About VAS Ventures
VAS Ventures is a venture capital firm founded in 2018. It is primarily based out of Madrid, Spain. As of Jan 2021, VAS Ventures has invested in 37 companies. It primarily invests in Seed round in Spain based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series A round of CookUnity Overall, VAS Ventures portfolio has seen 3 unicorns, 2 IPOs and 16 acquisitions including key companies like Truecaller, MUBI and Teads. A lot of funds co-invest with VAS Ventures, with names like Myelin sharing a substantial percentage of its portfolio. VAS Ventures has team of 6 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
VAS Ventures' List of Top Investments
VAS Ventures has a portfolio of 37 companies, including 3 unicorns. Their most notable investmentis in ShujinkoTheir portfolio spans across United States, Spain, United Kingdom and 5 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 18 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by VAS Ventures:
1. Truecaller
App-based platform providing caller ID and spam call-blocking services. It helps users to identify, filter, and block unknown numbers, spam callers, and telemarketers. It helps to record calls, backup call history, contacts, and messages to drive, and auto-block SMS from specific countries, or those with similar digit sequences. Users can also track bills and transactional updates. It has community-based spam reporting service. The app is available across the web, Android, and iOS platforms.
Key facts about Truecaller
- Founded Year: 2009
- Location: Stockholm (Sweden)
- Annual Revenue: $100M - $500M as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $96.8M
- Employee Count: 592 as on Sep 30, 2026
- Investors: Inbox Capital, Atomico and 19 Others
- Latest Funding Round: Series C, Oct 10, 2018, $*****
- Highlight: Public
2. MUBI
App-based movie streaming platform. It provides content under multiple categories including shows, movies, cinema, and live on-demand content. The platform features content in multiple languages such as English, French, Norwegian, German, Italian, Turkish, Spanish, Dutch, Swedish, and more. It monetizes through a subscription-based model. Available on both Android and iOS users.
Key facts about MUBI
- Founded Year: 2007
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $127M
- Employee Count: 520 as on Sep 30, 2026
- Investors: Fidelity Investments, TCV and 38 Others
- Latest Funding Round: Series F, Jun 02, 2025, $*****
- Highlight: Editors' Pick
3. Teads
Provider of omnichannel platform connecting advertisers and media content owners. The platform offers tools for managing advertising campaigns across various digital channels. It provides solutions for advertisers to reach audiences and drive business outcomes. The company delivers technology for media owners to deepen audience engagement and monetization.
Key facts about Teads
- Founded Year: 2011
- Location: United States
- Annual Revenue: £50M - £100M as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $20.8M
- Employee Count: 1,816 as on Sep 30, 2026
- Investors: BNP Paribas, Blisce and 21 Others
- Latest Funding Round: Series B, 2017, $*****
- Highlight: Acquired
4. Viatel
Key facts about Viatel
- Founded Year: 1991
- Location: Dublin (Ireland)
- Stage: Acquired
- Total Funding till date: $52M
- Employee Count: 423 as on Sep 30, 2026
- Investors: Morgan Stanley, Macquarie and 2 Others
- Latest Funding Round: Unattributed, Dec 15, 2023, $*****
- Highlight: Acquired
5. CookUnity
Chef-crafted meal delivery service connecting chefs with food lovers. It is a meal delivery service that partners with chefs to provide restaurant-quality meals delivered directly to consumers. The platform empowers chefs, offering them a way to reach a broader audience and build their culinary businesses. The service provides a diverse menu with various cuisines and dietary options, emphasizing high-quality ingredients and culinary artistry. It offers flexible subscription plans, allowing customers to choose the number of meals per week and easily skip, pause, or cancel deliveries. The company focuses on sustainability, responsible sourcing, and chef support, aiming to create a positive impact on the food industry. It also offers business subscription programs, bringing chef-made meals to organizations. The website offers options to order now, login, explore the menu, and view FAQs.
