JOTELULU, S.L.
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JOTELULU, S.L. - overview
Established
2019
Location
Madrid, -, Spain
Primary Industry
Software
About
Based in Madrid, Spain, Jotelulu, S. L. is a provider of cloud services designed specifically for IT distributors and technology companies, facilitating secure and efficient operations in the cloud. Founded in 2019 and headquartered in Madrid, Spain, Jotelulu, S.
L. provides cloud solutions tailored for IT distributors. The company has completed a total of 3 deals, with the latest funding round occurring on December 2, 2024. Jotelulu raised EUR 6.
8 million in this round, led by Kibo Ventures and supported by Adara Ventures, Bankinter, Big Sur Ventures, and G2A Investment Partners. David Amorín serves as both Founder and CEO, bringing expertise from previous entrepreneurial ventures to Jotelulu. Jotelulu offers a comprehensive suite of cloud services aimed at IT distributors and technology firms. Their primary products include high-performance cloud servers, Remote Desktop solutions, Disaster Recovery services, and scalable storage options like File Storage and Object Storage.
These services address essential business needs and enable seamless migration from existing infrastructures, catering to a diverse client base that includes SMEs and larger enterprises across Europe, Latin America, and select regions in North America. In 2023, Jotelulu reported revenue of EUR 3,012,574. 10. The company operates on a subscription-based model for its cloud services, structured to facilitate B2B relationships.
Transactions typically involve clients purchasing service packages comprising various cloud offerings, with pricing reflecting the value of high-performance servers and secure Remote Desktop services, thereby supporting scalable growth for clients. Following its latest venture funding of EUR 6. 8 million secured on December 2, 2024, Jotelulu plans to utilize these resources to expand its operations in Europe and Latin America. This strategic initiative aims to strengthen its global presence in the cloud services sector.
Current Investors
Big Sur Ventures, Bankinter, Adara Ventures
Primary Industry
Software
Sub Industries
Accounting/Finance Software, Monitoring & Security Software, Sales & Marketing Software, Storage Management Software
Website
www.jotelulu.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Series A
Total Amount Raised
Subscriber access only
JOTELULU, S.L. - timeline of key events
JOTELULU, S.L. - financials
| Fiscal Year Ended | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 1,060,288.3 | 1,195,415.8 | - | 997,575.6 | 526,469.8 | - | - | - |
| % Revenue Growth (YoY) | - | 12.7% | - | - | (47.2%) | - | - | - |
| EBITDA (USD) | 78,391.3 | 16,167.3 | 110,671.7 | 121,554.9 | 92,960.1 | - | - | - |
| Operating Income (USD) | 56,562.7 | 3,063.4 | 100,221.2 | 90,092.3 | 27,066.2 | - | - | - |
| Operating Margin | 5.3% | 0.3% | - | 9.0% | 5.1% | - | - | - |
| % EBITDA Margin | 7.4% | 1.4% | - | 12.2% | 17.7% | - | - | - |
| NET Income (USD) | 49,189.3 | 2,738.7 | 75,824.2 | 63,995.2 | 25,610.8 | - | - | - |
| % Net Margin | 4.6% | 0.2% | - | 6.4% | 4.9% | - | - | - |
JOTELULU, S.L. - employee data
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