The Madrid-based proptech company Ciudadela has raised 2.7 million euros through a financing round in which Wayra, Athos Capital, Archipiélago Next, Big Sur Ventures, Finaves, Invertidos, and business angels like Juan Urdiales and Felipe Navío, founders of Job&Talent, participated. Founded in 2022, this Spanish startup specializes in the management of homeowners’ associations, helping them through digitalization and the use of artificial intelligence to facilitate estate administration.
Thanks to this financial boost, Ciudadela will be able to accelerate its expansion using the most disruptive technology, allowing it to create innovative solutions and consolidate its position as a leader in the sector. In this way, the platform will be able to automate administrative processes and use real-time data so that the tool can offer homeowners’ associations greater transparency, efficiency, and significant savings.
“At Wayra, we are excited to announce our investment in Ciudadela, a team with a solid track record of scaling companies internationally,” explains Marta Antúnez, Wayra Spain’s investment director. “Their innovative platform allows the digitalization of the traditional estate management sector, bringing more transparency and improving the customer experience. We want to become a strategic partner to help scale their services marketplace, where solutions like energy, alarm systems, IoT sensors, and connectivity services can be integrated at scale, thus offering a smarter and more efficient ecosystem for communities and homes.”
For his part, Ciudadela’s CEO, Jaime Llantada, is convinced that they are “building the future of estate management.” Llantada believes that with this new investment and the backing of influential investors in the sector, they are “in an unbeatable position to lead a deep transformation in an industry that urgently needs modernization. We are not just looking to compete, we want to redefine the market by using artificial intelligence and the most advanced technologies.”
