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Spanish technology company RepScan opens a 4 million financing round to consolidate its international expansion and accelerate its artificial intelligence-based technology.
Madrid, March 5, 2024 – Spanish technology company RepScan, a leader in improving online reputation for individuals and businesses by removing negative content, has announced a Series A funding round to raise €4 million. The main objective is to consolidate its international expansion and strengthen its artificial intelligence-driven technology.
Among the company’s achievements in its three-year trajectory are the signing of more than 1,200 contracts and surpassing the milestone of the first million euros in sales, a significant achievement in the field of technological innovation. In addition, the company already has offices and clients in the United States through its subsidiary based in Los Angeles and Miami, and with clients in more than 45 countries.
RepScan operates under a SaaS (Software as a Service) model, providing companies with access to a proprietary platform. This tool enables real-time detection of harmful content through a search engine specialized in negative reputation. In addition, it offers the ability to assess the probability of elimination and manage the mitigation of such content. It also allows the management of reviews of several establishments from a single interface. Companies can monitor their online reputation index through RepScan’s Digital Reputation Score, allowing them to measure both negative and positive perception and compare themselves with their competitors.
Additionally, RepScan provides a platform for individuals, enabling the removal of various types of content, such as photos, videos and personal data. This option is crucial to address urgent situations, as the first moments are critical to stop the spread of negative digital content.
It should be noted that Repscan has achieved 96% efficiency in the removal of content on the Internet, always acting in an ethical and legal manner.
Among the products developed, the “Red button against cyberbullying” stands out, an emblematic initiative that underlines the company’s commitment to society. This innovative solution has established itself as a pioneer in the fight against this scourge which, according to the UN report, causes thousands of suicides among adolescents every year. An example of its impact is its implementation by Real Betís Balompie, which has adopted this solution to protect both its youth team and its men’s and women’s teams, guaranteeing the urgent removal of harmful content from the Internet.
“The Internet is a vast space that hosts content of great interest, but it is also a platform conducive to spreading offensive content anonymously. With RepScan, we have developed a technology that seeks to restore the rights of companies and individuals online. Our goal is to restore their right to truth, honor, oblivion, self-image, second chance and digital reintegration,” explains Josep Coll, co-founder of RepScan. “This round of funding will allow us to expand our business, consolidate our international presence and strengthen our technology department to further automate search and removal processes for harmful content on the internet using artificial intelligence.”
“The Internet is a vast space that hosts content of great interest, but it is also a platform conducive to spreading offensive content anonymously. With RepScan, we have developed a technology that seeks to restore the rights of companies and individuals online. Our goal is to restore their right to truth, honor, oblivion, self-image, second chance and digital reintegration,” explains Josep Coll, co-founder of RepScan. “This round of funding will allow us to expand our business, consolidate our international presence and strengthen our technology department to continue automating search and removal processes of harmful content on the Internet through artificial intelligence.”
Repscan is the second technology project of an outstanding entrepreneurial team, composed of Mar Jufresa, Coque Moreno, Lluis Llorens and Josep Coll. In 2009, they successfully started Red Points, today one of the most important Legaltech companies in the world and one of the 20 Spanish 2024 candidates for Unicorn *.
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Alberto Gomez
Communication and More
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Great news from RepScan! 🌟🚀
It is with great enthusiasm that we announce that Natalia Olson-Urtechowho was a former White House Entrepreneurship Advisor during the Obama presidency, joins our team as an Advisor and member of the Investor Committee.
Natalia brings a vast experience in innovation, technology and economic development. His track record includes leading sustainable infrastructure projects, working on transportation, water and energy issues, and promoting inclusion and economic development.
Welcome Natalia Olson-Urtecho to RepScan! We are honored to have her on board, bringing her experience and vision to further drive our growth and success.
RepScan, a leading company in online reputation management of companies and people, announces the beginning of a new phase. Alejandro Castellano, co-founder of the company together with Mar Jufresa, Coque Moreno and Josep Coll, embarks on the a new business project. This transition marks an exciting chapter in growth for both parties.
We at RepScan would like to express our most sincere gratitude to Alejandro for his valuable contribution and dedication. Alejandro, who continues as a partner supporting our mission, expresses its deep appreciation for the years of fruitful collaboration and significant moments shared. This change is a natural and positive evolution in the field of entrepreneurship. and reflects the dynamism and flexibility of RepScan. This professional evolution of Alejandro has been decided jointly and has the full support of all of the partners. It has been developed through an open and collaborative dialogue, always prioritizing what is best for RepScan.
The entire team has worked on this opportunity with the objective of guaranteeing the continuity and enhance future growth:
“From RepScan we continue
committed to building on the solid foundations established with the help
of Alejandro” – declares Josep Coll, CEO of the company.
We celebrate and support Alejandro in his new business venture.
We are confident that he will take his passion and experience to new and exciting
projects, and we wish him success on his journey.
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