About Abac Nest
Abac Nest is a venture capital firm founded in 2017. It is primarily based out of Barcelona, Spain. As of Sep 2025, Abac Nest is an active investor, having invested in 30 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Spain based startups. Its investments are spread across a wide range of sectors from Consumer to FinTech and Enterprise Applications. Most recently it participated in the $***** Seed round of Konvo AI Overall, Abac Nest portfolio has seen 1 IPO and 6 acquisitions including key companies like Payflow, eDreams and Vueling Airlines. A lot of funds co-invest with Abac Nest, with names like Itnig sharing a substantial percentage of its portfolio. Abac Nest has team of 6 people including 2 partners.Key Metrics
Abac Nest's List of Top Investments
Abac Nest has a portfolio of 30 companies. Their most notable investments are in Payflow and Catevering.Their portfolio spans across Spain, Brazil, Germany and 2 more locations. They have invested in Consumer, FinTech, Enterprise Applications and 19 other sectors, across stages such as Seed, Angel and 1 more. Here is the list of top investments by Abac Nest:1. Payflow
Online financial services platform for on-demand pay and savings. The platform provides online loans for earned-wage loans. It allows users to request loans in advance through its platform and access part of their earned wages directly into the bank account. The loan repayments are deducted from the users' salary accounts. Its app is available for both Android and IOS devices.
Key facts about Payflow
- Founded Year: 2020
- Location: Madrid (Spain)
- Stage: Acquired
- Total Funding till date: $41.3M
- Employee Count: 66 as on Jul 01, 2024
- Investors: Itnig, Cusp Capital and 34 Others
- Latest Funding Round: Series B, Oct 13, 2025, $*****
- Highlight: Acquired
2. Volotea
Volotea is an online platform for travelers to discover flight tickets, hotels & car rentals. Travelers are also allowed to book the services by making an online payment through the platform. Other services include check-in, flight status, onboard entertainment, flight cancellation & more.
Key facts about Volotea
- Founded Year: 2011
- Location: Castrillon (Spain)
- Stage: Series B
- Total Funding till date: $90M
- Employee Count: 1,005 as on Jul 01, 2024
- Investors: Official Credit Institute, BBVA and 10 Others
- Latest Funding Round: Conventional Debt, Jul 29, 2020, $*****
3. eDreams
eDreams is an online travel agency based in Southern Europe that enables users to book flights, hotels and vacation packages. It offers a selection of flights, hotels and vacation packages through the use of innovative search, packaging and booking engines. It claims to have served more than 6 million customers. In July 2010, Permira, a European private equity firm, TA Associates in a deal reportedly worth €250-300 million.
Key facts about eDreams
- Founded Year: 1999
- Location: Barcelona (Spain)
- Stage: Public
- Investors: DCM Ventures, AME Ventures and 3 Others
- Latest Funding Round: Conventional Debt, Oct 29, 2006, $*****
- Highlight: Public
4. TaxDown
Cloud and app-based tax management solutions for individuals and businesses. It offers solutions for tax filing, tax returns, tax consulting, and more. It also offers advisory solutions for tax planning. The app is available for iOS and Android platforms.
Key facts about TaxDown
- Founded Year: 2018
- Location: Madrid (Spain)
- Stage: Series B
- Total Funding till date: $26.1M
- Employee Count: 99 as on Jul 01, 2024
- Investors: TA Ventures, ATRESMEDIA and 18 Others
- Latest Funding Round: Series B, Apr 22, 2025, $*****
- Highlight: Editors' Pick
Vueling Airlines is a low-cost airline carrier in Spain. Operates from its hubs in Barcelona–El Prat Airport and Leonardo da Vinci–Fiumicino Airport in Rome. Serves over 100 destinations in Africa, Asia and Europe, as of Oct 2016. Claims to have carried over 17M users in 2014.
