# AI Agencies in Madrid, Spain

> 15 agencies in Madrid, ranked by published evidence — portfolio quality, credibility, and profile completeness.

Canonical page: https://www.aiagencies.eu/location/madrid
Generated: 2026-09-17 · Curated by Gabor Kiss · No paid placements — inclusion, score, and rank are never sold.

Listed hourly rates in Madrid: €30–65/hr (25th–75th percentile of 8 listed agency rate ranges).

## Ranked roster
1. **Plain Concepts** — Madrid, Spain · €85-130/hr (directory-listed) · team 250+ · founded 2006 · services: AI Consulting, AI Development, Generative AI · 4 documented client engagements with source URLs · reviewed 2026-09-07 · https://www.aiagencies.eu/agency/plain-concepts
2. **QUANT AI Lab** — Madrid, Spain · rate not published · team 50-249 · founded 2019 · services: AI Consulting, AI Development, AI Automation · reviewed 2026-08-05 · https://www.aiagencies.eu/agency/quant-ai-lab
3. **Intelygenz** — Madrid, Spain · €45-85/hr (directory-listed) · team 50-249 · founded 2002 · services: AI Consulting, AI Automation, AI Development · 1 documented client engagement with source URLs · reviewed 2026-09-07 · https://www.aiagencies.eu/agency/intelygenz
4. **Softspring** — Madrid, Spain · €50-75/hr (agency-confirmed) · team 2-9 · founded 2018 · services: AI Consulting, AI Development, AI Automation · 3 documented client engagements with source URLs · reviewed 2026-09-07 · https://www.aiagencies.eu/agency/softspring
5. **Knowmad Mood** — Madrid, Spain · €20-40/hr (directory-listed) · team 1000+ · founded 1994 · services: AI Consulting, AI Development, Generative AI · 1 documented client engagement with source URLs · reviewed 2026-09-09 · https://www.aiagencies.eu/agency/knowmad-mood
6. **Fantasy Space** — Madrid, Spain · €20-40/hr (directory-listed) · team 10-49 · founded 2020 · services: AI Development, AI Agents, AI Automation, AI Consulting · 3 documented client engagements with source URLs · reviewed 2026-09-09 · https://www.aiagencies.eu/agency/fantasy-space
7. **WITH Madrid** — Madrid, Spain · rate not published · team 10-49 · services: AI Consulting, AI Development, Generative AI · 3 documented client engagements with source URLs · reviewed 2026-09-09 · https://www.aiagencies.eu/agency/with-madrid
8. **Performanze** — Madrid, Spain · rate not published · team 10-49 · services: AI Consulting, AI Development, AI Agents · reviewed 2026-09-09 · https://www.aiagencies.eu/agency/performanze
9. **Paradigma Digital** — Madrid, Spain · €20-40/hr (directory-listed) · team 250+ · founded 2007 · services: AI Development, AI Consulting, Generative AI · https://www.aiagencies.eu/agency/paradigma-digital
10. **Cloud District** — Madrid, Spain · €45-85/hr (directory-listed) · team 50-249 · founded 2010 · services: AI Development, AI Consulting · https://www.aiagencies.eu/agency/cloud-district
11. **Unlock Management** — Madrid, Spain · €45-85/hr (directory-listed) · team 10-49 · founded 2019 · services: AI Consulting, AI Agents, AI Development · https://www.aiagencies.eu/agency/unlock-management
12. **Sngular** — Madrid, Spain · rate not published · team 1000+ · founded 2014 · services: AI Development, AI Consulting · https://www.aiagencies.eu/agency/sngular
13. **Bosonit** — Madrid, Spain · rate not published · team 250+ · founded 2015 · services: AI Consulting, AI Development, Generative AI · https://www.aiagencies.eu/agency/bosonit
14. **Instituto de Ingeniería del Conocimiento** — Madrid, Spain · rate not published · team 50-249 · founded 1989 · services: AI Consulting, AI Development · https://www.aiagencies.eu/agency/instituto-de-ingenieria-del-conocimiento
15. **Damavis** — Madrid, Spain · rate not published · team 10-49 · founded 2018 · services: AI Development, AI Consulting · https://www.aiagencies.eu/agency/damavis

## Compared head-to-head
Curated comparison pages (published rates, team size, coverage, projected 12-week engagement cost, and the curator's verdict on both sides — pairings are never sold):
- Intelygenz vs Plain Concepts: https://www.aiagencies.eu/compare/intelygenz-vs-plain-concepts
- Intelygenz vs QUANT AI Lab: https://www.aiagencies.eu/compare/intelygenz-vs-quant-ai-lab
- Plain Concepts vs QUANT AI Lab: https://www.aiagencies.eu/compare/plain-concepts-vs-quant-ai-lab

## About this market
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.

## Questions buyers ask

### How much do AI agencies in Madrid charge?
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.

### Why hire an AI agency in Madrid?
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.

### Which industries do Madrid AI agencies specialize in?
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.

### Do Madrid agencies work in English?
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.

### 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.

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Source: AIAgencies.eu — the curated register of European AI agencies. Rate provenance: "agency-confirmed" = disclosed via submission or claimed profile; "directory-listed" = Clutch or two agreeing B2B directories (lone unverified sources are never written). Full method: https://www.aiagencies.eu/methodology · Rate index: https://www.aiagencies.eu/rates