Sqrups

www.sqrups.es ↗ ·Madrid ·Other

Sqrups is a Spanish chain of urban outlet supermarkets founded in 2014 in Madrid that buys and resells branded consumer goods sourced from manufacturing surpluses, short-dated stock, packaging changes, clearances and insurance salvage, at discounts of roughly 50-80%. It operates a mixed franchise/own-store model with more than 120-140 stores across Spain, 350+ employees and revenue of ~€29.5M in 2025 (+34% YoY), positioning itself around circular-economy and social-inclusion impact. It is not a classic venture-backed startup: its main institutional backer is impact fund manager Global Social Impact Investments, which took a minority stake (~40%) with ~€3M committed from 2022 plus a €1.5M reinvestment; earlier capital came via an equity crowdfunding round on Fellow Funders.

Founded

2014

Founders

Total funds raised

€3M

SectorsRetail, Consumer Goods, Discount / Outlet Retail, Circular Economy, Franchising, Impact Start-up MapConsumer › Consumer services & venues

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Founders

Iñaki Espinosa

Founder & President

Raúl Espinosa Sánchez

Co-founder & CEO

Global models 4

Misfits Market

United States · www.misfitsmarket.com ↗

Buys surplus, short-dated and off-spec branded groceries from producers at a discount and resells them to consumers well below retail prices, online rather than in stores.

$526MComparable

Imperfect Foods

United States · www.imperfectfoods.com ↗

Sourced manufacturer surplus, packaging-change and short-dated groceries and resold them at discount as an anti-waste grocer (merged into Misfits Market).

$230MComparable

Otrium

Netherlands · www.otrium.com ↗

Resells branded overstock and past-season stock at deep discounts, applying the surplus-branded-goods model to fashion through an online outlet.

$215MComparable

Motatos

Sweden · www.motatos.com ↗

Buys branded food and household surplus (short dates, packaging changes, overproduction) from manufacturers and resells it at 30-90% off, online rather than in shops.

$60MComparable

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No stage disclosed · €9.4M

Wifit Gyms

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Notes: Most funded first

Investors 2

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Global Social Impact Investments

globalsocialimpact.es

Led 2 rounds · 2022–24 Spain

Fellow Funders

www.fellowfunders.es

Investor Spain

Funding rounds 2

Date	Round	Amount	Lead
2024-07-15	No stage disclosed	€1.5M	Global Social Impact
2022-09-14	No stage disclosed	€1.5M	Global Social Impact Investments

News 7

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Published	Article
2026-07-14	Sqrups supera las 140 tiendas en España después de inaugurar 22 en el primer semestre ↗ Food Retail & Shoppers 2026-07-14
2026-03-24	Los supermercados 'outlet' Sqrups disparan un 34% sus ventas en 2025 y alcanza las 120 tiendas en España ↗ Forbes España 2026-03-24
2026-02-24	Forget Ikea and Primark: Lesser-known low-cost chains are winning in Spain ↗ Euro Weekly News 2026-02-24
2025-11-07	Transgourmet Invests €85m In Expansion, Sqrups Targets 1,000 Stores ↗ ESM – European Supermarket Magazine 2025-11-07
2025-03-24	Sqrups adquiere las tiendas de la cadena Domti y refuerza su presencia en la Comunidad Valenciana y Murcia ↗ Forbes España 2025-03-24
2025-03-18	Sqrups creció un 45% en 2024, hasta los 21,7 M€ de facturación ↗ Alimarket 2025-03-18
2024-07-11	Sqrups! abre 17 nuevos 'outlet' hasta junio y prevé cerrar el año con más de 100 tiendas ↗ idealista/news 2024-07-11