergers & acquisitionspercentil.com ↗

Subsequently, MySize acquired Percentil in May 2025 for approximately 610,000 euros (about $679,000) to prevent its liquidation.

Funding roundsalgori.ai ↗

Today, Madrid-headquartered Algori, the purchase and behavioural data platform built for the FMCG industry, announced that it has secured €3.6 million in additional growth capital.

Funding roundsreveni.com ↗

The Series A funding round was led by 13books Capital, with participation from JME Ventures, BSV, and Bynd Venture Capital. To date, the company has raised a total of €17.3 million.

Mergers & acquisitionstendam.es ↗

UAE’s Multiply Group acquires 67% stake in Spain's Tendam for $1.5bln

Funding roundsecoalf.com ↗

Ecoalf, a Spanish textile brand committed to the environment and controlled by the British manager Treïs, has signed a loan of seven million euros with Impact Bridge, a Spanish manager specializing in impact investment.

Mergers & acquisitionsorquest.com ↗

DePuy's (Warsaw, Indiana) DePuy AcroMed subsidiary (Raynham, Massachusetts) has acquired substantially all of the assets of Orquest (Mountain View, California), a privately held biotechnology company focused on developing biologically based implants for orthopedics and spine surgery.

Mergers & acquisitionselcorteingles.es ↗

El Confidencial said today that this percentage will be around 50%.

Funding roundsnextail.co ↗

Nextail, an AI driven merchandise planning and execution platform for fashion retailers, has turned ten, and also announced a leadership change and a multi-million euro cash injection from existing investors.

Mergers & acquisitionsmiravia.es ↗

Miravia, of the Alibaba International Digital Business division of the Asian giant, have taken a further step in their commercial relationship with the acquisition by the second of a 20% stake in the capital of the first.

Full recorded event mix

Top 9 categories among 54 recorded events in the 24-month window.

Mergers & acquisitions
14
Leadership moves
11
Company announcements
10
Funding rounds
9
New products
3
Board Updates
2
Capital infusions
2
Earnings
2
Asset acquisitions
1

Leadership moves

5 tracked people moves

Cristina Álvarez

Appointment President

BIMANI ↗
Blanca Gallego

Appointment Director of Marketing and Business

BIMANI ↗
Alicia Queralt

Appointment Product Director

Gaston Bottazzini

Termination Previously Chief Executive Officer

Santiago Bau

Appointment General Manager

Mergers and acquisitions

Company-linked deal reports; status is preserved as recorded.

Acquirer → targetStatusDateValue / context
mysize→Percentil ↗Completed2026-01-28Not stated in snapshot
multiply group→tendam ↗2026-01-05Not stated in snapshot
Emirates Multiply Group→tendam ↗Completed2025-07-25Not stated in snapshot
Emirati Multiply Group→tendam ↗Completed2025-07-23Not stated in snapshot
New Percentil, S.L.→Percentil ↗Announced2025-05-12Not stated in snapshot
DePuy AcroMed→Orquest ↗Announced2025-02-14Not stated in snapshot

A discussion or rumour is not a completed transaction. An unstated value is not zero.

PEOPLE & OPPORTUNITY

The talent market

1 postings in the preceding 12 months. The full 18-posting snapshot covers 15 employers.

Expand panel +

Most advertised job titles

Presales Consultant Retail3
Young Talent Management Programme (Fashion Retail)2
Retail Media Campaign Manager1
Remote Customer Advisor For Fashion Retailer Pvh (Dutch/Flemish Speaker)1
Retail Marketing Coordinator Maternity Leave Cover Las Rozas Village1
Store Manager Berlin Retail · Nude Store Berlin1
0 internship postings

2 tracked postings mention remote work.

The seniority mix

5 postings specify a level.

unspecified
13
manager
3
lead
1
senior
1
THE PEOPLE BUILDING THE FIELD

Founders and leaders

175 founders and chief executives across 127 companies.

Expand panel +
12 profiles

Swipe or scroll horizontally to browse.

Education networks

13 profiles with education records.

Harvard University
2
INSEAD
2
Universidad Politécnica de Madrid
2
Cornell University
1
Princeton University
1
University of Oxford
1
ESIC Business & Marketing School
1
University of California (Berkeley)
1

Prior employers

2 profiles with prior-work records.

Profiles cover recorded founders and leaders; contact details remain in Radar.

NEWS INTELLIGENCE

How this industry appears in the news

19,127 articles in the measured 12-month window.

Expand panel +
19,127articles in the measured year
4,682articles in 2026Q1
64.4%positive tone in the latest complete year

News volume trends

Retail coverage tagged Madrid · articles per complete quarter

01,9013,8025,7037,6042021Q2: 3,8082021Q22021Q3: 2,9242021Q4: 3,0842022Q1: 3,2272022Q2: 5,0252022Q22022Q3: 3,3762022Q4: 4,3332023Q1: 4,2062023Q2: 4,5722023Q22023Q3: 4,4002023Q4: 4,4652024Q1: 5,2872024Q2: 6,1932024Q22024Q3: 5,0012024Q4: 5,9862025Q1: 6,6122025Q2: 6,1842025Q22025Q3: 4,6332025Q4: 4,2322026Q1: 4,6822026Q1
View quarterly article counts
QuarterArticles
2021Q23,808
2021Q32,924
2021Q43,084
2022Q13,227
2022Q25,025
2022Q33,376
2022Q44,333
2023Q14,206
2023Q24,572
2023Q34,400
2023Q44,465
2024Q15,287
2024Q26,193
2024Q35,001
2024Q45,986
2025Q16,612
2025Q26,184
2025Q34,633
2025Q44,232
2026Q14,682

Article volume measures coverage, not market sales.

Tone of coverage over time

2021
6,320 positive · 210 neutral · 3,851 negative
2022
9,878 positive · 369 neutral · 5,684 negative
2023
11,036 positive · 326 neutral · 6,244 negative
2024
14,501 positive · 405 neutral · 7,508 negative
2025
13,922 positive · 317 neutral · 7,385 negative

Leading coverage topics

Retail coverage tagged Madrid · ranked by full-period article count.

Geopolitical Disputes And Contested Areas300,847 articles in the full recorded period
108,139 recent · 81,434 prior
International And Transnational Geographic Entities300,841 articles in the full recorded period
108,142 recent · 81,436 prior
Administrative And Political Subdivisions300,812 articles in the full recorded period
108,128 recent · 81,430 prior
International Sports Competitions40,129 articles in the full recorded period
6,892 recent · 10,328 prior
Sports History And Legacy Stories26,735 articles in the full recorded period
19,580 recent · 2,616 prior
Professional League Updates25,113 articles in the full recorded period
5,684 recent · 5,321 prior
Sportsmanship And Ethics In Sports24,273 articles in the full recorded period
18,613 recent · 1,391 prior
Olympic Games Coverage17,798 articles in the full recorded period
2,029 recent · 5,640 prior
Athlete Transfer Rumors16,917 articles in the full recorded period
3,998 recent · 3,498 prior
Championship Event Highlights16,878 articles in the full recorded period
3,395 recent · 4,246 prior

Recent and prior counts use the source comparison windows.

Topics gaining and losing attention

Spain comparison coverage

KeywordRecentPriorChange
countries4,2501,920121%
women\'s champions league76253642%
geopolitical alliances76140787%
foreign policy analysis624194222%
diplomatic strategies51432359%
multilateral diplomacy513176191%
fire impact study511185176%
extreme temperature advisory392131199%
wildfire control365168117%
prolonged high temperatures356122192%
europa league5691,678-66%
olympic trials1671,607-90%
olympic team selections2371,432-83%
ronaldo6101,099-44%
final match3471,064-67%

Event and signal lenses

Spain comparison coverage

All complete annual cohorts shown
Rising

Regulatory Risk

601,804 classified articles

territories, disputed islands, countries

13.0% critical · 12.5% positive
Rising

Funding Momentum

46,456 classified articles

club valuation, quarterfinals, world cup

30.7% critical · 44.6% positive
Rising

Growth

93,290 classified articles

league expansion news, gdp growth rate, gdp acceleration

25.0% critical · 49.2% positive

Retail coverage tagged Madrid. Topic labels describe recorded classifications and can include broad context.

UNDERSTAND THE LANDSCAPE

Retail in Madrid: key questions

Clear definitions for making better comparisons.

What does this landscape measure?

It measures the tracked company ecosystem, recorded funding, hiring and other available evidence. It is not a market-size estimate.

Can segment counts be added together?

No. A company can belong to several segments, so segment counts and funding can overlap.

What does a missing figure mean?

A dash or unavailable panel means the current reviewed source snapshot does not support that figure.

KEEP EXPLORING

Put Madrid in context

All landscapes ↗

Company ecosystem snapshot: 3 September 2026. Funding is recorded in USD; filed accounts retain their stated currency and reporting basis. Each section identifies its own coverage. The news and research behind these sections is explorable in Prism.

Canonical landscape ↗
Coming soon