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Spanish Fintech Embat Raises €5 Million To Launch New Features And Accelerate Its Expansion

Jun 26, 2023over 2 years ago

Amount Raised

€5 Million

Madrid

Investors

Venture Friends4 FoundersSamaipata

Description

Embat is uncomplicating financial planning and treasury management for businesses. Founded by Antonio Berga and Carlos Serrano, who are ex J.P. Morgan executives, the platform is built with the digitising of the entire accounting and financial planning process for businesses, in mind

Company Information

Company

Embat

Location

Madrid, Community Of Madrid, Spain

About

Embat has a state-of-the-art product and a top-notch team, and therefore we believe they are very well positioned to become the leaders in their sector,” says José del Barrio, Founding Partner of Samaipata.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers