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Grupo ItNet

Investor type Venture Capital
Founders Carlos Blanco


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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 20
Average round size
The average size of a deal this fund participated in
Portfolio companies 19
Rounds per year 0.74
Lead investments 4
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 2
Key employees Soon
Stages of investment
Early Stage Venture

Areas of investment

  • Internet
  • E-Commerce
  • Enterprise Software
  • Real Estate
  • Information Technology

Grupo ItNet is the famous VC, which was founded in 1996. The fund was located in Europe if to be more exact in Spain. The main office of represented VC is situated in the Barcelona.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Grupo ItNet, startups are often financed by SeedRocket, Carlos Blanco, Sitka Capital. The meaningful sponsors for the fund in investment in the same round are SeedRocket, Franu00e7ois Derbaix, Cabiedes & Partners. In the next rounds fund is usually obtained by Cabiedes & Partners, Wayra, Partech.

The fund was created by Carlos Blanco.

The fund is constantly included in less than 2 investment rounds annually. The common things for fund are deals in the range of 100 thousands - 1 million dollars. This Grupo ItNet works on 24 percentage points less the average amount of lead investments comparing to the other organizations. Speaking about the real fund results, this VC is 6 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2008.

Besides, a startup needs to be aged 1 and less years to get the investment from the fund. We can highlight the next thriving fund investment areas, such as Internet, E-Commerce. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the location of its establishment and the land of its numerous investments - Spain. Among the various public portfolio startups of the fund, we may underline Deporvillage, Kantox,

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Related Funds

Funds investing in previous rounds
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Typical Co-investors
Grupo ItNet is more likely to invest in rounds together with the following funds:
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Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Grupo ItNet:
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


Real Estate
01 Sep 2015 Barcelona, Catalonia, Spain


Social Media
$118K05 Jun 2015 Spain, Valencian Community


$424K07 May 2014 Spain, Community of Madrid

Customer Service
Legal Tech
Professional Services
$118K26 Mar 2013 Spain, Community of Madrid


Artificial Intelligence
Machine Learning
$118K25 Oct 2012 Barcelona, Catalonia, Spain


Enterprise Software
Financial Services
$1M03 Sep 2012 England


Sporting Goods
$590K08 Mar 2012 Barcelona, Catalonia, Spain

Information Technology
27 May 2011 Zaragoza, Aragon, Spain


$123K25 May 2011 Barcelona, Catalonia, Spain


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