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Bankinter

Europe, Madrid, Spain, Madrid

Description

Bankinter, a prominent Spanish commercial bank, extends its financial services into the venture capital landscape through its dedicated arm, Bankinter Capital Riesgo. This division focuses on identifying and investing in innovative companies that demonstrate high growth potential and robust business models. Unlike early-stage or seed investors, Bankinter Capital Riesgo primarily targets growth-stage companies, typically participating in Series A, B, and C funding rounds. Their strategic approach is to support businesses that are already demonstrating traction and are poised for significant scaling, often leveraging their deep market insights and extensive network within the financial sector.

The investment thesis of Bankinter Capital Riesgo is centered on disruptive technologies and business models across several key sectors. These include, but are not limited to, Fintech, Insurtech, Proptech, Healthtech, and Cleantech, alongside other areas undergoing significant digital transformation. They seek companies with strong, experienced management teams and clear competitive advantages that can sustain long-term growth. Bankinter's typical direct investment ticket for these companies ranges between €1 million and €5 million, reflecting their commitment to substantial capital injections that can fuel significant expansion. This makes their typical minimum check size around $1.08 million and maximum around $5.4 million, based on current exchange rates.

Bankinter Capital Riesgo not only makes direct investments but also actively manages venture capital funds for third-party investors, further solidifying its position in the European VC ecosystem. The firm has allocated approximately €200 million specifically for direct investments in promising startups, underscoring its significant financial commitment to fostering innovation. Their involvement often extends beyond capital, offering strategic guidance and access to Bankinter's vast corporate resources, which can be invaluable for portfolio companies navigating complex market landscapes. This comprehensive approach positions Bankinter as a strategic partner for growth-stage companies looking to scale within their target industries.

Investor Profile

Bankinter has backed more than 60 startups, with 4 new investments in the last 12 months alone. The firm has led 7 rounds, about 12% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Spain, United States, The Netherlands.
  • Strong thematic focus on Software, FinTech, SaaS.
  • Typical check size: $1.1M – $5.4M.

Stage Focus

  • Seed (52%)
  • Series A (15%)
  • Series Unknown (13%)
  • Pre Seed (7%)
  • Series B (5%)
  • Debt Financing (5%)
  • Series D (2%)
  • Angel (2%)

Country Focus

  • Spain (92%)
  • United States (5%)
  • The Netherlands (2%)

Industry Focus

  • Software
  • Fintech
  • Saas
  • Apps
  • E-commerce
  • Internet
  • Financial Services
  • Information Technology
  • Travel
  • Customer Service
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Bankinter frequently co-invest with?

JME Ventures
Europe, Madrid, Spain, Madrid
Co-Investments: 6
Cabiedes & Partners
Europe, Madrid, Spain, Madrid
Co-Investments: 4
Encomenda VC
Europe, Catalonia, Spain, Barcelona
Co-Investments: 5
Nauta Capital
Europe, England, United Kingdom, London
Co-Investments: 4
Adara Ventures
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 4
Big Sur Ventures
Europe, Madrid, Spain, Madrid
Co-Investments: 13
Wayra
Europe, Madrid, Spain, Madrid
Co-Investments: 5
Kibo Ventures
Europe, Madrid, Spain, Madrid
Co-Investments: 5
K Fund
Europe, Madrid, Spain, Madrid
Co-Investments: 4
Inveready
Europe, Catalonia, Spain, Barcelona
Co-Investments: 7

Which angels does Bankinter often collaborate with?

CD
North America, United States
Shared Deals: 2
IM
Europe, Comunidad Valenciana, Spain, Valencia
Shared Deals: 2
JL
Europe, Catalonia, Spain
Shared Deals: 1
CV
North America, California, United States, San Francisco
Shared Deals: 1
VR
North America, Massachusetts, United States, Boston
Shared Deals: 1
AP
North America, Florida, United States, Miami
Shared Deals: 1
EG
Europe, Catalonia, Spain, Sant Cugat Del Vallès
Shared Deals: 1
CB
Europe, Catalonia, Spain, Barcelona
Shared Deals: 3
YA
Europe, Madrid, Spain, Madrid
Shared Deals: 1
FD
Europe, Madrid, Spain, Madrid
Shared Deals: 2

What are some of recent deals done by Bankinter?

WEECOVER

Barcelona, Catalonia, Spain

Weecover facilitates online and digital insurance on-boarding processes for Companies, Customers and Distribution partners.

Digital MediaFinancial ServicesFinTechInsuranceInsurTech
Series UnknownJan 23, 2025
Amount Raised: $4,372,950
JOTELULU

Madrid, Madrid, Spain

Jotelulu is a cloud platform that transforms small IT companies into cloud service providers.

Cloud ComputingIaaSInformation TechnologyPaaSSaaSTelecommunications
Series UnknownDec 2, 2024
Amount Raised: $7,140,697
BNZ energy

Barcelona, Catalonia, Spain

BNZ, an independent power producer (IPP), plans, installs, and runs solar photovoltaic projects.

Renewable EnergySolar
Debt FinancingOct 15, 2024
Amount Raised: $740,070,807
MiResi

Madrid, Madrid, Spain

Find the best caring homes for their elderly in Spain.

Assisted LivingHealth CareRetirement
Series ASep 10, 2024
Amount Raised: $3,195,895
GrowersGo

Huelva, Andalucia, Spain

GrowersGo is an app that teaches people to care for veggies, fruits, and plants while playing and building critical skills and habits.

AppsEducationMobile Apps
SeedMay 14, 2024
Amount Raised: $324,417
Zinkee

Seville, Andalucia, Spain

Zinkee is a platform where companies can create business applications.

AppsComputerSoftware
SeedJan 10, 2024
Amount Raised: $2,085,082
Frenetic

Madrid, Madrid, Spain

Digital platform for the simulation, design and production of high-frequency magnetic components for Power Electronics

ElectronicsSoftware
Series ANov 7, 2023
Amount Raised: $11,980,250
Qualitas Energy

Madrid, Madrid, Spain

Qualitas Energy is an infrastructure company. The company intends to make investments in the renewable energy sector.

Energy ManagementFinancial ServicesRenewable Energy
Debt FinancingSep 5, 2023
Amount Raised: $300,290,316
Cooltra

Barcelona, Catalonia, Spain

Cooltra Group is the leading company in sustainable mobility solutions on two wheels in Europe

Last Mile TransportationRentalRide SharingService IndustrySharing EconomyTransportation
Debt FinancingJul 24, 2023
Amount Raised: $24,338,679
JOTELULU

Madrid, Madrid, Spain

Jotelulu is a cloud platform that transforms small IT companies into cloud service providers.

Cloud ComputingIaaSInformation TechnologyPaaSSaaSTelecommunications
Series AMay 22, 2023
Amount Raised: $4,324,324