SaaS startups have become the darling of Venture Capital investors, especially in Madrid. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 3 VC funded SaaS startups in Madrid .
Fracttal provides 100% mobile, cloud-based intelligent maintenance and asset management software (CMMS/GMAO/EAM). These technologies give businesses the ability to manage maintenance in a way that is more effective, safe, and ensures the integrity and continuity of their operations as well as the safety of their employees. The shown gains include a reduction in operational hazards and asset failures of over 25%, an improvement in maintenance costs of at least 15%, and an increase in productivity of over 35%. With approximately 1000 clients, including Acciona, Unilever, Iberostar, Veolia, and FedEx, Fracttal targets major multinationals and SMEs in a number of business sectors, including manufacturing, facilities management, energy, and transportation, where it already has a sizable presence. Companies may remotely manage all maintenance tasks for any sort of asset, including equipment, vehicles, machinery, and buildings, using Fracttal One, the company's flagship product, from any device. This clever technology, a front-runner in some of the most renowned rankings in the world, enables real-time teamwork across various work teams and interfaces with any ERP. By minimizing mishaps and unexpected downtime that can cause delays, lost revenue, and accidents, Fracttal One enhances decision-making, increases efficiency, and increases the usable life of physical assets. Additionally, Fracttal created Predictto, an AI-enabled system for predictive maintenance that enables businesses to foresee failure scenarios with a high degree of accuracy. Predictto uses big data and machine learning to do this, recognizing asset behavior using unique reliability and degradation models.
A cloud computing platform called JOTELULU turns established IT firms into cloud service providers. System management tools, cloud-based IT and communication services, and several more features are all provided by Jotelulu. They were all committed to addressing the issues that small IT businesses and their clients faced on a regular basis (SMB and VSB). Very small businesses NEED to become digital, yet they lack technical expertise. They frequently rely on small IT businesses to assist them. Why not develop a platform that makes it simple for conventional IT organizations to administer and sell cloud services? Jotelulu was first established in 2013 as an IT consultancy firm but has now transformed into a dedicated cloud platform for IT businesses. Independent software vendors, software integrators, technical support providers, and IT procurement firms are just a few of the various categories for which Jotelulu has been created. Jotelulu, a Spanish company, operates a number of datacenters in Madrid from which it offers its services. However, internationalization predictions point to a quick deployment of infrastructure in various LATAM and European datacenters over the coming several years. Jotelulu is expanding quickly, adding new partners each week. In the next years, we hope to assist in the digitalization of as many SMBs and VSBs as we can, and we are making every effort to make that ambition a reality.
Twenix is an e-learning SaaS that helps teams in business with their English knowledge acquisition. We offer online English conversation sessions of 26’ every day with teachers from around the world. We are changing the world of language education for companies by using a 100% HR approach with education predictions that will help teams to achieve and enhance their language knowledge, in the least amount of time possible and of course, in the best way.