25/09/2018
Press release

STRATIO SECURES A €13 MILLION SERIES B ROUND LED BY ADARA BRINGING NEW INVESTOR GP BULLHOUND.

Today Stratio has announced the closing of a €13m Series B round led by Adara Ventures with the participation of new investor GP Bullhound. The funds raised will go toward the continued evolution of the Stratio Big Data product suite while accelerating the growth of their software subscription business internationally. 

Stratio CEO, Oscar Mendez, said: “Stratio’s growth in recent years has been on an exciting trajectory. This investment will enable us to continue to evolve our product roadmap and international footprint on the journey to reinventing companies around their most valuable asset – their data. We are delighted to continue to work with Adara Ventures and have built a fruitful relationship with GP Bullhound for the past few years. We look forward to working together with them on our international expansion and growth strategy.” 

Stratio is the largest Big Data and Artificial Intelligence software company in Europe. Since its launch in 2014, it has developed a datacentric super platform, which enables customers to place data in the centre of their operations, obtaining the maximum value of this new gold. The innovative aspects of its product have allowed Stratio to acquire flagship customers in the banking, insurance, retail, media, and utilities industries such as BBVA, Banco Santander, Mutua Madrileña, Bupa Group, Carrefour, El Corte Ingles, Mediaset, or Red Electrica. In only four years, Stratio has been able to grow its revenues up to 20M€ this year, and has commercial offices in Madrid, Silicon Valley, Sao Paolo, Bogota, and Vancouver. 

Joakim Dal, Partner at GP Bullhound, commented: “Oscar, Ernesto, Román and Jose Manuel have built a platform that makes your company work like a digitally native entity. Stratio makes next generation technologies usable for IT heavy enterprises like banks or insurance companies with added security, governance and support at a fraction of the cost of doing it themselves. We see significant opportunities for growth ahead for Stratio.” 

“Stratio has matured into a key player in the Big Data Infrastructure landscape and we are delighted to back the team again in this next phase of their growth and evolution” added Alberto Gómez, Managing Partner at Adara Ventures.

Stratio is a leading Big Data and Artificial Intelligence software company, helping customers with their Digital Transformation by placing their data in the centre of their operations. From data intelligence to corporate culture, Stratio’s goal is to help the biggest sectors face the myriad of challenges and seize the opportunities that the digital revolution offers. The company has offices in Silicon Valley, Madrid, Sao Paolo, Bogota, and Vancouver. For more information please visit www.stratio.com

GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.

GP Bullhound Asset Management is the firm’s independent investment arm. It currently manages four funds, investing in high-potential and fast growing technology businesses, from early stage to pre-IPO.

Adara Ventures is a venture capital firm managing over €100 million in capital, investing in the European Atlantic rim (Spain, Portugal, UK, & Ireland principally) in early-stage, Deep-Tech companies, with a particular focus on Cybersecurity, Big Data, AI, and other Digital Enterprise areas. 

Related News: Adara invierte en Stratio (2014)

Nuevos informes: Impacto Económico y Social de las Inversiones de VC (2005-2013) (ICO) /  Informe de Impacto Económico y Social del Capital Privado en las operaciones de Middle Market en España. 2018 (ASCRI). Análisis de las inversiones entre €10 y 100M (2005-2012, evolución hasta 2015) / Informe de Impacto Económico y Social de los préstamos otorgados por Enisa (2005-2013, evolución hasta 2015) / El Capital riesgo Informal en España 2018. Actividad de Business Angels (BA), Aceleradoras, Equity Crowdfunding, M4E /

Otros informes: Madurez del Venture Capital en España. 2017 (Also in english). La Financiación de startups de Energía en España. 2016. El tiempo de las desinversiones en Private Equity en España. 2015 (Also in english).