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▶ 59:50 · $INNOVAMAT · Innovamat achieves negative working capital via 7-year advance payments from US districts
episode briefing
itnig

Terafab, mercado del software y el gran problema de las startups | Tertulia Itnig

2026-03-27 · 11 company · 9 thematic
sentiment
7 bull1 bear3 neu
speakers
albert nieto

Founded Seedtag in 2014, scaled to $400M revenue, 800 people, 18 countries. Led US expansion from $0 to $200M in 3 years. Recently transitioned to non-executive chairman, exploring growth equity fund focused on €2-5M EBITDA companies.

andreu doti

Founded Innovamat in 2017, math education platform in 9 countries, 2,600 schools, 600K students, €25.7M revenue. Pioneered teacher-endorsement strategy for US district sales, achieving 20% US revenue in year one. Relocating to Brooklyn to lead US expansion.

david roca

Former primary school teacher (10+ years) and project director at 12-school group in Catalonia. Building AI writing assessment tool for teachers (handwritten essay scanning, rubric-mapped feedback). Early traction: 60 active teachers, 3K texts processed. Raising €500K pre-seed.

jordi romero

Co-founder and CEO of Factorial, an HR software unicorn. Led Series D raise ($150M at $2.5B valuation) and $540M Customer Value Fund from General Catalyst. Previously built and scaled Factorial from Series A (2020) through unicorn status (2022). Known for transparent governance (3-board-seat structure) and employee liquidity programs.

bernat farrero

Host of the itnig tertulia podcast. Discusses AI, technology, and startup ecosystem trends with guests.

quote
“Los clientes te pagan advance 7 años... si miras el cash flow somos muy rentables, así que al final es lo que manda.”
—andreu doti
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