Pre Seed Investors Madrid: A Founder’s Guide to Fit

Explore pre seed investors Madrid founders can consider, typical check sizes, sector fit and practical ways to organize investor outreach.

FundraisingInvestorsMadrid StartupsPre-Seed
Andrew
Andrew
AI Perks Team
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Submit your startup on Round Funded to get matched with investors and build a focused shortlist of pre seed investors Madrid founders may want to approach. The key is to prioritize stage, sector and geography fit rather than treating every investor as a prospect.

How do you assess pre seed investors Madrid founders can approach?

An investor’s location or past portfolio alone does not show whether they are a fit for your startup. Before reaching out, consider whether their investment activity, preferred stage, sector interests and geographic focus align with your company.

A useful test for an active Madrid investor: last-investment dates inside the last 6 months, public LinkedIn activity in the last 30 days and a verified geographic focus that includes Madrid. Round Funded covers 60,000+ active VCs, angels, family offices and accelerators, filtered to a check in roughly the last 6 months.

These criteria can help you distinguish a relevant prospect from a name that only appears suitable at first glance. Check that your company fits the investor’s stated focus, and make the connection clear in your outreach. A Madrid connection is useful context, but it does not establish that an investor is interested in your stage or business. Submit your startup on Round Funded to get matched with investors as you assess your options.

Which sectors are represented among Madrid investors?

Madrid’s sector concentrations include SaaS, fintech, climate tech and deep tech. The city’s investor landscape may be less receptive to pure consumer apps and US-style growth plays, so you should explain how your business relates to a prospect’s investment focus instead of assuming sector fit.

The named investors and organizations below are examples to investigate when their focus areas match your company. Roles and focus areas can help you frame your research, but they do not guarantee that a particular investor will consider your pitch.

  • Jose Maria Amusategui, Founding Partner at Kibo Ventures, focused on Artificial Intelligence and SaaS & Enterprise.
  • Francisco Velazquez de Cuellar, Founder, President and Managing Partner at Axon Partners Group, focused on Fintech and Payments.
  • Javier Alarco, CEO/Founding Partner at JME Ventures, focused on Fintech and Lending & Credit.
  • Carlos Fisch, Partner at Seaya, focused on Artificial Intelligence and Fintech.
  • Pablo Ventura Aranguren, Partner at Kfund, focused on Artificial Intelligence and Fintech.

Before contacting any prospect, establish whether their stage, sector and geography preferences are relevant to your startup.

What check sizes and fundraising pace should you plan for?

Typical Madrid check sizes are EUR 25-100k for an angel and EUR 200-500k for an early-stage fund. Spain-focused angels typically make first checks of EUR 25k to EUR 100k. These are general ranges for planning, not commitments from any named investor.

Use the ranges to think through how a potential investment could fit into your round. A prospect’s likely check size may be relevant alongside other capital, but it should not replace a direct discussion about the investor’s interest and capacity.

Madrid investors tend to hold more due-diligence calls before committing, then sign within 1-2 weeks after committing. That timing describes the period after commitment, not the full fundraising process. Prepare for questions and keep your materials consistent as conversations progress. After each discussion, make the next step clear so you can manage follow-ups and diligence without confusing one investor’s process with another’s.

How should you organize outreach to Madrid investors?

Start by filtering for investors whose stage, sector and geography align with your business. Then build a focused list of 30-40 targets. This approach gives you room to tailor each message and review which parts of your pitch connect with prospective investors.

Personalize your pitch around a concrete fit. You can refer to a relevant portfolio company and explain how it relates to your market, then connect a metric from your startup to the investor’s focus. Keep the reasoning specific: show why the comparison matters and what your company has demonstrated.

Where a suitable introduction is available, consider whether it provides a relevant path to the investor. If you contact someone directly, keep the message concise and include a clear description of your company, stage, traction and reason for reaching out. The aim is to make the fit understandable, not to rely on generic praise.

Track each prospect’s status and next step. A fundraising pipeline can help you distinguish between an investor who needs follow-up and one whose next step is a meeting or diligence conversation. Follow-ups should add useful context or clarify your case rather than simply repeat the initial message.

For a broader search beyond Madrid, Round Funded covers 60,000+ active VCs, angels, family offices and accelerators, filtered to a check in roughly the last 6 months. You can use geography as one filter while continuing to assess stage, industry and check-size fit. Submit your startup on Round Funded to get matched with investors.

How Round Funded helps you organize investor outreach

  1. Submit your startup on Round Funded to get matched with investors.
  2. Search a catalog of 60,000+ active VCs, angels, family offices and accelerators by stage, industry, geography and check size.
  3. Review investors filtered to recent activity, with a check in roughly the last 6 months, and verified email addresses.
  4. Use the fundraising pipeline to keep investors, stages and next steps together, and send pitches from your own Gmail so replies land in your inbox.
  5. Use AI-drafted personalized outreach emails and follow-ups as a starting point, then check that the details accurately represent your company.

Round Funded also offers a Data Room that you can build and share on every plan. It can put your deck, traction, team and ask on one link. Per-investor tracked links and engagement analytics are included with Round+. Round Funded’s plans include Round+ at $99 a month and Round Pro at $249 a month; both include a 3-day free trial for first-time accounts. There is no free tier.

Frequently Asked Questions

How can Round Funded help with a raise in Madrid?

Round Funded covers 60,000+ active VCs, angels, family offices and accelerators, filtered to a check in roughly the last 6 months. Its AI drafts outreach and follow-ups that you send from your own Gmail.

What check sizes do Madrid pre-seed investors typically write?

Typical ranges are EUR 25-100k for an angel and EUR 200-500k for an early-stage fund. Spain-focused angels typically make first checks of EUR 25k to EUR 100k. These ranges are not promises from individual investors.

Which sectors should founders consider?

SaaS, fintech, climate tech and deep tech are among Madrid’s sector concentrations. Pure consumer apps and US-style growth plays may get less traction, so explain your company’s relevance to an investor’s focus.

How many investors should you contact?

A focused shortlist of 30-40 prospects is a useful target after filtering for stage, sector and geography fit. Prioritize relevant investors and tailor your approach rather than sending the same message to everyone.

How long does fundraising with Madrid investors take?

Madrid investors tend to conduct more due-diligence calls before committing, then sign within 1-2 weeks after commitment. This is not a measure of the full time needed to raise a round.


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