Pulpomatic added EUR 5 million in capital investment

Pulpomatic, a Madrid, Spain-based software company, announced the completion of a EUR 5 million ($5.6M) capital investment round.

The funding was provided by the Israeli&Madrid-based venture company Swanlaab Venture Factory and included México Ventures.

Pulpomatic, founded in 2017 by CEO Javier Arambarri, is a software developer of an online platform intended to offer specialized vehicle management services. The company's platform integrates all fleet-related data and services on one single platform, keeps track of all fleet's activities and expenses and analyzes fleet's profitability, enabling fleet owners to make better decisions and optimize their fleet operations. Pulpomatic has 35 employees and is active in Spain and Mexico, which bring in more than 90% of the business from clients including Telefónica, Zeiss, Michel Page and Ezentis.