In venture, some of the most valuable opportunities don’t come with noise or headlines.
They come quietly, after years of execution, learning, and consistent delivery.
This is exactly the story behind haddock.
From Early Conviction to Proven Traction
A few years ago, Arnau Navarro and the haddock team joined the COREangels Barcelona portfolio, backed early by Urs Rothmayr.
The thesis was clear:
- A painful, real-world problem in the restaurant industry
- Founders with deep domain understanding
- A product-first mindset with global ambition
Then came the part that matters most in early-stage investing—but gets talked about the least: time.
COREangels Barcelona didn’t just invest and wait. They stayed close. They observed execution. They supported growth through ups and downs.
The Moment to Double Down
Fast forward three years.
By 2025, haddock had built real operating history and strong momentum. That’s when COREangels made a strategic decision: to join their bridge round and crucially, to open this opportunity to investors beyond the original fund.
For the first time, investors from other COREangels funds and members of the COREangels Syndicate were able to invest alongside us.
The timing proved right.
In just 16 weeks, haddock added $1M+ in new ARR, closing the year at $4M ARR, exceeding internal targets by over 130%.
Not because of hype. But because of:
- Disciplined execution
- Resilient teams
- Strong leadership across product, sales, customer experience, and operations
Why This Matters for Investors
This journey captures a core belief at COREangels:
Not every great investment is about being first. Some of the best opportunities appear after proof is earned.
That belief is the foundation of the COREangels Syndicate.
What the COREangels Syndicate Unlocks
The Syndicate is designed for investors who want access to later-entry and follow-on opportunities in companies we already know well.
Members gain access to:
- Follow-on rounds in COREangels-backed companies with real traction
- Opportunities where COREangels funds and leaders are already invested
- Businesses with operating history, customer validation, and measurable growth
Companies like haddock are not exceptions, they are examples of the kind of opportunities that emerge when you stay patient and close to execution.
Investing Where Conviction Is Built Over Time
At COREangels, we believe long-term conviction beats short-term excitement. We back founders who execute, not just pitch. And when it’s time to double down, we invite our community to come with us.
If you want access to similar opportunities coming from our global portfolio:
