Spanish startup Vermut raises €1.5 million for its app giving retirees a new lease of life
Summary
Born in Barcelona, Vermut has raised its first international funding round and plans a big move to the other side of the Atlantic Ocean. Aiming to change this by empowering older people with an app that promotes a new lease of life and the chance to join a supportive community, is Vermut. This past month, after taking part in the Birdhouse accelerator programme in Belgium, the young startup has been able to soar, picking up this funding round and expanding its international presence. The two founders, who previously worked for Glovo and so well acquainted with Spain’s startup community, launched Vermut to address challenges they saw their own parents struggling with. The founders stated: “The older generation is highly digitalized but until now, a platform or offering of social activities, created specifically for them, didn’t exist.