Key facts about Vueling Airlines
Abac Nest's Year-on-Year Investment Trends
Abac Nest has invested in 30 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Konvo AI and most recent follow-on round was in TaxDown.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 2 | 1 | 3 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 1 | 1 |
2020 | 2 | 1 | 3 |
2019 | 2 | 0 | 2 |
2018 | 2 | 0 | 2 |
Abac Nest's Investments by Stage
Abac Nest has made 8 investments in Seed stage with an average round size of $1.07M, 1 investment in Angel stage with an average round size of $759K and 1 investment in Series A stage with an average round size of $740K.Stage of entry | No. of Investments |
|---|---|
Seed | 8 |
Angel | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
Abac Nest's Investments by Sector
Abac Nest has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Retail, Consumer and Food and Agriculture Tech. Notably, it has invested in 18 Tech companies, 13 Consumer (B2C) companies, 11 Enterprise (B2B) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
FinTech | 3 |
Retail | 3 |
Consumer | 2 |
Food and Agriculture Tech | 2 |
Others | 9 |
Note: We have considered here, only first round of investments
Abac Nest's Investments by Geography
Abac Nest has made most investments in Spain (8), followed by Germany where it has made 1 investment.Country | No. of Investments |
|---|---|
Spain | 8 |
Germany | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Abac Nest's recent investments
Abac Nest has not made any investment in 2026 so far.Here are the most recent investments by Abac Nest:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 23, 2025 | Germany | Seed | 5947 | [+5] | |
Oct 08, 2024 | Spain | Seed | 8333 | ||
Jun 03, 2024 | United Kingdom | Seed | 4144 | [+4] | |
Apr 10, 2024 | Spain | Series B | 5430 | [+3] | |
Oct 06, 2023 | Spain | Seed | 3771 | [+2] |
IPOs and Publicly Listed companies in Abac Nest's Portfolio
1 of Abac Nest's portfolio company became public - eDreams. It got listed on the OTC Markets (OTCMKTS), in Aug 2022.Here are Abac Nest's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 16, 2022 | - | - | 2014 |
Acquired companies in Abac Nest's Portfolio
6 companies from Abac Nest's portfolio have been acquired. The most recent acquisition were Cobee in Jun 2024 by Pluxee.Here are Abac Nest's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2024 | Apr 11, 2019 | Seed | 8644 | |
Mar 01, 2022 | Jul 16, 2020 | Seed | 7427 | |
Sep 26, 2019 | - | - | 1769 | |
Sep 15, 2014 | - | - | 9893 | |
Nov 07, 2012 | - | - | 7635 |
Team profile of Abac Nest
Abac Nest has a team of 6 members including 2 Partners, 2 Venture Partners and 2 Principals located in Spain. Abac Nest's team does not sit on the board of any company as of now.Here is a list of all team members in Abac Nest:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Barcelona | - | - | |
Partner | Barcelona | - | - | |
Venture Partner | Sant Cugat del Valles | - | ||
Venture Partner | Barcelona | - | - | |
Principal | Barcelona | - | - | |
Principal | Barcelona | - |
Co-investors of Abac Nest
Over the past 8 years, 82 investors have co-invested in Abac Nest's portfolio companies. This includes funds and angels.
- Invested before Abac Nest: ENISA has invested before Abac Nest.
- Top Co-investors of Abac Nest: 27 investors entered a company along with Abac Nest. These include investors like Itnig (3 companies).
- Invested after Abac Nest: A total of 54 investors have invested in Abac Nest's portfolio after their investments. Top Investors include Abac Capital (2 companies), Mango (1 company) and Seaya (1 company).
Recent News related to Abac Nest
•
Flipflow closes a round of € 900,000 led by Angels.All Iron, Abac and Lanai participateWebcapitalriesgo•Dec 27, 2023•FlipFlow, Angels Capital, All Iron, Abac Nest and 6 others
•
Barcelona-based Payflow raises €1.6 million to provide financial wellbeing and to disrupt payrollEU-Startups•Jul 16, 2020•Payflow, Rocket Internet, LANAI Partners, Itnig and 1 other
•
Spain’s Cobee raises €2.1M for its employee benefits app and payment cardTechCrunch+•Feb 25, 2020•Cobee, Speedinvest, Target Global, Encomenda and 3 others