Key facts about CookUnity
- Founded Year: 2014
- Location: New York City (United States)
- Stage: Series C
- Total Funding till date: $93.3M
- Employee Count: 969 as on Sep 30, 2026
- Investors: IDC Ventures, Collab Fund and 25 Others
- Latest Funding Round: Grant (prize money), Nov 24, 2025, $*****
- Highlight: Editors' Pick
VAS Ventures' Year-on-Year Investment Trends
Its most recent first time investment was in CookUnity.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 3 | 0 | 3 |
2018 | 2 | 0 | 2 |
VAS Ventures' Investments by Stage
VAS Ventures has made 3 investments in Seed stage with an average round size of $4.89M, 2 investments in Series A stage with an average round size of $9.65M and 1 investment in Series B stage with an average round size of $7.82M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 2 |
Series B | 1 |
Note: We have considered here, only first round of investments
VAS Ventures' Investments by Sector
VAS Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Food and Agriculture Tech, Enterprise Infrastructure and FinTech. Notably, it has invested in 33 Tech companies, 25 Consumer (B2C) companies, 16 Enterprise (B2B) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Food and Agriculture Tech | 2 |
Enterprise Infrastructure | 1 |
FinTech | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
VAS Ventures' Investments by Geography
VAS Ventures has made most investments in Spain (2), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Spain | 2 |
United States | 2 |
Mexico | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
VAS Ventures' recent investments
VAS Ventures has not made any investment in 2026 so far.Here are the most recent investments by VAS Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 13, 2021 | United States | Series A | 7180 | [+6] | |
Sep 04, 2019 | Mexico | Seed | 1313 | [+3] | |
Jun 03, 2019 | Spain | Series B | 9557 | [+6] | |
Apr 02, 2019 | United Kingdom | Series A | 9512 | [+6] | |
Oct 10, 2018 | United States | Seed | 1021 | [+3] |
Unicorns in VAS Ventures' Portfolio
VAS Ventures has 3 unicorns in its portfolio - MUBI, Synthesia and Jawbone. The most recent unicorn in their portfolio is MUBI. It became a unicorn in 2025, 1 years before VAS Ventures first invested in it.Here is a list of unicorns in VAS Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | App-based movie streaming platform | 2007 | Palo Alto | Series F | faybmmo | ||
66 | Provider of software for generating professional videos using artificial intelligence | 2017 | London | Series E | eiwvcal | ||
67 | Provider of wearable devices for activity and sleep tracking | 1997 | San Francisco | Series F | hb{wet{ |
IPOs and Publicly Listed companies in VAS Ventures' Portfolio
2 of VAS Ventures' portfolio companies have become public. Aura Biosciences got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Oct 2021 at marketcap of $398M and Truecaller got listed on the Nordic and Baltic regions (NASDAQ OMX) at marketcap of $2.22B.Here are VAS Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 29, 2021 | - | - | 2271 | |
Oct 08, 2021 | - | - | 1439 |
Acquired companies in VAS Ventures' Portfolio
16 companies from VAS Ventures' portfolio have been acquired. The most recent acquisition was Teads in Feb 2025 by Outbrain for $*****.Here are VAS Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 03, 2025 | - | - | 9721 | |
Apr 21, 2023 | - | - | 9144 | |
Nov 29, 2021 | - | - | 7368 | |
Nov 11, 2021 | - | - | 5442 | |
Apr 19, 2021 | - | - | 2056 |
Team profile of VAS Ventures
VAS Ventures has a team of 6 members including 1 Partner and 3 Venture Partners located in Spain and United States. VAS Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in VAS Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Spain | - | ||
Venture Partner | Madrid | - | ||
Venture Partner | Madrid | - | ||
Venture Partner | United States | - |
Co-investors of VAS Ventures
Over the past 8 years, 98 investors have co-invested in VAS Ventures's portfolio companies. This includes funds and angels.
- Invested before VAS Ventures: AngelPad, Jose Vargas and 27 others have invested in rounds before VAS Ventures. There is 1 company where AngelPad has invested before VAS Ventures and 1 company where Jose Vargas has invested before VAS Ventures.
- Top Co-investors of VAS Ventures: 28 investors entered a company along with VAS Ventures. These include investors like Myelin (1 company).
- Invested after VAS Ventures: A total of 41 investors have invested in VAS Ventures's portfolio after their investments. Top Investors include Endeavor (2 companies), Insight Partners (1 company) and Fuel Ventures (1 company).
Recent News related to VAS Ventures
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Enuu raises USD 1.4m to expand throughout SwitzerlandStartupticker•Sep 26, 2019•Enuu, VAS Ventures, ACE & Company
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The startup behind that deep-fake David Beckham video just raised $3MTechCrunch+•Apr 25, 2019•Synthesia, LDV Capital, MMC Ventures, and 4 others
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Wavesense Ceo: Ground-penetrating Radar Could Slash Cost Of LidarSmart2Zero•Mar 18, 2019•WaveSense, Rhapsody Venture Partners, VAS Ventures, NOMO Ventures
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Seattle cloud security company Shujinko raises $2.8 mlnPE Hub•Oct 10, 2018•Shujinko, Unusual Ventures, DEFY VENTURES, VAS Ventures and 3 others
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Shujinko brings in $2.8M for its cloud security compliance platformTechCrunch+•Oct 10, 2018•http://shujinko.info, Shujinko, Unusual Ventures, DEFY VENTURES and 3 others
