Encomenda Venture Capital

Encomenda is a VC firm created by entrepreneurs and managed by entrepreneurs which counts with a great pool of successful entrepreneurs among its Limited Partners. They have experienced what entrepreneurship is all about and we are here to help our portfolio companies grow.

They invest at the earliest stage of the project where they can bring their experience as entrepreneurs and investors.

Investment criteria

1. Founder/market fit: you have a rare – if not unique – depth of insight into a problem. It might be through education, expertise, or experience, but you understand it intimately in a way that gives you a killer competitive advantage.
2. Venture-level ambition: venture capital is only meant to fuel certain kinds of entrepreneurial journeys. Ones with massive market opportunities and truly disruptive technologies. 
3. Early in the journey: you don’t need a product, revenue, or a perfect pitch deck to get in touch: you may still be digging into the details or even employed elsewhere, quietly ideating on the side.As long as you fit the other requirements, it’s never too early to reach out.

Application process

• Step 1: Send your deck – if they think they’re a fit for your business, they’ll set up a call. This first chat (approx. 30 minutes) will include a general intro to your team, the problem you’re tackling and the solution you’re proposing.
• Step 2: Second meeting (approx. 45 minutes), including detailed GTM (go to market) information, deep dive, live product demo and a meeting with other co-founders. 
• Step 3: They’ll carry out their pilot partner/customer due diligence and go thorough our GPs call.
• Step 4: If they’re investing, they’ll finalise terms and present their offer which will be reviewed by the investment committee. 
• Step 5: After Due Diligence, they’ll review and sign the legal documents, then wire funds. Welcome to Encomenda portfolio! 

Investment sectors

They are agnostic in terms of sector, even though they do not invest in hardware nor healthcare or life science. 

Funds

Encomenda Seed 1 supported more than 40 companies, its team analyzed more than 6,000 digital projects and managed to consolidate a recognized brand in the southern European market. You may get more information about Encomenda Seed 1 at: www.escvc.com

Encomenda Seed 2 is based on the same investment thesis as Encomenda 1, but with a larger size, it aims to accompany projects from the pre-seed stage to series A.

It mainly invests in Spain, with tickets ranging from 100-500k + follow-on of 2-3M.€ per company.

Applicants willing to submit their pitches can do it by following this link.

Portfolio: Deporwell, Zexel, Peimi, Bronze.