
All Iron, Alma Mundi, FJ in $21m series-B for Jeff
All Iron Ventures, Alma Mundi Ventures and FJ Labs have led a $21m series-B round for Spanish startup Jeff.
The round also saw participation from Addventure Fund, CDTI's Innvierte and several entrepreneurs, including Javier Rubio via his company Alcor Ocean and the Gómez-Trenor family with their holding company Nalpa.
Jeff intends to use the fresh financing to consolidate its market position, improve its product offering and further expand across Europe and the US. The company plans to open an additional office in New York in the coming months.
Previous funding
Jeff received €2m in seed funding from various business angels in December 2016.
More recently, the company raised a $12m series-A round led by All Iron Ventures in January 2019. Addventure also took part in the investment.
Company
Founded in 2015 and based in Valencia, Jeff offers a business development and brand optimisation platform.
The startup helps entrepreneurs launch their own business across three segments: laundrettes, fitness clubs and beauty salons, in exchange for an initial investment and a monthly fee.
People
Jeff – Eloi Gómez (CEO, co-founder).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater