Polaroo

polaroo.com ↗ ·Barcelona ·Seed

Polaroo is a Spanish software company that centralizes, automates and optimizes the management of recurring utility and supplier services — electricity, gas, water, telecom, internet, insurance and alarms — for asset-heavy businesses such as coliving operators, vacation-rental managers, hospitality and retail chains. The platform digitizes invoices from 130+ providers, benchmarks and renegotiates contracts using AI agents, and pairs the software with dedicated account managers, claiming up to 40% cost savings; clients include Glovo, Badi, Numa and Olala. Founded in 2017 in Barcelona (originally as Widuid) by the Rovira brothers and Sergio Sánchez, it started as a consumer household-bills app and pivoted to B2B property/asset operators.

Founded

2017

Founders

Total funds raised

€1.5M

SectorsProptech, Utility & Energy Management, SaaS, AI, Fintech Start-up MapProptech & Construction › Rental & property management software

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Founders

David Rovira

Co-Founder & Co-CEO

Marc Rovira Salvadó

Co-Founder & Co-CEO

Sergio Sánchez

Co-Founder & CTO

Global models 3

Arcadia

United States · www.arcadia.com ↗

Collects and digitises utility bills and data from thousands of providers, and sells the resulting bill-management and cost-optimisation software to businesses with many sites.

$375MComparable

Papernest

France · www.papernest.com ↗

Centralises and manages recurring energy, telecom, internet and insurance contracts. It earns money by switching and renegotiating those contracts, which is Polaroo's model, although Papernest serves mainly households rather than businesses.

$200MComparable

Urjanet

United States · urjanet.com ↗

Automatically pulled and standardised utility invoices from thousands of providers so that businesses with many locations could manage and cut their utility spend; Arcadia acquired it in 2022.

$50MComparable