Spain
Top AI Agencies in Madrid
Madrid has 15 curated AI agencies. The top-ranked for 2026 are Plain Concepts, QUANT AI Lab, and Intelygenz. Listed rates in Madrid run €30–65/hr across 8 rated agencies. Madrid is a key hub for FinTech and E-commerce AI work.
- Number of agencies
- 15
- Listed hourly rates in Madrid
- €30–65/hr (8 rated agencies)
- Top specializations
- FinTech, E-commerce
- Team sizes
- 2-9 to 1000+
- Known for
- AI Consulting, AI Development
- Working language
- English
Madrid is Spain's corporate capital, and its AI market reflects that: the buyers are banks, insurers, telecoms and utilities with head offices in the city, and the agencies that serve them are built around risk, forecasting and regulated deployment rather than consumer products. Universidad Politécnica and IE supply the talent, and the sector's center of gravity sits closer to quantitative finance than to startup engineering. Rates run below Paris and London for comparable work, and Spanish is the working language at most firms, with English standard at the larger ones.
Intro by Gabor Kiss, curator · How we rank
Market snapshot
Pricing for AI agencies in Madrid
Of the 15 ai agencies on this page, 8 publish complete hourly rate ranges. Across them, rates span €20–€130, with a median around €64/hr. Across the register, rated agencies in Madrid bill €30–65/hr (8 rated).
European AI agency hourly rates by country and region →
| Tier | Hourly rate | Agencies |
|---|---|---|
| Budget | €50–99/hr | 8 — Plain Concepts, Intelygenz, Softspring, Knowmad Mood, Fantasy Space, Paradigma Digital, Cloud District, Unlock Management |
Team capacity in Madrid
All 15 agencies on this page disclose team size. The distribution breaks down as:
- Boutique (<10)1 agency — Softspring
- Small/mid (10-49)5 agencies — Fantasy Space, WITH Madrid, Performanze, Unlock Management, Damavis
- Mid studio (50-99)4 agencies — QUANT AI Lab, Intelygenz, Cloud District, Instituto de Ingeniería del Conocimiento
- Large studio (100+)5 agencies — Plain Concepts, Knowmad Mood, Paradigma Digital, Sngular, Bosonit
Rate card
AI Consulting Rates in Madrid
Listed agency hourly rates in Madrid by seniority. The listed range is €30–65/hr; junior-staffed work sits at the lower end and senior- or lead-led work at the top.
25th–75th percentile of 8 listed agency rate ranges in Madrid, from the European AI agency rate index.
| Role | Typical hourly rate |
|---|---|
| Junior / mid consultant | €30–40/hr |
| Senior consultant | €40–55/hr |
| Lead / principal | €55–65/hr |
Ranked agencies
Rankings updated · Newest review
Plain Concepts
#1Madrid
Best for: Enterprises already committed to Azure that want an AI system delivered by a team with Microsoft-stack depth and named references.
QUANT AI Lab
#2Madrid
QUANT AI Lab is a Madrid AI company building risk, forecasting and decision systems for regulated and operational environments, with offices in Paris, Bordeaux and London.
Intelygenz
#3Madrid
Intelygenz is a Madrid AI consultancy and part of the VASS group, building process automation, machine learning and computer-vision systems for banking and telecoms clients.
Softspring
Verified: the agency confirmed ownership from a company email address, and the listing passed editorial review#4Madrid
Best for: Founder-led products that need one AI feature built properly, with the data boundary and the human checkpoint decided up front.
Knowmad Mood
#5Madrid
Knowmad Mood is a Madrid digital transformation consultancy with a dedicated AI, IoT and data practice serving banking, public-sector and telecom clients.
Fantasy Space
#6Madrid
Best for: Early-stage founders in Spain who need a product built quickly and will scope any real model work separately.
WITH Madrid
#7Madrid
Best for: Consumer and luxury brands that want a conversion or asset-delivery problem solved and measured, not a model built.
Performanze
#8Madrid
Performanze is a Madrid consultancy building custom software, data models and AI agents that consolidate sales, operations and finance for B2B companies and public bodies.
Paradigma Digital
#9Madrid
Paradigma Digital is a data and AI engineering firm in greater Madrid building cloud-native data platforms, machine learning and generative AI for large Spanish enterprises.
Cloud District
#10Madrid
Cloud District is a Madrid digital product and software firm building custom applications, AI and data solutions for B2B and startup clients.
Unlock Management
#11Madrid
Unlock Management is a Madrid AI consultancy building AI strategy, agents and implementation for business and financial clients.
Sngular
#12Madrid
Sngular is a Madrid-headquartered digital engineering group building AI, data-platform and MLOps solutions for finance, retail, telecom and public-sector clients.
