I
IESE Business Angels Network
IESE Business Angels Network is the angel investor network of IESE Business School, founded in 2003 and run from Barcelona and Madrid. It connects entrepreneurs raising seed and early-stage capital with a community of investors, mostly IESE alumni and family office professionals, who invest individually or through co-investment clubs, mainly in Spain and Europe. The network is sector-agnostic but excludes real estate, and it has been particularly active in healthcare, logistics and technology. It has helped finance more than 450 start-ups with over €58M invested; companies it has backed include BuyVIP (acquired by Amazon), Privalia, Habitissimo, Cuideo, BeChester, Temos AI, Modelia and Depencare.
SectorsGeneralist, Healthcare, Logistics, Technology, Fintech
VC MapAngel networks
Team
Laura Caballero
Associate Director, Entrepreneurship and Innovation Center
Portfolio companies 16
Open 15 as list → On map →
IIqana
entered at Pre-seed, 2025
WWinahost
entered at Pre-seed, 2023
GGloop
entered at Pre-seed (estimated), 2023
DDomma
entered at Pre-seed (estimated), 2023
R
Run to Wear
entered at Pre-seed (estimated), 2022
GGreat Little People
entered at Seed (estimated), 2022
IIxorigue
entered at Seed, 2021
DDIVE Medical
entered at Seed, 2021
DDinbeat
entered at Seed (estimated), 2020
C
Citibeats
entered at Seed, 2019
AAgora Awards
entered at Seed, 2018
WWatchity
entered at Seed (estimated), 2017
CCocunat
entered at Seed, 2014
M
Mettis AI
per company site
SSwipcar
per company site
Exited or sunsetted (1)
G
Going Green
per company site
Funding rounds 13
Open as list →| Date | Company | Round | Amount | Lead |
|---|---|---|---|---|
| 2025-05-22 | Iqana | Pre-seed | €550K |
Heartfelt Capital
+2 more
|
| 2023-10-02 | Winahost | Pre-seed | €475K incl. debt: equity and debt, the split was not disclosed |
Lead not disclosed
+5 more
|
| 2023-03-30 | Gloop | Pre-seed (estimated) | €400K |
Decelera Ventures
+8 more
|
| 2023-01-26 | Domma | Pre-seed (estimated) | €450K |
Secways
+2 more
|
| 2022-12-22 | Run to Wear | Pre-seed (estimated) | €320K |
Core Angels
+4 more
|
| 2022-04-07 | Great Little People | Seed (estimated) | €500K |
Lead not disclosed
+3 more
|
| 2021-09-07 | Ixorigue | Seed | €1M |
Finaves
+11 more
|
| 2021-01-15 | DIVE Medical | Seed | €300K |
BStartup Health (Banco Sabadell)
+6 more
|
| 2020-06-03 | Dinbeat | Seed (estimated) | €500K |
Lead unknown
+3 more
|
| 2019-12-11 | Citibeats | Seed | €1.4M |
Lead not disclosed
+6 more
|
| 2018-07-17 | Agora Awards | Seed | €2.05M |
Lead unknown
+8 more
|
| 2017-06 | Watchity | Seed (estimated) | €500K |
Sputnik Capital
+3 more
|
| 2014-11-25 | Cocunat | Seed | €300K |
Cabiedes & Partners
+1 more
|
Often invests with 15
Open as list →News 3
Open as list →| Published | Article |
|---|---|
| 2026-04-30 |
Business angel investment in deals of up to €5 million increased by 16.3% in Spain in 2025 ↗
Capital-Riesgo.es
2026-04-30 |
| 2025-05-19 |
Spain's business angels signal cautious optimism for 2025 ↗
IESE Entrepreneurship Blog
2025-05-19 |
| 2024-04-29 |
Business angels in Spain invest cautiously in 2023, according to IESE and AEBAN annual report ↗
IESE Entrepreneurship Blog
2024-04-29 |