We’re excited to announce that Upliift has invested in Codeoscopic S.A., one of Spain’s leading insurance technology companies. Through this investment, Upliift has acquired a majority stake in the business marking the start of a long-term relationship focused on scaling innovation, accelerating growth, and expanding internationally. With this operation, both funds that have collaborated up to this stage, Inveready and Bonsai Partners, leave the shareholding.

For over 15 years, Codeoscopic has been at the forefront of digital transformation in the insurance sector. Its flagship platform is used by nearly 1,700 brokerages and over 50 insurers, making it a central player in the Spanish InsurTech ecosystem. The company offers a suite of SaaS solutions that streamline distribution, enhance analytics, and improve decision-making for insurance professionals.

We’re proud to back CEO Ángel Blesa, who remains a significant shareholder and continues to lead the business alongside the existing management team.

Investing for the long term

Ángel Blesa, CEO of Codeoscopic, said:

“Upliift is the right partner for Codeoscopic at the right time. They bring a long-term mindset that allows us to keep building for the future — to remain ambitious and focused on what matters most: innovation, people, and our customers.”

“We’re proud to invest in Ángel and the Codeoscopic team. They’ve built an impressive platform in a specialised and important sector. Codeoscopic is the kind of company we aim to support, a market leader with deep sector expertise, strong product DNA, and a clear long-term growth opportunity. They align seamlessly with our strategy of investing in specialised leaders in niche financial services across Europe. Together, we’re planning to take Codeoscopic to the next level,” added Alex Myers, Co-founder & Co-CEO of Upliift.