10 Startups To Watch In Madrid, Spain

Madrid, the bustling capital of Spain is not just a centre for culture and history, but also a rising startup hub.

In fact, according to Startup Heatmap, Madrid comes 5th in Europe when it comes to the availability of talent.

 

Is Madrid A Good Place To Start A Business?

 

Madrid is one of Spain’s 2 biggest startup hubs and is a great place to start a business. Firstly, its location means it’s in the perfect position for companies looking to expand in either Europe, The Middle East or North Africa.

Not only that, but given its Spanish speaking population, it can also be a great base for those looking to do business in South and Central America.

Additionally, the city’s buzzing culture, good weather and entrepreneur visa options make it both a good place to live and one that is viable for starting a successful business.

Here, we take a look at the companies solidifying Madrid as a startup hub. Let’s dive in…

 

1. Cuyna – Dark Kitchen Network

 

 

Cuyna is helping more businesses expand their food delivery services with its dark kitchens.

Designed to cook, package and ship recipes from popular restaurants, it allows businesses to expand their brand without having to lift a finger.

Once a restaurant has signed onto the platform, Cuyna connects with delivery platforms – ensuring more optimised take out options without compromising on taste.

 

2. Lingokids – Play-Based Learning

 

Lingokids is an edtech startup that helps children learn through games. With interactive games, videos, and activities, it gives children a playful and effective way to learn languages, math, science and more.

With over 1,600 activities on the platform, the company is helping more children learn through the art of play.

 

3. Sunndio – AI-Powered Physio

 

Sunndio is a startup helping people access online physiotherapy whenever they need it.

Powered by AI, the platform provides users with unique exercises and assistance to ensure they aren’t causing any further damage.

With instant diagnostics and personalised treatment, the company is helping speed up muscle recovery for those that need it.

 

4. Fuell – Expense Management

 

 

Fuell is an expense management software and corporate card that allows businesses to keep track of expenses.

By integrating smart cards with business expense software, it helps companies reduce admin and improve their financial processes. Not only that, it allows business leaders to see which expenses are costing the business the most money, allowing them to streamline where needed.

 

 

5. Bnext – Online Banking Platform

 

Bnext is an online banking platform that gives its customers more flexible options than traditional banks.

With a range of products including money protection, crypto exchange and international payments, the company is making it easier for people in Spain to manage their money.

 

6. Clevergy – Energy Management

 

 

Clevergy is a company that is helping people manage and streamline their home energy usage in a clear way. Companies are able to look at customer data and provide personalised recommendations to help them save money.

This information can be offered as a perk, helping businesses retain and build trust with their customer base.

 

7. Spotahome – Mid to Long-Term Rentals

 

 

Spotahome is a platform that makes the process of finding mid to long-term rentals easier in cities across Europe. With over 110,000 properties listed, the company works with a network of local agents to help people outside of the city find the best option for them.

This not only provides local insight, but ensures that renters are getting the best and most reliable rentals.

 

8. Hoop Carpool – Sustainable Carpooling App

 

 

Hoop Carpool is helping tackling urban congestion in Madrid through its carpooling app.

By connecting drivers with empty seats to passengers looking for a ride, Hoop is giving city dwellers more sustainable transport options. With community and sustainability at its core, Hoop is making cities all over Spain more green.

 

9. Watson – Online Ordering

 

 

Watson is a B2B platform that allows restaurants to build and develop their own online ordering systems. Given companies like Deliveroo take a cut of orders, Watson is helping businesses bypass these platforms and do it themselves.

With an easy-to-build system and data insights included, the company is helping restaurant businesses expand their operations.

 

10. Praefy – Real Estate Software

 

 

Praefy is a data-driven platform designed with real estate agents in mind.

By allowing them to upload, manage and engage with customers more easily, Praefy is allowing agents to offer more streamlined operations.