Abastores

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Abastores - overview

Established

2019

Location

Madrid, -, Spain

Primary Industry

Internet

About

Founded in 2019, and based in Madrid, Spain, Lonja Online Española SL, dba Abastores, operates as an online market for buying and selling agricultural raw materials such as corn, wheat, flour, and sugar. In August 2022, Lonja Online Española SL raised EUR 0. 34 million in venture funding from ENISA and PEX-Invest in Castilla-La Mancha. As of 2022, Carlos García is the CEO of the company.


The company offers a digital platform focused on the cereal industry with everything operators need, including access to real market data and alternatives for purchase and sale across the national territory and ports. The firm offers farmers a technological substitute for their conventional method of selling the produce, which reduces costs and streamlines operations. The organization plans to use the August 2022 funding to support both the recruitment of farmers and the implementation of development improvements to further strengthen its position in the cereal sector in Spain.


Current Investors

PEX-Invest in Castilla-La Mancha, ENISA, Rockstart Enterprises

Primary Industry

Internet

Sub Industries

Web Applications, Analytics & Performance Software, Sales & Marketing Software, Agribusiness

Website

www.abastores.com

Verticals

Agtech, E-commerce

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Abastores - timeline of key events

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Abastores - financials

Fiscal Year EndedDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)7,715.4---
% Revenue Growth (YoY)----
EBITDA (USD)(2,714.8)---
Operating Income (USD)(2,714.8)---
Operating Margin(35.2%)---
% EBITDA Margin(35.2%)---
NET Income (USD)(3,669.4)---
% Net Margin(47.6%)---

Abastores - employee data

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