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Institutional LPPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 9 SOURCES

Grupo Catalana Occidente

Insurance group controlled by (62.03% before and 97.83% after its 2025 takeover bid); OCU describes Inocsa as the Serra family holding INOC, S.A. (Inocsa)

Also known as GCO, Grupo Catalana Occidente, S.A., Catalana Occidente

Spanish insurance group (Occident, Atradius, Mémora) controlled by the Serra family's Inocsa; LP in VC funds (Khosla, Earlybird, Kfund, Seaya, Mundi) and direct startup investor via GCO Ventures.

HEADQUARTERS
Madrid, Spain
FOUNDED
—
AUM
€14.9B (2024)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

Focus

STAGES
—
SECTORS
HealthTechReal Estate & PropTech
ASSET MIX
Venture capitalDirect investments
GEOGRAPHY
—

Investment arms & vehicles

  • GCO Ventures
    Corporate venturing arm (since May 2023): builds startups and invests directly in startups and as an LP in venture capital funds

Overview

Grupo Catalana Occidente is a Spanish insurance group whose businesses include Occident, credit insurer Atradius and funeral services group Mémora; at the end of 2024 its investments at the entity's own risk were €14.87B. INOC, S.A. (Inocsa), which held 62.03%, launched a takeover bid for the rest (CNMV register no. 427, acceptance period to 28 November 2025) and reached 97.83%, followed by a squeeze-out; OCU describes Inocsa as the Serra family holding. Its corporate venturing arm, GCO Ventures, created in May 2023, builds startups (Adecua, Vivara, Musky, Aurela, Maia), invests directly in Spanish startups (Cuideo, Trak, Eholo) and is an LP in more than 15 venture capital funds, naming Khosla, G Squared, Earlybird, Kfund, Seaya, Mundi Ventures and 4Founders. The group was also among the investors in Mapfre Infraestructuras FCR and sits on its supervision committee.

PORTFOLIO (15)

People

  • José María Serra Farré
    Chairman (at 31 December 2024) · source
  • Hugo Serra Calderón
    Vice-Chairman and CEO (at 31 December 2024) · source
  • Marcos Labori
    Head of Investments, GCO Ventures · source
  • Laura Cots
    Head of Venture Builder, GCO Ventures · source

Links

Frequently asked questions

Grupo Catalana Occidente is a institutional investor based in Madrid, Spain.

Yes. Grupo Catalana Occidente invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Grupo Catalana Occidente invests in HealthTech and Real Estate & PropTech.

Key people at Grupo Catalana Occidente include José María Serra Farré (Chairman (at 31 December 2024)), Hugo Serra Calderón (Vice-Chairman and CEO (at 31 December 2024)), Marcos Labori (Head of Investments, GCO Ventures) and Laura Cots (Head of Venture Builder, GCO Ventures).

Grupo Catalana Occidente's investments include Cuideo, Trak, Eholo, Vivara (venture built by GCO Ventures), Musky (venture built by GCO Ventures), Adecua (venture built with 7R Ventures and Atresmedia), Aurela (venture built by GCO Ventures) and Khosla Ventures (fund LP), among others.

The most recent publicly reported investment by Grupo Catalana Occidente is Trak, announced in Apr 2026.

No. Grupo Catalana Occidente invests its own capital and does not raise money from outside investors.