Closed in 2023.
Ritmo no longer appears in the directory or on the maps; its funding history is kept below.
Source ↗
Ritmo (Ritmo Capital SL) was a Madrid-based fintech offering 'capital-as-a-service' for e-commerce and marketplace sellers: non-dilutive revenue-based working capital, cross-border payments and analytics tools across Europe and LATAM. Founded in late 2020, it raised a €13.8M seed in July 2021 led by JME Ventures and a $200M debt facility in April 2022 led by i80 Group and Avellinia Capital (~$225M total debt+equity in its first year). The company is defunct — it emailed customers in December 2023 announcing it was ceasing operations in Spain, and Ritmo Capital SL is in liquidation.
SectorsFintech, Embedded finance, E-commerce financing, Payments, Revenue-based financing
Founders
I
Iván Peña Uribe
Co-founder & Head of Capital Markets
I
Iñaki Mediavilla
Co-founder & Chief Product Officer
P
Prageet Sharma
Co-founder & CFO
R
Raimundo Burguera
Co-founder & CEO
Global models
No comparables on record yet.
In the same niche 12 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 9
Open as list →
JJME Ventures
www.jme.vc
IInveready
inveready.com
SSabadell Venture Capital
www.bancsabadell.com
BBynd Venture Capital
byndvc.com
WWayra
www.wayra.com
AAvellinia Capital
Ii80 Group
A
Alfredo Soriano
B
Bruno del Ama
Funding rounds 3
| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-04-08 | Venture Debt | $200M | i80 Group, Avellinia Capital |
| 2021-07-28 | Seed | €13.8M |
JME Ventures
+4 more
|
| 2021-04-07 | Seed (estimated) | €3M incl. debt: equity and debt, the split was not disclosed |
Sabadell Venture Capital, Inveready, JME Ventures
+2 more
|
News 1
Open as list →| Published | Article |
|---|---|
| 2023-12-29 |
La startup Ritmo anuncia el cese de operaciones en España mediante un email a sus clientes ↗
Marketing4eCommerce
2023-12-29 |