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Asset/Investment Management
BUSINESS PRODUCTS & SERVICES
grupo.gvcgaesco.es

Investments

7

Funds

2

Partners & Customers

2

About GVC Gaesco

GVC Gaesco is a financial services company that provides pension management, investment fund management, and other services.

Headquarters Location

Calle Doctor Ferran 3-5

Barcelona, 08034,

Spain

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Latest GVC Gaesco News

Okticket closes a €1.8M investment round led by Angels and Zamit Capital

Jan 13, 2023

The Spanish fintech Okticket , specialized in digitizing professional travel expenses, has closed a financing round of more than 1.8 million euros led by Angels, Juan Roig´s investment company, and Zamit Capital, a fund managed by GVC Gaesco. Encomenda (the entity that led Okticket´s previous round), a fund co-led by Carlos Blanco and Oriol Juncosa, and Asterius, a fund led by Javier García, have also participated in this round. “We are very satisfied with the investment round, above all for the investors who join us in it. We will dedicate the resources acquired to reinforce our internationalization strategy, incorporate a sales force and continue to improve the product. The quality of the product and customer service is our hallmark and we want it to continue in the future. Our forecast is to double sales again in 2023”, says Iván Rodríguez, CEO of Okticket. Okticket was created in October 2017 to help companies stop worrying about the problem of professional travel expense notes through a powerful, agile and simple tool that allows them to optimize and cover the entire expense note management process. , from the means of payment and digitization, to the processes of validation, control and integration with the ERP of the company. The company has experienced sustained growth, even during the pandemic, gaining market share based on a capital efficiency strategy. In 2022, the volume of clients and subscription contracts doubled. It currently has more than 100,000 users and more than 500 clients throughout Spain, Portugal and France, from SMEs to large multinational companies, including Manpower, Orange, Central Lechera Asturiana or the chemical multinational BASF. The Okticket team has also experienced significant growth in 2022, adding 25 new professionals to its workforce. “Okticket, led by Iván Rodríguez, has shown that it is very focused on improving the user experience, investing in technology that improves the quality and speed of digitization, thus exponentially increasing customer satisfaction,” emphasizes Pepe Peris, Angels’s General director. Paco Illueca, Investment Director of the Venture Capital Area of GVC Gaesco Valores, and Jesús Muela, Deputy General Manager of GVC Gaesco Valores, affirm that: “The investment in Okticket represents a new step for Zamit in its commitment to companies with strong potential of growth and internationalization. The case of Okticket is interesting because it offers its clients an optimal digital solution for the management of professional travel expenses that has generated growing interest from the market”.

GVC Gaesco Investments

7 Investments

GVC Gaesco has made 7 investments. Their latest investment was in Enso Co-living as part of their Seed - II on March 3, 2023.

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GVC Gaesco Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/13/2023

Seed - II

Enso Co-living

$1.82M

Yes

2

4/29/2022

Seed

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$99M

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10

11/16/2021

Unattributed VC - II

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$99M

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10

9/16/2021

Seed VC

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$99M

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10

1/22/2021

Seed VC

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$99M

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10

Date

3/13/2023

4/29/2022

11/16/2021

9/16/2021

1/22/2021

Round

Seed - II

Seed

Unattributed VC - II

Seed VC

Seed VC

Company

Enso Co-living

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Amount

$1.82M

$99M

$99M

$99M

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

10

GVC Gaesco Acquisitions

2 Acquisitions

GVC Gaesco acquired 2 companies. Their latest acquisition was Interbrokers on October 15, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

10/15/2018

$99M

Acquired

1

12/1/2013

Private Equity

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$99M

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10

Date

10/15/2018

12/1/2013

Investment Stage

Private Equity

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

GVC Gaesco Fund History

2 Fund Histories

GVC Gaesco has 2 funds, including Zamit Capital.

Closing Date

Fund

Fund Type

Status

Amount

Sources

11/15/2019

Zamit Capital

$33.16M

1

Zamit Capital Risk Capital Fund

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10

Closing Date

11/15/2019

Fund

Zamit Capital

Zamit Capital Risk Capital Fund

Fund Type

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Status

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Amount

$33.16M

Sources

1

10

GVC Gaesco Partners & Customers

2 Partners and customers

GVC Gaesco has 2 strategic partners and customers. GVC Gaesco recently partnered with FNZ on July 7, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

7/21/2022

Partner

United Kingdom

FNZ and GVC Gaesco collaborate for wealth management

The partnership with GVC Gaesco accelerates FNZ 's expansion into the Spanish market , and is part of the digital transformation process driven by CEO Enrique García Palacio since joining the company in 2019 .

1

4/13/2021

Partner

United Kingdom

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10

Date

7/21/2022

4/13/2021

Type

Partner

Partner

Business Partner

Country

United Kingdom

United Kingdom

News Snippet

FNZ and GVC Gaesco collaborate for wealth management

The partnership with GVC Gaesco accelerates FNZ 's expansion into the Spanish market , and is part of the digital transformation process driven by CEO Enrique García Palacio since joining the company in 2019 .

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Sources

1

10

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