Coben Ventures
Coben Ventures is a Bilbao-based early-stage venture capital and startup acceleration platform founded in 2020, deploying ~50,000 EUR tickets into Spanish and Basque Country startups while operating an invitation-only Business Angels community (Coben Club), incubation program (Sherpa), and investor education platform (Academy).
- Company typePrivate
- Founded2020
- HeadquartersEs, Belgium
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Coben Ventures does
Coben Ventures is a private Spanish venture capital and startup acceleration platform headquartered in Bilbao, Bizkaia, founded in 2020 by Idoia Iturbe, Iker Cámara (ex-Ticketbis), and Unai Carmona. The firm operates a multi-line ecosystem comprising Coben Ventures (the primary investment vehicle deploying ~50,000 EUR average tickets into very early-stage startups at their first capital increase, with a portfolio of approximately 25 companies), Coben Club (an invitation-only Business Angels community with committee-based membership), Coben Sherpa (an incubation and acceleration program providing mentorship alongside capital), Coben Academy (an online training platform offering a 7-module investor education program priced at 560 EUR per complete curriculum or 99.99 EUR per individual module), and Coben Services (consulting).
The firm's core "technology" is its proprietary investment methodology, evaluation committees, and curated dealflow infrastructure rather than a software product. It generates revenue through equity investment returns on its portfolio, Academy course fees, and Coben Club membership economics, though revenue figures are not publicly disclosed. The geographic focus is national with particular emphasis on the Basque Country (Euskadi), with occasional international co-investments as strategic exceptions. Portfolio companies span SaaS, marketplaces, healthtech, edtech, sustainability, food delivery, and leisure-tech verticals, with notable investments including Fourvenues, Berba, Legit.Health, APlanet, Ordatic, Fisify, Blaine Box, and Nominis.
The firm co-invests alongside tier-1 Spanish angel vehicles (Angels/Juan Roig), regional development funds (Mondragón Fondo de Promoción), and government innovation programs (CDTI, ENISA), positioning itself as a gateway for institutional capital into Basque and Spanish early-stage startups. Its GTM motion is community-led and event-driven, relying on pitch sessions, the Cobeners community network, and structured dealflow committees rather than traditional fund-raising distribution.
Coben Ventures firmographics
Firmographics- Name
- Coben Ventures
- Legal name
- Coben Business Group S.L
- Website
- https://cobengroup.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Coben Ventures is a Bilbao-based early-stage venture capital and startup acceleration platform founded in 2020, deploying ~50,000 EUR tickets into Spanish and Basque Country startups while operating an invitation-only Business Angels community (Coben Club), incubation program (Sherpa), and investor education platform (Academy).
- Ownership category
- akta.pro rank
Coben Ventures industry classification
Industry- Product category
- Early-Stage Venture Capital
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Venture Studios / Company Builders (FSANAAAH)
- akta.pro secondary industry
- Co-Investment / Direct Allocation Platforms (alongside FoF) (FSANAGAK)
Keywords
Where Coben Ventures is headquartered
LocationHeadquarters
- HQ city
- Es
- HQ country
- Belgium
- HQ region
- Europe
Offices1 record
Markets served
Coben Ventures business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Investment Returns: Coben Ventures generates returns through equity investments in early-stage startups. They invest their own capital alongside other Business Angels in exchange for equity stakes in portfolio companies.
- Academy Training Programs: Online training courses for aspiring Business Angels and startup investors, offering modules on investment methodology, dealflow, legal aspects, and portfolio management.
- Coben Club Membership: Private community of investors with selective investment opportunities, providing ongoing portfolio updates and exclusive access to startup pitches.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Individual course modules covering specific investment topics |
| Subscription | Pay-as-you-go | Complete Business Angel training program (7 modules) |
| Other | Multi-year contract | Investment ticket size |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Coben Ventures product offering
Product offeringCore offering
Coben Ventures is a venture capital vehicle that invests its own capital (typically ~50,000 EUR per deal) into early-stage technology startups at their first capital increase, alongside capital from other Business Angels in the Cobeners community. The investment activity is paired with the Coben Sherpa incubation/acceleration program providing mentorship and hands-on support, and with the Coben Club community platform that curates dealflow for angel investors and tracks portfolio performance.
Product overview
Coben Ventures operates as a venture capital and investment ecosystem composed of multiple interconnected offerings: Coben Ventures (the investment vehicle investing in early-stage startups with ~50,000 EUR tickets), Coben Club (an invitation-only Business Angels community), Coben Sherpa (incubation/acceleration program), and Coben Academy (an educational platform for investor training). The Academy offers a complete 7-module training program for investors and Business Angels at 560 EUR, covering startup investment fundamentals, dealflow sourcing, valuation methodologies, legal aspects, portfolio management, exit mechanisms, and pitching skills. Individual modules are also available at 99.99 EUR each.
Differentiator
Problem solved
Functional benefit
Brands
- Coben Club: Business Angels community accompanying Coben Ventures, accessible by invitation and committee selection.
- Coben Sherpa
- Coben Services
- Coben Academy
Products and services
- Coben Ventures Venture capital investment vehicle that invests its own capital (typical ticket ~50,000 EUR) into early-stage technology startups at their first capital increase, alongside capital from Cobeners Business Angels. Targets B2B and SaaS models with national coverage and emphasis on the Basque Country.
