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Polaroo logo — We simplify the management of other companies utilities, sav...

Polaroo

We simplify the management of other companies utilities, saving costs and time, so they can focus on their core business

Founded 2017 Spain Spain 34 employees Convertible Note Total: $4.42M AI, Finance +3

General Information

Company Name Polaroo
Founded Year 2017
Location Spain Spain +1
Founders / Decision Makers
Team member
Employees 34
Industries AI, Finance, Financial Services +2
Funding Stage Convertible Note
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About Polaroo

Polaroo is a Spain-based startup established in 2017. The company's slogan is "We simplify the management of other companies' utilities, saving costs and time, so they can focus on their core business." Polaroo offers an all-in-one service to simplify and optimize the management of recurrent expenses such as electricity, gas, water, telephone, internet, insurance, and alarms for companies. This is achieved through a unique tool that provides visual, simplified, and immediate access to expense consumption information, combined with a team of experts who optimize and stabilize costs, manage contracts, and handle incidents on behalf of the client. In June 2024, Polaroo received a €1.30M Convertible Note investment from Ignia, marking a significant milestone for the company. The last investment signifies a strong interest from investors in Polaroo's solution, which aims to save both time and money for businesses by simplifying utilities management. Polaroo operates in the industries of AI, Finance, Financial Services, Fintech, and Prop Tech. With its innovative approach to utility management and recent funding, Polaroo appears to be positioned for growth and success in the market.

Taxonomy: Utility Services, Proptech, Operational Efficiency, Cost Optimization, Service Management, Hybrid Technology, Asset Performance, Transformative Technology

Services & Products

Centralized Supply Management
Data Analysis for Business Efficiency
Cost Optimization
Contract Negotiation

Target Customers

Hospitality Industry Real Estate Management Companies Vacation Rental Businesses Coliving Spaces Horeca Businesses (Hotels, Restaurants, Cafes) Retail Businesses

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• 1
Investor
01 Jun 2024
Seed Round •••••• 2
Investor
•••• •••• 		01 Jan 2023
Pre Seed Round •••••• 1 •••• •••• 01 Nov 2019
Angel Round •••••• 2
Investor
•••• •••• 		02 Sep 2019
Pre Seed Round •••••• - 01 Jan 2018

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FAQ About Polaroo

We simplify the management of other companies utilities, saving costs and time, so they can focus on their core business
Polaroo was founded in 2017.
Polaroo is headquartered in Spain.
Polaroo operates in the following industries: AI, Finance, Financial Services, Fintech, Prop Tech.
Polaroo has approximately 34 employees.
Polaroo has completed 5 funding rounds, raising a total of $4.42M. The latest funding stage is Convertible Note.
Polaroo offers: Centralized Supply Management, Data Analysis for Business Efficiency, Cost Optimization, Contract Negotiation.
Top alternatives and competitors to Polaroo include ATS Fleet Tracking, Trisense, Way2VAT , Ruby+Solberg, SoliClub. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Polaroo and ATS Fleet Tracking are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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