Bonsai Partners

Bonsai Partners is a venture capital investment firm established in 2018 and based in Madrid, Spain. The company focuses on investing in tech startups across Europe, targeting opportunities in the finance, healthcare, and technology sectors. Bonsai Partners engages in both primary and secondary investments, catering to companies at various stages of growth, specifically from pre-series A to series C. With a commitment to fostering innovation, Bonsai Partners aims to support emerging businesses that have the potential to make a significant impact in their respective industries.

Albert Llobet

Associate

Andrés de la Morena

General Partner

Catarina Vaz da Silva

Director

Past deals in Madrid

Playtomic

Venture Round in 2025
Playtomic is the largest platform for racket sport clubs and players globally, founded in 2017 and headquartered in Madrid, Spain. The company operates an online sports court booking platform that aims to serve as a social network for sports enthusiasts. Its platform allows users to reserve courts, connect with players of similar skill levels, and engage in a community focused on sports learning. By facilitating these interactions, Playtomic helps sports clubs optimize the utilization of their facilities and transition into the digital age.

Trucksters

Series B in 2023
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

Trucksters

Series A in 2022
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

MytripleA

Series A in 2020
MytripleA is a Spanish fintech company established in 2015, specializing in providing working capital solutions to medium and large enterprises. Headquartered in Madrid with offices in Barcelona and Soria, the company offers factoring, confirming, and loan services tailored for businesses seeking growth opportunities. MytripleA facilitates direct investment connections between investors and Spanish companies, having facilitated over €160 million in financing since its inception.

Revelock

Series A in 2019
Revelock, founded in Madrid in 2015, specializes in developing advanced cybersecurity solutions focused on online fraud prevention for the banking and financial sectors. Its flagship product, bugFraud, employs sophisticated behavioral biometrics algorithms to detect anomalies in customer behavior in real-time, providing continuous, seamless protection against phishing, malware, and account takeovers, including those occurring during the onboarding phase. This solution is used globally by banks to safeguard their customers from online fraud.

Trucksters

Seed Round in 2019
Trucksters is a Madrid-based freight startup that specializes in long-haul transport services through an innovative relay system. This approach utilizes big data and artificial intelligence to optimize logistics, significantly reducing transit times for long-distance road freight. By enabling trucks to remain continuously in motion via strategically placed relays, Trucksters enhances delivery efficiency and lowers transportation costs. The company serves over 500 shippers across the European Union, contributing to the acceleration of the electrification agenda while also aiming to improve the quality of life for drivers.

iAhorro

Venture Round in 2011
iAhorro Business Solutions S.L. operates iahorro.com, a personal finance comparison website based in Madrid, Spain. Founded in 2009, the platform allows users to compare a wide range of financial products, including mortgages, consumer loans, credit cards, and insurance, with all information analyzed by independent financial experts. iAhorro aims to empower consumers by providing them with the tools necessary to make informed decisions about their personal finances. The company is wholly owned by Grupo BC de Asesoría Hipotecaria and is backed by the private equity firm L-GAM. Through its services, iAhorro seeks to simplify the process of finding and understanding various financial products for its users.

Tuenti

Venture Round in 2008
Tuenti is a Madrid-based technology company that operates a social networking platform, initially launched as a "Spanish Facebook" in 2006. It offers users the ability to create personal profiles, upload photos and videos, and connect with friends. The company has since evolved to become a Mobile Virtual Network Operator (MVNO), offering integrated mobile services with a focus on secure instant messaging and a unique, innovative app for account management and customer service. Tuenti is majority-owned by Telefónica, an international telecommunications group, and has a diverse team of approximately 200 professionals from various countries. It is primarily targeted at the Spanish audience and has been recognized as one of the most successful tech companies in Spain's internet history.

Toprural

Venture Round in 2002
Toprural is a rural accommodation search engine focused on promoting rural tourism across Europe. Established in 2000 by François Derbaix, Marta Esteve, and Juan Alvarez, the company is headquartered in Madrid. Toprural offers travelers an efficient platform to organize their rural getaways, featuring over 19,000 rural accommodations in ten countries along with a wealth of traveler reviews. The platform provides accommodation owners with the opportunity to effectively showcase their properties, thereby attracting potential customers and fostering trust through the expertise of professionals in the rural tourism sector.
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