
Nauta leads $1.6m funding round for Holded
VC house Nauta Capital has led a $1.6m funding round for Barcelona-based management software provider Holded.
The company will use the fresh capital to improve and speed up its product development, and bolster its internationalisation and expansion into new markets.
The GP is deploying capital from its Nauta IV fund, which held a final close at the beginning of 2017 on €155m, exceeding its target. The fund mainly invests in European companies and occasionally in US businesses that specialise in data analytics, business intelligence, cybersecurity and marketing technology. The vehicle deploys equity tickets between €1-3m and plans to invest in approximately 25 companies in total, having already backed 12 businesses, Unquote understands.
Previous funding
Holded's initial funding was provided by business angels and private investors.
Company
Based in Barcelona and founded in 2016, Holded has developed an ERP (enterprise resource planning) software for small companies that allows business owners to handle their accounting, billing, client management, project management and inventory from one single platform.
The Spanish company also offers multiple integrations able to automate different transactions, including payments and bank statement reconciliation, and to synchronise sales data with e-commerce platforms such as Amazon, Shopify or Prestashop. Since launching the first version of its platform, Holded has acquired 10,000 users. The company employs 20 staff.
People
Nauta Capital – Jordi Viñas (partner).
Holded – Bernat Ripoll, Javi Fondevila (co-founders, co-CEOs).
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