Top Spanish Startups That Made Progress in 2024

Did you know Spain raised a staggering amount of €2.4 billion for more than 345 tech startup deals in last few years? Yes, that is right! Silicon Valley needs to watch out because the Spanish startup scene is on the rise.

Madrid and Barcelona are becoming major hubs for developers and business enthusiasts to build their startup companies. This is thanks to the hundreds of capital firms and startup accelerators that provide support to startup companies and help them get off the ground. 

These initiatives have attracted a large number of foreign talent to Spain. This is aided by the digital nomad visas, which allow visitors to stay in Spain while working remotely. For Spanish businesses having branches in the U.S., finding the dependable internet is not a big deal. 

There are many solutions, including Optimum. It not only gives you high-speed connectivity but also offers Optimum servicio al cliente en español to meet the needs of Latinos and make them feel supported and connected wherever their busniness takes them. 

So, while the entrepreneurial spirit is on the rise in Spain, here is a list of the top Spanish startups that business and startup enthusiasts need to look for in 2024. Dig in!

  • Sea Saffron

Spain’s reputation as a tourist hub is well-known. Sea Saffron is a guided tour company that is focused on the city of Valencia. Their main aim is to create unforgettable memories in the most symbolic spots around the city. 

With the local host and first-class treatment, both local people and foreign tourists can expect to see the best that Valencia has to offer.  Sea Saffron has provided guided tours to thousands of visitors over the period of 3 years. Moreover, TripAdvisor has rated it as the number one activity in Valencia, thanks to the positive reviews by its customers. 

  • Bankflip

Bankflip is a financial assistance startup working in the Fintech market. With its headquarters in Barcelona, this platform helps financial institutions to gain access to their customer’s financial information. This information includes their employment, income, and debt.

Well, Bankflip works in three easy steps. First, the customer consents to the access of their data. Secondly, they select their preferred login method and confirm the operation to retrieve their fiscal data. Lastly, the data is securely retrieved and a copy is sent to the customer. 

Founded in 2020, Bankflip continues to dominate the Spanish startup market. It also raised a total of 2.6 Million Euros in its most recent years. 

  • IGNIS

IGNIS is a technology company working with the aim of building green energy and solutions for protecting our planet. They are doing important work to create renewable energy sources. They also aim to make technological advancements eco-friendly. 

As the global conversation around the environment gains more popularity, platforms like IGNIS provide valuable resources for a greener future. Furthermore, IGNIS raised €335 last year. 

  • YABA

YABA is Barcelona based platform that acquires and manages online enterprises and E-commerce brands. In its first year alone, it acquired 12 companies that sell on Amazon on other marketplaces. It aims to aid their growth and efficiency in the pitiless world of e-commerce. 

 

Founded in 2020, YABA has quickly become an important asset in the world of e-commerce. Not a long ago, this platform raised $85 million in a funding round. This financing included many international funds, marking it as an essential platform to lookout for. 

  • Payflow

Payflow is a payroll service management software that allows companies to manage their employee’s salary. It is a ground-breaking shift away from the traditional spreadsheets or checklists. Well, to tell you more about it, Payflow also features a portal where the employee’s tasks and financial data can be securely collected.  

Other than that, employees can easily view their tasks and access the money they have earned for that month. Payflow also offers service tracking to ensure the transparency of their work.

  • Cabify

Cabify is a transportation company that provides ride-hailing services. These services are spread out across various cities globally. Cabify allows customers to book rides from professional drivers with a focus on safety, high quality, and transparent prices.

 

However, Cabify operates through a user-friendly mobile phone application. This app features a safety button, ride tracking, and a customer support chat button. It has expanded to include a business and logistics branch. 

You wanna know more? Well, Cabify Business offers rides for business clients and employees, while Cabify Logistics offers storage and distribution services for companies. Isn’t it amazing? This is a must-have app for an amazing startup. 

Wrapping up

Spanish startups are on the rise! Companies like Sea Saffron, Bankflip, and IGNIS are leading the way in tourism, finance, and green tech. These startups have not only made waves in Spain but also attracted international attention and investment. So, keep an eye on these innovative companies as they continue to shape the future.