MedUX secures strategic financing agreement with Banco Santander
Madrid, June 9, 2025. MedUX, a company led by Luis Molina and backed by BTS Group and Inveready, the Spanish firm specializing in objective measurement of digital user experience (QoE), has secured a strategic financing agreement to accelerate its international growth. The transaction, led by Banco Santander and accompanied by a capital increase from its current shareholders, strengthens the company’s financial position and its vision of global leadership in digital quality solutions.
This new financing will enable the execution of an ambitious expansion plan that includes strategic acquisitions — one in Europe and another in Latin America — as well as the reinforcement of organic growth in key markets such as North America and the Middle East.
“This agreement represents a milestone for MedUX. Having the support of Banco Santander and the renewed commitment of our current investors allows us to accelerate our global strategy and consolidate our leadership in digital experience.”
— Luis Molina, CEO of MedUX
With an active presence in more than 30 countries, MedUX partners with some of the world’s leading telecommunications operators, including Telefónica, Vodafone, AT&T, Orange, Claro, among others, as well as numerous regulators and governments. Its proprietary, multi-platform technology, capable of assessing digital service quality across both mobile and fixed networks, combines large-scale data collection (crowdsourcing), specialized measurement robots, and intelligent analytics that generate real-time insights. These capabilities are already being leveraged by operators, regulators, and enterprises to monitor service performance, ensure regulatory compliance, and support strategic decision-making.
In Spain, MedUX collaborates with the National Commission on Markets and Competition (CNMC) on the first dual official campaign launched by the regulator to measure user experience in telecommunications services, setting a precedent for industry oversight and improvement. The company also works with the country’s main telecommunications operators, including Telefónica, Orange, Vodafone, Digi, Finetwork, Avatel, among others.
Looking ahead to 2025, the company forecasts growth exceeding 40% for the second consecutive year, surpassing €15 million in revenue. This transaction strengthens its position as a leading technology platform for objective measurement of digital quality, aligned with its vision of building the largest global ecosystem focused on user experience.
For media inquiries or further information, please contact:
Jaime González, CMO
📧 jaime@medux.com
📞 +34 690266571
🌐 www.medux.com
ABOUT MEDUX
MedUX is the leading Quality of Experience (QoE) company, providing innovative solutions for measuring the performance of fixed, mobile, and digital networks and services. With operations in over 30 countries across Europe, the Americas, Africa, and the Middle East, MedUX monitors more than 80 operators worldwide. Its patented technology empowers operators, regulators, and enterprises to optimize networks, ensure regulatory compliance, and enhance customer experience.
ABOUT BTS GROUP
BTS Group is a leading investment group driving innovation and growth in the global telecommunications and technology sectors. Through its portfolio of companies, BTS Group delivers advanced solutions in voice, cloud telephony, messaging, omnichannel services, digital identity, eSIM connectivity, and digital transformation, serving operators, enterprises, and digital players worldwide. With a strategic vision focused on scalability, technological excellence, and long-term value creation, BTS Group promotes the development of next-generation communication solutions and accelerates innovation on a global scale.
ABOUT INVEREADY
Inveready is a leading financial services firm specializing in alternative assets, wealth management, and traditional investment funds. Founded in 2008 as a venture capital investment fund, Inveready has evolved into one of the most active investment firms in the small and medium-sized enterprise segment in Spain, currently managing over €2.1 billion. The financial group organizes its services into three main business lines: “Alternative Assets,” encompassing various direct investment strategies (Venture Capital, Life Sciences, Venture Debt, Strategic Public Equity, Private Equity, and Infrastructure); “Wealth Management,” where they advise clients on a range of products and value-added services; and “Investment Funds,” which invest in small-cap equities with a value investing approach through the fund manager True Value. With more than 60 employees, Inveready is headquartered in San Sebastián, with offices in Barcelona and Madrid. The firm has been recognized as “Best Venture Capital Firm” in 2017 by SpainCap and “Best European Venture Debt Fund” in 2023 by Preqin, among other accolades.