Vottun S.L.

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Vottun S.L. - overview

Established

2017

Location

Barcelona, -, Spain

Primary Industry

Software

About

Vottun S. L. specializes in blockchain development, offering APIs and tools for creating, deploying, and managing decentralized applications across multiple blockchain networks. Founded in 2017 in Barcelona, Spain, Vottun S.


L. develops innovative blockchain solutions. The company has successfully completed two deals, with the most recent funding round occurring on May 25, 2023. Vottun raised EUR 200,000 in Seed funding led by LLYC Venturing.


Marta Valles is the founder, and Luis Carbajo serves as CEO. Vottun has not undergone any significant business pivots or changes in ownership. Vottun offers a comprehensive suite of blockchain development APIs and tools designed to facilitate the creation, deployment, and management of decentralized applications (dApps) across multiple blockchain networks. Their core products include APIs for deploying smart contracts, creating and managing ERC-20 tokens, and generating NFTs on various blockchain platforms.


Additionally, Vottun provides an IPFS API for data storage and access, as well as a Custodied Wallet API that allows businesses to create integrated wallets for their users. These offerings serve a diverse client base, including enterprises such as Bimbo, Mediapro, and the World Bank, with applications across industries like gaming, finance, and supply chain management. Vottun's products are marketed and utilized in key geographical regions, including Europe, North America, and Latin America, targeting both established companies and developers seeking to transition into the Web3 landscape. Vottun's revenue model is primarily driven by transaction-based fees associated with its suite of APIs and services, including subscriptions for ongoing access to its tools.


For the most recent year, 2022, Vottun reported revenue of EUR 434,309. 1 and an EBITDA of EUR 330,749. 6. Clients engage in business transactions by integrating Vottun’s APIs into their platforms, generating fees for each on-chain transaction processed through Vottun’s technology.


The structure typically involves B2B partnerships where companies subscribe to Vottun's services, allowing them access to development tools and support. In May 2023, Vottun S. L. raised EUR 200,000 in Seed funding, which will be utilized for business growth acceleration and expanding its market reach.


The company plans to introduce new products and enhance its offerings to better serve its customers. Additionally, Vottun aims to expand into new markets across Europe and Latin America by the end of 2024.


Current Investors

Lanzame, DraperB1, LLYC Venturing

Primary Industry

Software

Sub Industries

Application Integration Software

Website

www.vottun.com

Verticals

Blockchain

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Vottun S.L. - timeline of key events

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Vottun S.L. - financials

Fiscal Year EndedDec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)30,814.3203,147.7264,177.5---
% Revenue Growth (YoY)-559.3%30.0%---
EBITDA (USD)(256,644)24,659.586,743.2---
Operating Income (USD)(256,644)(2,071.7)(35,801.8)---
Operating Margin(832.9%)(1.0%)(13.6%)---
% EBITDA Margin(832.9%)12.1%32.8%---
NET Income (USD)(256,644)(10,645.4)(46,556.9)---
% Net Margin(832.9%)(5.2%)(17.6%)---

Vottun S.L. - employee data

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