LLYC Venturing
Corporate venture vehicle of LLYC (Llorente y Cuenca)
Corporate venture vehicle of the listed communications consultancy LLYC (since 2021). Takes minority stakes of €50k–500k in early-stage marketing, communication and public-affairs tech.
- HEADQUARTERS
- Madrid, Spain
- FOUNDED
- 2021
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 5 people
Focus
- STAGES
- Seed
- ASSET MIX
- Venture capital
- GEOGRAPHY
- EuropeLatin AmericaUnited States
Overview
LLYC Venturing S.L. was created in 2021 as the corporate venture initiative of LLYC (Llorente y Cuenca), the Madrid-listed communications and marketing consultancy. It invests in early-stage startups with a product on the market and a validated business model that apply AI, blockchain, virtual reality, IoT or SaaS enterprise software to communication, marketing and public affairs, in Europe, Latin America and the US. At launch it planned up to €5 million across 20 startups over four years, at €50,000–500,000 each for a minority stake, funded by LLYC. Its site lists five investments made between 2022 and 2024.
Investment thesis
Early-stage startups with a product in market and a validated model, applying AI, blockchain, VR, IoT or SaaS to communication, marketing and public affairs, whose offering can be integrated into LLYC’s client proposition.
PORTFOLIO (5)
- EruditArtificial Intelligence · since 2022
- Digital AudienceSoftware & SaaS · since 2022
- VottunCrypto & Web3 · since 2023
- EpiniumArtificial Intelligence · since 2023
- WeKallArtificial Intelligence · since 2024
People
- Ibo SanzGlobal Director of Innovation Strategy and Managing Director, LLYC Venturing · source
- Iván BustosInvestment Manager · source
- Javier GibertInvestment Director (investment committee) · source
- Marta GuisasolaPartner and CFO, LLYC (investment committee) · source
- Francisco Javier Sánchez-RivasChairman of the Board, LLYC (investment committee) · source
Links
Frequently asked questions
LLYC Venturing is a corporate venture arm based in Madrid, Spain, founded in 2021.
Yes. LLYC Venturing invests its own capital in private companies.
LLYC Venturing invests at Seed stage in Artificial Intelligence, Software & SaaS, Media & Entertainment and Crypto & Web3.
LLYC Venturing's stated ticket size is €50K–€500K.
Key people at LLYC Venturing include Ibo Sanz (Global Director of Innovation Strategy and Managing Director, LLYC Venturing), Iván Bustos (Investment Manager), Javier Gibert (Investment Director (investment committee)) and Marta Guisasola (Partner and CFO, LLYC (investment committee)).
LLYC Venturing's investments include Erudit, Digital Audience, Vottun, Epinium and WeKall.
The most recent publicly reported investment by LLYC Venturing is WeKall, announced in Mar 2024.
LLYC Venturing states that it accepts submissions through its official contact page.
No. LLYC Venturing invests its own capital and does not raise money from outside investors.