Spain
Top AI Agencies in Madrid
Madrid has 16 curated AI agencies. The top-ranked for 2026 are Plain Concepts, Instituto de Ingeniería del Conocimiento, and QUANT AI Lab. Listed rates in Madrid run €30–65/hr across 9 rated agencies. Madrid is a key hub for FinTech and E-commerce AI work.
- Number of agencies
- 16
- Listed hourly rates in Madrid
- €30–65/hr (9 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 16 AI agencies on this page, 9 carry complete hourly rate ranges. Across them, rates span €20–€130, with a median around €65/hr. Across the register, rated agencies in Madrid bill €30–65/hr (9 rated).
“Of the 16 AI agencies in Madrid on AIAgencies.eu, 9 carry an hourly rate range, from the agency itself or a third-party directory; the median of those 9 is about €65/hr (October 2026).” https:/
/ www. aiagencies. eu/ location/ madrid# market- snapshot
European AI agency hourly rates by country and region →
| Tier | Hourly rate | Agencies |
|---|---|---|
| Budget | Under €100/hr | 8—Unlock Management, Intelygenz, Softspring, Paradigma Digital, Cloud District, Knowmad Mood, Fantasy Space, Odysi |
| Mid-tier | €100–149/hr | 1—Plain Concepts |
Team capacity in Madrid
All 16 agencies on this page disclose team size. The distribution breaks down as:
- Boutique (<10)2 agencies—Softspring, Odysi
- Small/mid (10-49)5 agencies—Unlock Management, Damavis, Fantasy Space, WITH Madrid, Performanze
- Mid studio (50-99)4 agencies—Instituto de Ingeniería del Conocimiento, QUANT AI Lab, Intelygenz, Cloud District
- Large studio (100+)5 agencies—Plain Concepts, Sngular, Paradigma Digital, Babel, Knowmad Mood
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 9 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.

Instituto de Ingeniería del Conocimiento
#2Madrid
Best for: Spanish utilities, public hospitals and large employers bringing a forecasting, clinical-data or Spanish-language modeling problem.

QUANT AI Lab
#3Madrid
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.

Unlock Management
#4Madrid
Best for: Small European B2B teams automating a WhatsApp, invoice or order workflow that already runs inside an ERP or CRM.

Intelygenz
#5Madrid
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.

Sngular
#6Madrid
Best for: Enterprises staffing a multi-year engineering program in infrastructure, banking or back-office automation with a single partner.

Softspring
Verified: the agency confirmed ownership from a company email address, and the listing passed editorial review#7Madrid
Best for: Founder-led products that need one AI feature built properly, with the data boundary and the human checkpoint decided up front.

Paradigma Digital
#8Madrid
Best for: Enterprises and public bodies putting a governed data platform under an AI program, with named references they can check first.

Cloud District
#9Madrid
Best for: Consumer-facing brands and large operators in Spain evolving a digital product over years, with AI added into an existing workflow.

Babel
#10Madrid
Best for: Spanish and Portuguese banks, insurers and public administrations wanting AI delivered by a large integrator with the data work around it.

Damavis
#11Madrid
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.

Knowmad Mood
#12Madrid
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
#13Madrid
Best for: Early-stage founders in Spain who need a product built quickly and will scope any real model work separately.

WITH Madrid
#14Madrid
Best for: Consumer and luxury brands that want a conversion or asset-delivery problem solved and measured, not a model built.

Performanze
#15Madrid
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.
Odysi
Verified: the agency confirmed ownership from a company email address, and the listing passed editorial review#16Madrid
Odysi builds AI agents for customer service: WhatsApp agents that answer customers from the company's own rules, collect photos and documents, open requests in the company's platform and hand unusual cases to a person with the full conversation, and email agents that draft replies a person reviews and sends. We also build AI process automation and AI document review, all built on each client's own rules. Every agent goes live only after passing a written acceptance test agreed with the client, and the client owns the documentation behind it. Odysi is a remote AI studio with its base in Madrid, working with companies across Spain and abroad. It was founded in 2025 by Thomas Trincado and Mike Tucci, who do the work themselves, in English and Spanish.
Industry coverage among Madrid AI agencies
Of the 16 AI agencies in Madrid, 15 disclose an industry focus. Distribution:
| Industry | Agencies with stated experience |
|---|---|
| FinTech | 12 of 16 — Plain Concepts, Instituto de Ingeniería del Conocimiento, QUANT AI Lab, Unlock Management, Intelygenz, Sngular, Paradigma Digital, Cloud District, Babel, Knowmad Mood, WITH Madrid, Performanze |
| E-commerce | 8 of 16 — QUANT AI Lab, Sngular, Softspring, Paradigma Digital, Cloud District, Damavis, Fantasy Space, WITH Madrid |
| SaaS & B2B | 6 of 16 — Unlock Management, Intelygenz, Softspring, Cloud District, Fantasy Space, Performanze |
| Public Sector | 5 of 16 — Instituto de Ingeniería del Conocimiento, Sngular, Babel, Knowmad Mood, Performanze |
| Healthcare | 3 of 16 — Plain Concepts, Instituto de Ingeniería del Conocimiento, Babel |
| Manufacturing | 2 of 16 — Plain Concepts, QUANT AI Lab |
Most common services among Madrid AI agencies
These 16 AI agencies in Madrid most commonly offer:
- AI Consulting16 of 16 — Plain Concepts, Instituto de Ingeniería del Conocimiento, QUANT AI Lab, Unlock Management, +12 more
- AI Development16 of 16 — Plain Concepts, Instituto de Ingeniería del Conocimiento, QUANT AI Lab, Unlock Management, +12 more
- Generative AI6 of 16 — Plain Concepts, Instituto de Ingeniería del Conocimiento, Paradigma Digital, Babel, +2 more
- AI Automation5 of 16 — QUANT AI Lab, Intelygenz, Softspring, Fantasy Space, +1 more
- AI Agents4 of 16 — Unlock Management, Fantasy Space, Performanze, Odysi
Frequently asked questions — AI agencies in Madrid
- What's the rate distribution across AI agencies in Madrid?
- Of the 16 AI agencies on this page, 9 publish complete hourly rate ranges. They range from €20 to €130, with a median around €65. Across the register, rated agencies in Madrid bill €30–65/hr (9 rated). 8 agencies operate under €100/hr: Unlock Management, Intelygenz, Softspring, Paradigma Digital.
- 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, Instituto de Ingeniería del Conocimiento, QUANT AI Lab. 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 16 disclose FinTech experience. Examples include Plain Concepts, Instituto de Ingeniería del Conocimiento, QUANT AI Lab.
- How recent are these AI agency reviews?
- 15 of the 16 agencies on this page have been editorially reviewed between Aug 5, 2026 and Sep 24, 2026 — the most recent being Babel. See our review methodology for how scores are calculated.
- What's the smallest team size available for AI work in Madrid?
- Softspring, Odysi are the boutique studios (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 9 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.
Madrid Agencies by Specialization
Find Madrid-based agencies with deep expertise in your industry.
Madrid Agencies by Service
Need a specific AI service in Madrid? Browse specialists by discipline.
By client type
By engagement model
Looking beyond Madrid? See all AI agencies in Spain →
Explore Other Cities
Need Help Choosing?
Tell us about your project and get a free shortlist of Madrid agencies matched to your needs.
Get Matched →