- Coben Club Invitation-only private community of angel investors focused on early-stage startups, providing selected investment opportunities, realistic valuations, portfolio tracking, and a network of like-minded investors.
- Coben Sherpa Incubation Program Incubation and acceleration program for startup projects providing hands-on mentorship and support throughout the early-stage lifecycle, paired with Coben Ventures investment.
- Coben Academy - Programa Completo: Formación Inversores & Business Angels Bundled 7-module online training program for investors and Business Angels covering startup investment fundamentals, dealflow, valuation methodology, legal aspects, portfolio management, exit mechanisms, and pitching skills. Priced at 560 EUR.
Quantifiable outcome
- Portfolio of 25 startups with various exit opportunities
- +1 more outcomes
Companies that use Coben Ventures
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles2 records
Coben Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Coben Ventures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GorillasminorGorillas formed a collaboration agreement with Ordatic (Coben portfolio) to provide exclusive discounts and benefits to Ordatic's restaurant clients, enhancing the value proposition of Ordatic's delivery management platform.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
Coben Ventures competitors and assessment
Company assessmentDirect peers
- Lanzadera: Valencia/Madrid startup accelerator backed by Juan Roig (Mercadona). Comparable to the Coben Sherpa incubation program as a Spanish accelerator for early-stage projects, with the same co-investment ecosystem via Angels.
- Encomenda Smart Capital: Barcelona-based early-stage VC focused on Spanish technology startups. Comparable in stage, sector breadth, and community/network-led origination similar to the Cobeners model.
- Ship2B Ventures: Barcelona-based impact VC and accelerator backing Spanish startups with measurable social/environmental outcomes. Comparable in combining incubation, community, and equity investment across Spain — and notably awarded Coben portfolio company Legit.Health.
- Bbooster Ventures: Spanish early-stage VC combining a public co-investment vehicle with private fund activity across Spain. Comparable to Coben's hybrid community-plus-investment vehicle structure and ticket-size range.
- Bcombinator: Spanish seed-stage VC and incubator based in Barcelona. Directly comparable on stage, regional focus, and incubation-plus-investment hybrid model; co-invested with Coben in Nominis.
- JME Ventures: Spanish early-stage VC investing across Iberia with a thesis-driven, mentor-heavy approach. Closely comparable to Coben on stage, geography, and emphasis on operator support beyond capital.
- K Fund: Madrid-based early-stage Spanish VC that invests in Spanish-speaking founders at pre-seed and seed. Directly comparable to Coben Ventures in stage, ticket size discipline, and pan-Spanish (with regional focus) investment thesis.
Broad incumbents
- Draper B1: Spain-based Draper-network VC investing across Spanish-speaking markets at seed stage. Comparable on stage and geography, and a co-investor in Coben-backed Blaine Box — overlapping dealflow and syndication patterns.
- Wayra (Telefónica): Corporate accelerator and CVC of Telefónica, one of Spain's largest startup-support platforms. Comparable as an early-stage investment-plus-incubation platform targeting Spanish-speaking founders, but with materially deeper corporate backing and global reach.
- Angels (Juan Roig): Large, established Spanish Business Angels investment society led by Juan Roig, which has co-invested in Coben portfolio companies (e.g., Fourvenues €1M round). Comparable as a Spanish angel investing network, but materially larger in capital, member base, and brand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Coben Ventures social profiles
Digital presenceCoben Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Coben Ventures leadership team
Management profileNumber of profiles
Profiles3 records
Coben Ventures subsidiaries and ownership
Company hierarchySubsidiaries1 record
Coben Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Coben Ventures M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Coben Ventures
What does Coben Ventures do?
Coben Ventures is a venture capital vehicle that invests its own capital (typically ~50,000 EUR per deal) into early-stage technology startups at their first capital increase, alongside capital from other Business Angels in the Cobeners community. The investment activity is paired with the Coben Sherpa incubation/acceleration program providing mentorship and hands-on support, and with the Coben Club community platform that curates dealflow for angel investors and tracks portfolio performance.
Is Coben Ventures a public or private company?
Coben Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Coben Ventures founded?
Coben Ventures was founded in 2020. It employs 1 to 10 people.
Where is Coben Ventures based?
Coben Ventures is headquartered in Es, Belgium, in the Europe region.
How does Coben Ventures make money?
Three revenue lines are on record. Investment Returns are the primary driver. The others are academy Training Programs and coben Club Membership.
Who are Coben Ventures's main competitors?
Direct peers on record are Lanzadera, Encomenda Smart Capital, Ship2B Ventures, Bbooster Ventures, Bcombinator, JME Ventures and K Fund. Broad incumbents are Draper B1, Wayra (Telefónica) and Angels (Juan Roig).
Does Coben Ventures have an API?
No public API is recorded for Coben Ventures.
What industry is Coben Ventures in?
Coben Ventures's product category is Early-Stage Venture Capital. Its primary akta.pro industry code is FSANAAAH, Venture Studios / Company Builders, with a secondary code of FSANAGAK, Co-Investment / Direct Allocation Platforms (alongside FoF). Its NAICS code is 523 and its SIC code is 6282.