• Founded in 2018 by Carlos Estevez Rincon, Guillermo Mateo, and Nacho Tejero Mancho Webel builds an app where clients can search, book, compare, pay, and review home services. Webel offers a SaaS tool (e.g., Calendar, notifications, automated invoice) to manage their services and an algorithm that would compare the professional’s repetition with its peers and reward the most loyal suppliers with higher visibility and a lower commission. 
• The startup claims, on average, each customer books 8 services a year, which resulted in +75% of their GMV coming from repeat customers. Webel also shares that it has witnessed a 23% monthly growth for 13 consecutive months.
• The fresh round was led by Trind Ventures, a seed-stage venture fund focusing on European software startups with a consumer or community component. Its entry tickets are between €100,000 to €1 million and follow-on investments up to 5 million.
• The fund is headquartered in Tallinn with the team also in Helsinki and Munich. The investment in Webel is its fourth investment by Fund II and the second investment in Spain. Munich-based Tiburon, business angels like Hugo Arevalo, founder of ThePowerMBA, and investor in Glovo and Playtomic also participated.
• Webel will spend the investment to scale its business model and continue to develop Webel’s app for home services.  

1. Glovo

Founded: In 2015 by Oscar Pierre and Sacha Michaud

Valuation: €1.00 billion

Glovo is a courier service that purchases, picks up, and delivers products ordered through its mobile app within your city at any time of day. Glovo connects users, businesses, and couriers to make that possible. It is the fastest-growing delivery player in Europe, Western Asia, and Africa. To date, they deliver over 100 million annual orders and operate in 19 countries, and in more than 250 cities.

2. Cabify

Founded: In 2011 by Juan de Antonio

Valuation: €1.27 billion

Cabify is a ride-sharing company that connects private users and companies with the means of transport that best suit their needs. The company operates in Latin America, Spain, and Portugal. Cabify adapts to the particularities of the almost 100 cities in which it operates.

3. LetGo

Founded: In 2015 by Alec Oxenford, Jordi Castello, and Enrique Linares

Valuation: €1.36 billion

LetGo Letgo is a second-hand shopping app and the biggest and fastest-growing app to buy and sell locally. With innovative features like video listings and LetGo Reveal, the free app makes it easy to list what you don’t need and find great deals nearby on anything you do.

4. TravelPerk

Founded: In 2015 by Avi Meir, Javier Suarez, and Ron Levin

Valuation: €233-€349 million

TravelPerk is a next-generation business travel platform. TravelPerk`s all-in-one platform gives travelers the freedom they want while giving companies the control they need. The result is savings of time, money, and hassle for everyone. TravelPerk has the world’s largest range of travel, along with powerful management features, 24-hour customer support, state-of-the-art technology, and consumer design that allows companies around the world to get the most out of their travels.

5. Spotahome

Founded: In 2014 by Alejandro Artacho, Bruno Bianchi, Bryan McEire and Hugo Monteiro

Valuation: €145-€218 million

 Spotahome is an online booking platform, offering an exhaustive list of apartments, rooms, studios, and student residences for stays above 30 days. The Spotahome experience removes the need for in-person viewings, saving both tenants and landlords the time and expense.

6. Typeform

Founded: In 2012 by David Okuniev and Robert Muñoz

Valuation: €127-€191 million

Typeform is an online software service (SaaS) that specializes in creating online forms and online surveys. Basic software creates dynamic forms based on user needs. Typeform software was used by Apple Inc., Airbnb, Uber, and Nike. Typeform produces millions of forms each month.