# Beruby.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beruby-com

- Industry: Financial Services
- Headquarters: Madrid, Spain
- Website: www.beruby.com
- Total disclosed funding: $0.4M
- Latest round: Series B (Nov 15, 2010)
- Investors on record: 1

## About

Beruby.com is a cashback platform that empowers users to earn rewards while shopping online through partnerships with various retailers, enhancing consumer savings and engagement.Beruby.com operates as a cashback platform that rewards users for online shopping. Based in Madrid, Spain, the company was co-founded by Nieves Pérez and Samuel Arenas. Miguel Acosta currently serves as the CEO. In November 2010, Beruby raised EUR 0.3 million in Series B funding from Investing PROFit Wisely, which contributed to a total amount raised of EUR 0.3 million. The company has executed a total of 1 deal as of the most recent report date.Beruby offers a comprehensive cashback platform that enables users to earn money when shopping online. The core product revolves around cashback incentives provided to users for making purchases at various partner retailers across categories such as fashion, electronics, travel, and health. Users can earn cashback on transactions from well-known brands like AliExpress, Dresslily, and Europcar, enhancing their savings during online shopping. The platform features promotional offers that can reach up to 14% cashback on select purchases. Primarily serving Spain, Italy, Portugal, and Latin America, Beruby has over two million registered users, facilitating a rewarding online shopping experience.For the year 2023, Beruby reported a revenue of EUR 6,482,656 and an EBITDA of EUR 17,678. The company's revenue model is based on partnerships with retailers, earning commissions on sales made through its platform, which allows them to provide cashback rewards to users. This structure has led to the disbursement of over EUR 3 million in cashback to its members, indicating an active flow of transactions driven by user engagement and retailer collaboration.Beruby aims to enhance its platform by introducing new products and expanding its market reach. Following its Series B funding round in November 2010, the company plans to utilize the EUR 0.3 million raised to support these initiatives. Specific markets targeted for expansion include additional regions in Latin America and Europe, with timelines for these expansions expected to be outlined in forthcoming strategic plans.

## Funding rounds

- Series B, Nov 15, 2010, $0.4M — Investing PROFit Wisely

## Investors

- Investing PROFit Wisely (https://capitalatlas.ai/funds/investing-profit-wisely) — Series B