About Be Mate
Be Mate is a company based in Madrid (Spain) founded in 2014 by Kike Sarasola.. Be Mate has raised $12.54 million across 1 funding round. Be Mate has completed 1 acquisition, including Alterkeys. Be Mate offers products and services including Apartments, Hostels, Coworking Spaces, and Personalized Services. Be Mate operates in a competitive market with competitors including Airbnb, Airbnb, EscapadaRural, Niumba and LaComunity, among others.
- Headquarter Madrid, Spain
- Founders Kike Sarasola
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Sectors
Travel & Hospitality
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.54 M (USD)
in 1 rounds
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Latest Funding Round
$12.54 M (USD), Series B
Nov 24, 2023
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Be Mate
Be Mate offers a comprehensive portfolio of products and services, including Apartments, Hostels, Coworking Spaces, and Personalized Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully equipped rentals for short-term stays in prime locations.
Shared or private rooms with communal spaces for travelers.
Equipped areas for remote work in select properties.
Custom support for check-in and trip arrangements.
Funding Insights of Be Mate
Be Mate has successfully raised a total of $12.54M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.54 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $12.5M
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First Round
First Round
(24 Nov 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series B - Be Mate | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Be Mate
Be Mate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alterkeys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Accommodations worldwide are listed and booked peer-to-peer for short-term rentals.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Be Mate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Be Mate Comparisons
Competitors of Be Mate
Be Mate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airbnb, Airbnb, EscapadaRural, Niumba and LaComunity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Vacation rentals are booked via an online peer-to-peer platform.
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| domain | founded_year | HQ Location |
Rural vacation rentals are booked via an online platform.
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| domain | founded_year | HQ Location |
Marketplace for vacation rentals
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for holiday apartment rentals.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Be Mate
Frequently Asked Questions about Be Mate
When was Be Mate founded?
Be Mate was founded in 2014 and raised its 1st funding round 9 years after it was founded.
Where is Be Mate located?
Be Mate is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.
Who is the current CEO of Be Mate?
Víctor Manuel Fernández is the current CEO of Be Mate.
Is Be Mate a funded company?
Be Mate is a funded company, having raised a total of $12.54M across 1 funding round to date. The company's 1st funding round was a Series B of $12.54M, raised on Nov 24, 2023.
What does Be Mate do?
Be Mate was founded in 2014 in Madrid, Spain, within the online travel sector. An online marketplace is operated for users to browse and book vacation rentals across Europe from peers and travel agencies. Standard hotel services are provided via a tech-enabled concierge platform. Bookings are completed with online payments, and hosts are given 24 hours to accept or reject requests. Commissions are collected from hosts on each transaction.
Who are the top competitors of Be Mate?
Be Mate's top competitors include Airbnb, Airbnb and EscapadaRural.
What products or services does Be Mate offer?
Be Mate offers Apartments, Hostels, Coworking Spaces, and Personalized Services.
How many acquisitions has Be Mate made?
Be Mate has made 1 acquisition, including Alterkeys.