Bonsai Partners

Check Size
€250K – €2.5M

Investment Focus

Investment Thesis

Madrid-based multi-stage VC with a hybrid primary and secondary investment strategy in European tech startups, active since 2001. 50/50 Spain-Europe focus. Backed some of Spain's most successful consumer marketplaces and fintech companies.

How to Pitch Bonsai Partners

No Stated Policy
Bonsai Partners hasn't published an outreach policy. A short, specific cold email is the safest default.

Portfolio Highlights

Glovo - on-demand delivery marketplace (unicorn, acquired by Delivery Hero)
Idealista - Spain's largest real estate marketplace (IPO on BME, later acquired)
Wallapop - Spanish second-hand goods marketplace (acquired by Naver, $695M, 2025)

Focus and check size from the firm's website. Website reachable as of Aug 2026.

Ready to Reach Bonsai Partners?

A fit check scores your pitch against their thesis, stage and ticket. An email draft uses their real deals and thesis, not a template.