# Rounded Technologies S.L.

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

- Industry: Internet
- Headquarters: Barcelona, Spain
- Website: www.shopbuo.com
- Total disclosed funding: $1.3M
- Latest round: Seed (Sep 16, 2021)
- Investors on record: 3

## About

Founded in 2020 and based in Barcelona, Spain, Rounded Technologies S.L. is the owner of Buo, an online supermarket offering group buying for groceries. The company was co-founded by Borja Solé, Carlos Costa, and Rubén Vilar. Rounded Technologies is the developer of Pulpo and Buo, and the launch of Buo in 2021 is an evolution of the services that Pulpo already offered. In September 2021, Pulpo raised EUR 550,000 in Seed funding co-led by  Hedosophia, Ocean Flow, and Lanai Partners. And in June 2022, Buo raised EUR 2 million in venture funding led by new investor Mangrove Capital Partners, with participation from individual investors. 

The company offers application-based online supermarkets that enable the purchaser to purchase whenever they want and pick up their order from the collection points near them. The firm eliminates the middlemen and allows the customer to purchase directly from the supplier and enables them to do team purchases, the Buo allows users to save on daily purchase products, going from a monthly basket of EUR 350 to one of EUR 210 and offers products from more than 50 brands such as Unilever, Bimbo, Reckitt, and many more. Additionally, the Pulpo platform, allows users to buy streaming subscriptions, digital newspapers, fitness, software, supplies, mobile telephony, and video games. The company also helps its users to automate monthly payments and offers personalized customer service.  

The company intends to use the June 2022 funding for expanding its operations as well as geographic reach.

## Funding rounds

- Seed, Sep 16, 2021, $0.7M — Lanai Partners, Hedosophia, Ocean Flow
- Seed, Feb 1, 2021, $0.6M — Lanai Partners

## Investors

- Lanai Partners (https://capitalatlas.ai/funds/lanai-partners) — Seed
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Seed
- Ocean Flow (https://capitalatlas.ai/funds/ocean-flow) — Seed