Pulpomatic is a Madrid-based company dedicated to the development of a platform for the management of vehicle fleets.<\/p>\n
At the end of 2019, it carried out a \u20ac5m partial shareholding sale to drive growth.<\/p>\n
These new investors include Swanlaab Venture Factory and Mexico Ventures.<\/p>\n
Many companies have different suppliers linked to their fleets, but do not yet have good centralised data.<\/p>\n
This is a market that has not evolved much in 30 years.<\/p>\n
However, things are changing and more and more companies are using the latest technologies available to them.<\/p>\n
As evidenced by movements in corporate finance in the sector.<\/p>\n
It is a cloud-based software for operational management of all types of vehicles<\/strong>.<\/p>\n It was founded in 2017, seeing that almost all companies were still using Excel or paper to manage their vehicle fleet operations.<\/p>\n Pulpomatic<\/a> carries The most advanced methods and systems for this purpose are available to the sector.<\/em><\/p>\n It provides its customers with tools so that they can control every detail of their vehicles and their operations easily and in real time.<\/p>\n This ranges from maintenance, supplier relations and drivers, to expenses and revenues, which facilitates decision making, and saves them significant time and money.<\/p>\n The company has transformed how the modern vehicle fleet is operated, optimised and controlled. <\/em><\/p>\n It integrates and sorts through the chaos of vendors and applications with custom developments that currently dominates the <\/em>fleet management<\/em>.<\/em><\/p>\n As a result, it already has more than 100 clients in nine countries, including companies such as Telef\u00f3nica<\/a>, Michael Page<\/a> or Ezentis<\/a>.<\/p>\n The current situation is a time when car sales to private individuals are decreasing, while, on the contrary, the number of fleets to facilitate the mobility of people and goods is increasing.<\/p>\n Therefore, with this amount, Pulpomatic intends to accelerate its growth and to undertake its international expansion plan to the USA and Western Europe.<\/p>\n In Spain alone, there are more than 10 million company cars, and growth is expected to be unstoppable.<\/p>\n In order to carry out all these plans for growth and expansion, the company sold<\/a> at the end of December last year, part of its shareholding.<\/p>\n It did so in a round<\/a>Series A, valued at \u20ac5m.<\/p>\n These new investors are Swanlaab Venture Factory,\u00a0Spanish-Israeli management company<\/strong>\u00a0with offices in Madrid and Tel Aviv and Mexico Ventures<\/strong>.<\/p>\n For their part, the advisors in this operation have been two firms:<\/p>\n<\/span>INNOVATIVE COMPANY<\/span><\/h2>\n
<\/span>NORTH AMERICAN AND EUROPEAN MARKET<\/span><\/h2>\n
<\/span>GROWTH AND EXPANSION<\/span><\/h2>\n
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<\/span>OTHER RECENT ROUNDS IN THE SECTOR<\/span><\/h2>\n
<\/span>HIGHRADIUS<\/span><\/h3>\n