NEWS15 July 2022

Zinklar closes €5.5M Series A funding round

Data analytics Europe New business News

SPAIN – Insights automation platform Zinklar has raised €5.5M in a Series A funding round led by venture capital firm Caixa Capital Risc.

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The deal will see a representative from Beacon Capital join the board, alongside Caixa Capital Risc, Inveready and Zinklar’s founders.

The funds raised will allow Zinklar to double its team and hire new talent, as well as scale-up the business.

Zinklar plans to further expand its presence globally, particularly in the US, as well as across Europe and Central and South America, with the company currently operating in more than 80 countries worldwide.

The funding round will also help Zinklar to further develop its platform by launching additional research tools and strengthen its analytical capabilities, as well as democratising access to research through real-time contextual advice, artificial intelligence-based automation and live results benchmarking.

UK-based Beacon Capital, as well as EASO Ventures, Full Global Investments and CDTI Innvierte, have taken part in the latest funding round.

Jordi Ferrer, founder and chief executive at Zinklar, said: “This Series A funding is a major milestone for Zinklar. I am particularly excited as to what we will achieve with even more automation, in further democratising access to best-in-class insights for all kinds of businesses.”

Borja Ormaechea, founder and co-chief executive at Zinklar, said: “This latest funding and the increased experience brought by our new investors in scaling businesses globally will allow Zinklar to be used more frequently by our existing clients and become an essential tool for the daily decision-making of new clients in many more markets.

“Democratising access to insights is an enormous opportunity to create more value for consumers, for our clients and for our shareholders.”

Xavier Alvarez, managing director of tech investments at Caixa Capital Risc, said: “Caixa Capital Risc is proud to continue supporting Zinklar and to lead this strategic Series A funding, including financing from our new Criteria Venture Tech fund.

“With this new funding, Zinklar will increase its leadership in the market and will continue shaping the evolution of the multi-billion-dollar insights and analytics industry.”

@RESEARCH LIVE

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