Bosonit
#13Madrid
Bosonit is a data and AI consultancy with offices in Madrid and Logroño covering data strategy, engineering, machine learning and generative AI.
Instituto de Ingeniería del Conocimiento
#14Madrid
The Instituto de Ingeniería del Conocimiento is a Madrid research institute at Universidad Autónoma de Madrid selling machine learning, language technology and predictive analytics services.
Damavis
#15Madrid
Damavis is a big-data and machine-learning studio with Madrid and Palma offices building data lakes, models and real-time pipelines for data-driven companies.
Industry coverage among Madrid AI agencies
Of the 15 AI agencies in Madrid, 15 disclose an industry focus. Distribution:
| Industry | Agencies with stated experience |
|---|---|
| FinTech | 12 of 15 — Plain Concepts, QUANT AI Lab, Intelygenz, Knowmad Mood, WITH Madrid, Performanze, Paradigma Digital, Cloud District, Unlock Management, Sngular, Bosonit, Instituto de Ingeniería del Conocimiento |
| E-commerce | 8 of 15 — QUANT AI Lab, Softspring, Fantasy Space, WITH Madrid, Paradigma Digital, Cloud District, Sngular, Damavis |
| SaaS & B2B | 6 of 15 — Intelygenz, Softspring, Fantasy Space, Performanze, Cloud District, Unlock Management |
| Public Sector | 4 of 15 — Knowmad Mood, Performanze, Sngular, Instituto de Ingeniería del Conocimiento |
| Manufacturing | 3 of 15 — Plain Concepts, QUANT AI Lab, Bosonit |
| Healthcare | 1 of 15 — Plain Concepts |
Most common services among Madrid AI agencies
These 15 AI agencies in Madrid most commonly offer:
- AI Consulting15 of 15 — Plain Concepts, QUANT AI Lab, Intelygenz, Softspring, +11 more
- AI Development15 of 15 — Plain Concepts, QUANT AI Lab, Intelygenz, Softspring, +11 more
- Generative AI5 of 15 — Plain Concepts, Knowmad Mood, WITH Madrid, Paradigma Digital, +1 more
- AI Automation4 of 15 — QUANT AI Lab, Intelygenz, Softspring, Fantasy Space
- AI Agents3 of 15 — Fantasy Space, Performanze, Unlock Management
Frequently asked questions — AI agencies in Madrid
- What's the rate distribution across AI agencies in Madrid?
- Of the 15 AI agencies on this page, 8 publish complete hourly rate ranges. They range from €20 to €130, with a median around €64. Across the register, rated agencies in Madrid bill €30–65/hr (8 rated). 8 agencies operate under €100/hr: Plain Concepts, Intelygenz, Softspring, Knowmad Mood.
- Which are the top-rated AI agencies in Madrid?
- Based on our editorial scoring (portfolio quality, business credibility, and case study depth), the top-ranked AI agencies in Madrid are Plain Concepts, QUANT AI Lab, Intelygenz. See the full review on each agency's profile.
- Which industries are best represented among Madrid AI agencies?
- FinTech is the most represented industry among Madrid AI agencies — 12 of 15 disclose FinTech experience. Examples include Plain Concepts, QUANT AI Lab, Intelygenz.
- How recent are these AI agency reviews?
- 8 of the 15 agencies on this page have been editorially reviewed between Aug 5, 2026 and Sep 9, 2026 — the most recent being Performanze. See our review methodology for how scores are calculated.
- What's the smallest team size available for AI work in Madrid?
- Softspring is the only boutique (under 10 people) on this page, ideal for projects needing senior-level attention without large-team overhead.
Hiring Guide
What to Know Before Hiring in Madrid
Rated agencies in Madrid list €30–65/hr — the 25th–75th percentile of 8 listed rate ranges on our rate index. Junior-to-mid consultants sit toward the lower end of that range, senior and lead consultants toward the top. Spanish agencies publish rates less often than Nordic ones, so expect to ask. The gap reflects local cost rather than capability—Madrid's quantitative talent pool is deep, and the banks hire from the same pool the agencies do. For medians and typical bands by region, country and team size, see the rate index at /rates.
Hire here for regulated-sector delivery at a lower rate than the northern capitals, particularly risk modeling, fraud and compliance work where the Spanish banks have been buying AI for years. The city is also the natural bridge for anything that needs to work across Latin America, since the language and the corporate ties already run that way.
Banking and insurance dominate, followed by energy, telecoms and transport—all sectors with large Madrid-headquartered incumbents. That concentration is why the technical work here skews toward forecasting, optimization and risk rather than generative content. For consumer or product AI, Barcelona has traditionally had the stronger startup market.
The established firms do, as a matter of course—their clients are multinational and their documentation is bilingual. Smaller studios may work primarily in Spanish, so confirm which language your deliverables and technical documentation will be written in before scoping.
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