Typeform, a Spanish digital forms company, receives €29M

, ,
Integral service around a transaction
BY : Diego GutiérrezSeptember Thu, 2017
Typeform, the Spanish leader in web forms, raises more than €29M in a round led by General Atlantic. The company has tripled its turnover in the last year and has been included in the list of the 100 'hottest' startups in Europe by Wired magazine.
About Typeform

Typeform, is a Barcelona-based startup, created in 2013, that has developed software to create, manage and collect online forms and information. The company has grown significantly in recent years, thanks to the support of investors, and is now preparing to make the leap to the US.

Its business model falls into what is known as 'SaaS', companies that offer 'software' as a service whose operation is charged periodically (monthly or yearly). It has a free plan, with a strong limitation both in the number of respondents and in the number of fields to fill in. After that, there are two plans: one for $25 per month and a more comprehensive one for $59.

The forms market has not been exploited by new startups, which still offer very basic services in the sector. Although Typeform does have to face big companies like SurveyMonkey - which has raised almost $700M from investors like Salesforce, JP Morgan, Morgan Stanley or T.Rowe and has annual revenues of more than $200M, and even Google with its Form product.

The company aims to expand in the US. This market accounts for just over half of all revenues. And they want to grow it. They expect to open an office in the first few months of 2018. To this end, they have already created a subsidiary based in the state of Delaware.

Corporate finance analysis Typeform

Typeform, a Spanish digital forms company, receives €29M

Typeform's 2016 results, as reported in the company's commercial register, show revenues of more than €5m. This is more than three times the figure achieved in 2015. For 2017, Typeform expects a turnover of €10M.

Despite its rapid growth, the company is still not profitable (in 2016 it lost just over €2M). This is due to the costs they have had to bear in order to position themselves. One of the highest expense items has been staff costs. In 2016 alone, they spent the same amount on equipment as they invoiced. They closed the year with 155 employees and today there are already 170, three times more than a year earlier. Half is for product (engineering, design...) and the other for operations (with more weight to finance and human resources, with a new office recently opened in Barcelona).

Typeform receives €29M

Typeform has just closed a €29M round, led by General Atlantic, to improve the technology used in its online forms system.

The company founded by Robert Muñoz and David Okuniev already raised a Series A round of $15M in September 2015, which allowed them to establish themselves in San Diego (USA). In addition, Typeform has achieved several recognitions, such as being one of the five most promising Spanish startups for the Tech5 programme or included in the list of the 100 'hottest' startups in Europe by the Wired magazine


Other posts that may interest you

Isp takes control of Antevenio, a digital marketing and communications company

mDigital Dimension buys majority stake in mobile marketing specialist Gigigo

Beabloo, a specialist in digital marketing onmicanal and Big Data has bought Metriplica, focused on online analytics.

If you are looking for investors, you want to buy or selling a companyplease contact us. Abra-Invest has a team of experts in each area at your disposal. Call +34 946424142 or fill in the contact form.


The M&A Professionals

Meet our services



Do you want to be up to date?


Our diferentiation

Market Research Technology
Our team of market analysis specialists is continuously analyzing the investments of the most active markets in the industry in order to unceasingly contribute ideas of the current market situation and identify the most relevant trends for senior management. We integrate the most relevant sources of information which allows us to discover the most interesting companies for venture capital and similarly helps us to identify the investors with the highest probability of involvement in an M&A process to ensure the success of our sell-side operations.

The reports and deductions of our advisors provide a broad view of the sector, both geographically and from the complementary or adjacent markets perspective.
Technology Data Analytics
for M&A
Advanced data anlytics is a weapon". Intelfin is an artificial intelligence tool we use for investing and creating value in SMEs through competitive analytics and the enterprise environment.

IntelFin consists of a cognitive system, which, through the application of advanced analytical technologies, facilitates the automation of investment and financing decisions in the field of non-listed companies and especially SMEs in high-growth sectors.

The information related to these companies is characterized by their lack of transparency and heterogeneity; thus, it is necessary to develop an advanced analysis which is as much predictive as prescriptive and is developed in a natural language custom, suitable to obtain greater clarity and knowledge of the investment scope.

The IntelFin system focuses especially on analyzing the variables that define and influence the competitive environment of a sector and the positioning of a company, analyzing their influence on future value creation. Therefore, IntelFin supports strategic decision-making to senior management by resolving questions such as:

¿What are my competitors' priorities, strategies and expansion plans? Who's my competition? Which competitor is most likely to grow at a higher rate?
Which areas of activity/business models will receive the most investment? Which sectors are most attractive to investors?
Which companies are going to experience the most growth in the near future? Which companies are most likely to receive investment or be acquired?
Training Methodology
We have developed training programs in an innovative set-up which guarantees our teams the acquisition of technical competences both in the field of corporate finance and in the field of psychology, that is much needed when it comes to negotiation processes.

We have a culture of continuous improvement of our processes, closely related to the use of information systems that allow the enhancement of internal communication between our teams, as well as external communication with our customers. Hence, we extend best practices identified internally in an efficient and rapid manner among our members.

Are you one of those who prefer to be well informed when making decisions?