Scytl

scytl.com ↗ ·Barcelona ·Series C

Scytl is a Barcelona-founded election technology company that builds secure online voting, election management, results consolidation and eGovernance platforms for governments, electoral authorities and private organisations, backed by a large cryptography patent portfolio. Founded in 2001 as a spin-off of cryptography research at the Autonomous University of Barcelona, it raised over $100M from international VCs and ran electoral events in more than 30 countries. Scytl is no longer an independent startup — it filed for bankruptcy in Spain in 2020 with debts above €75M, was bought by Paragon Group's Service Point Solutions, and was acquired again in June 2024 by Comitia (Grupo MSA, Buenos Aires); the Spanish entity is Scytl Election Technologies SL.

Founded
2001
Founders
2
Total funds raised
€119M
Rounds
4
Investors
8
Last round
Feb 2017
SectorsGovtech, Election Technology, Enterprise Software, Cybersecurity, Cryptography Start-up MapEnterprise Software › Compliance & audit tech

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Founders

Andreu Riera
Co-founder (deceased 2006)
Carles Rovira
Co-founder

Global models 3

Voatz
United States · voatz.com ↗
VC-backed secure mobile and online voting platform sold to election authorities and private organisations, the same model as Scytl's core online-voting business.
~$11MComparable
Clear Ballot
United States · clearballot.com ↗
Venture-backed election technology vendor selling voting, tabulation and results-reporting systems to government electoral authorities, matching Scytl's election-management and results-consolidation lines.
~$10MComparable
Votem
United States · votem.com ↗
Venture-funded online and mobile voting software licensed to governments and organisations for secure, verifiable elections, the same model as Scytl.
~$5MComparable

In the same niche 16 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 8

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Nauta Capital
www.nautacapital.com
3 rounds, led 1 · 2007–17 Spain
Balderton Capital
www.balderton.com
2 rounds, led 1 · 2010–17 United Kingdom
Vulcan Capital
2 rounds, led 1 · 2014–17 United States
Adams Street Partners
2 rounds · 2014–17 United States
Industry Ventures
2 rounds · 2014–17 United States
Sapphire Ventures
2 rounds · 2014–17 United States
Vy Capital
2 rounds · 2014–17 United Arab Emirates
Spinnaker Invest
Series C 2017 Spain

Funding rounds 4

DateRoundAmountLead

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