# Pulpomatic S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pulpomatic-s-l

- Industry: Software
- Headquarters: Madrid, Spain
- Website: www.pulpomatic.com
- Total disclosed funding: $7.6M
- Latest round: Series A (Nov 28, 2019)
- Investors on record: 3

## About

Pulpomatic S.L. specializes in fleet management solutions that enhance operational efficiency and vehicle performance, serving clients primarily in logistics and transportation sectors across Latin America.Pulpomatic S.L. is a fleet management solutions provider founded in Madrid, Spain, in 2016. The company has successfully completed 6 deals, with the latest funding round occurring on October 18, 2022. Pulpomatic raised EUR 8.13 million during this funding round, led by Nazca, and included participation from Cracks Fund, FEMSA Ventures, and returning investors such as Swanlaab Venture Factory and Mexico Ventures. The founders of Pulpomatic are Evaristo Babé and Javier Arambarri, while Pablo Becerra serves as the CEO.Pulpomatic offers advanced fleet management solutions that leverage technology to optimize vehicle performance and operational efficiency. Their core product suite includes tools for fuel management, maintenance tracking, and real-time vehicle monitoring, addressing critical challenges faced by companies with significant transportation needs. Pulpomatic primarily serves clients in the logistics, transportation, and delivery sectors, focusing on markets in Latin America, particularly Brazil and Mexico. The end users include fleet managers and operators who rely on these systems to streamline their processes and make informed decisions.Pulpomatic generated revenue of EUR 907,932.30 in 2022, with an EBITDA of EUR -1,601,450. The company utilizes a subscription-based model for its fleet management software and services. Clients typically enter into agreements for access to the platform, which may include various tiers of service depending on their operational requirements. This structure often involves annual or monthly subscriptions, allowing for scalability and adaptability to different client needs, while emphasizing comprehensive vehicle monitoring and management.In October 2022, Pulpomatic S.L. raised EUR 8.13 million in venture funding led by Nazca, with additional participation from Cracks Fund, FEMSA Ventures, and returning investors. The company plans to utilize this funding to expand its product offerings and reinforce its commitment to artificial intelligence, focusing on predicting vehicle incidents to reduce costs and optimize operations. Pulpomatic aims to launch new products in the upcoming year and seeks to expand its reach into additional regions of Latin America, with specific targets set for 2023.

## Funding rounds

- Series A, Nov 28, 2019, $5.5M — Mexico Ventures, Swanlaab Venture Factory
- Seed, Jun 22, 2018, $1.2M — Mexico Ventures, 4Founders Capital
- Seed, Apr 6, 2017, $0.9M — Mexico Ventures, 4Founders Capital

## Investors

- Mexico Ventures — Seed, Series A
- 4Founders Capital (https://capitalatlas.ai/funds/4founders-capital) — Seed
- Swanlaab Venture Factory (https://capitalatlas.ai/funds/swanlaab-venture-factory) — Series A