Barbara IoT S.L. Asset Profile

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Year established

2016

Location

Madrid Spain

Primary Industry

Software

About

Based in Madrid, Spain, and founded in 2017 Barbara IoT S.L. Developer of a cybersecurity platform intended for the industrial internet of things. The company was co-founded by Mr. David Purón, Mr. Isidro Nistal, and Mr. Pablo Portero and has approximately 19 employees. The company's platform acquires data from different sources, both from existing legacy equipment and new sensors and connects that data with different remote systems, existing or newly created ad-hoc to exploit the data that enable companies to manage IoT deployments with a remote and secure tool and digitally transform themselves. The company’s revenue is generated by building an image of Barbara IoT S.L. and install it in a device. At the end of 2021, the company plans to expand its business internationally as they introduced a new center of excellence for Energy and Industry 4.0 in Bilbao and another in Valencia.

Current Investors

Seed Capital de Bizkaia, GoHub Ventures, Caixa Capital Risc

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Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Operating Systems (OS), Monitoring & Security Software

Website

www.barbaraiot.com

Verticals

Artificial Intelligence, Cloud Computing, IoT (Internet of Things)

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2017

430,544

47,573

11%

51,826

12%

43,339

10.1%

31 Dec 2018

560,835

30.3%

37,018

6.6%

41,820

7.5%

28,690

5.1%

31 Dec 2019

397,615

(29.1%)

24,284

6.1%

26,500

6.7%

13,469

3.4%

31 Dec 2020

378,949

(4.7%)

(37,873)

(10%)

(35,654)

(9.4%)

(46,347)

(12.2%)

31 Dec 2021

31 Dec 2022

31 Dec 2023

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