# Devengo funding: rounds and investors

> Devengo has raised $2.3M across 1 round since 2025. Investors include Wayra and TheVentureCity. Every round with its source.

Source: https://millionrounds.com/company/devengo (Millionrounds; every figure on the page links to its filing or article)

Spain · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Devengo*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$2.3M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $2.3M Nov 2025
- **Investors:** 2

See who backed them

## The rounds

- **Nov 2025** Seed **$2.3M** [Wayra](https://millionrounds.com/fund/wayra) [TheVentureCity](https://millionrounds.com/fund/theventurecity) Source recorded

## Founders and team

From Devengo's own website: 2 founders, 1 on the team.

**Pablo Pazos Rey** Founder & co-CEO

**Avinash Sukhwani** Co-Founder

- **Ernesto Cortés Torres** Global Product Operations Manager

## Everyone who backed them

[Wayra](https://millionrounds.com/fund/wayra) Corporate VC **1** round

[TheVentureCity](https://millionrounds.com/fund/theventurecity) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=devengo).

## Also claim to have backed them

This firm lists Devengo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Fides Capital](https://millionrounds.com/fund/fides-capital) Private equity Per its own site

## Quick answers about Devengo

### Who invested in Devengo?

Devengo's investors include Wayra and TheVentureCity.

### How much has Devengo raised?

Devengo has raised $2.3M across 1 round since 2025.

### When did Devengo last raise?

Devengo's most recent round was a Seed of $2.3M in Nov 2025.

### What was Devengo's biggest round?

Its most recent round, $2.3M in Nov 2025, is also its largest on record.

### Who backed Devengo first?

Devengo's first round on record, in Nov 2025, was backed by Wayra and TheVentureCity.

### What stage is Devengo at?

Devengo's latest named round is a Seed, in Nov 2025.

### Where is Devengo based?

Devengo is based in Spain.

## Companies like Devengo

In the same sector, and raised in the last eighteen months.

[**ID Finance** $684M · Oct 2026](https://millionrounds.com/company/id-finance)[**Twinco Capital** $422M · Jun 2026](https://millionrounds.com/company/twinco-capital)[**Wio Capital** $1.4M · May 2026](https://millionrounds.com/company/wio-capital)[**Bruc Management** $431M · May 2026](https://millionrounds.com/company/bruc-management)[**ARCA** $2.4M · Apr 2026](https://millionrounds.com/company/arca)[**Cuimo** May 2025](https://millionrounds.com/company/cuimo)

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