# Tiendeo Web Marketing S.L.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tiendeo-web-marketing-s-l

- Industry: Internet
- Headquarters: Barcelona, Spain
- Website: www.tiendeo.com
- Total disclosed funding: $0.4M
- Latest round: Angel (Nov 19, 2012)
- Investors on record: 1

## About

Tiendeo Web Marketing S.L. is a digital platform that connects consumers with local retailers through catalogs, promotions, and brochures, enhancing shopping experiences and driving foot traffic to stores.Founded in 2010 in Barcelona, Spain, Tiendeo Web Marketing S.L. operates as an online marketplace that aggregates promotional material from various retailers. It has engaged in 4 funding rounds, with the most recent deal occurring on April 11, 2022, when DoveConviene acquired the company for EUR 35 million. The founders, Eva Martín and Maria Villaró, have established a firm presence in the retail marketing sector.Tiendeo specializes in providing consumers access to catalogs, brochures, and promotions from local retailers, enhancing their shopping experiences. Users can browse for discounts on items ranging from groceries to electronics through a user-friendly interface, which allows for personalized updates based on user preferences. The platform operates in multiple countries, including Spain, Italy, the United Kingdom, Mexico, and Brazil.In the most recent fiscal year of 2023, Tiendeo reported revenue of EUR 12,354,487.50, with an EBITDA of EUR -1,858,380.40, reflecting the company's ongoing investment in its platform and expansion efforts.The acquisition by DoveConviene aims to scale Tiendeo's platform and accelerate its global expansion. Future growth initiatives include launching new products designed to enhance user engagement and exploring new markets in Europe and Latin America. The recent funding will be utilized to support these initiatives, further solidifying Tiendeo's position in the retail marketing space.

## Funding rounds

- Angel, Nov 19, 2012, $0.3M — Cabiedes & Partners
- Seed, Oct 1, 2011, $0.1M — Cabiedes & Partners

## Investors

- Cabiedes & Partners (https://capitalatlas.ai/funds/cabiedes-partners) — Seed, Angel