Growth Capital
AcceleratorMilano Β· Series A Β· 2 people tracked
Investment thesis
A-Road focuses on supporting scaleups that have already proven product-market fit and revenue traction, assisting them to achieve Series A funding. The program emphasizes operational excellence through mentorship from established business leaders and provides access to professional services and consulting partners. The program's track record demonstrates strong outcomes, with alumni companies achieving average year-on-year revenue growth exceeding 70% and a success rate above 90% in raising capital.
Source: firm website, verified Aug 6, 2026.
Team Β· 2 people
from the firm's website
What they invest in
from 11 of 30 portfolio companiesSaaS Γ5Fintech Γ3AI & Machine Learning Γ2Healthtech Γ2Logistics & Supply Chain Γ2Marketing Tech Γ2PropTech Γ2Travel & Hospitality Γ2
HQs:ItalyΓ8
Portfolio companies Β· 30 tracked
alumni founders can tell you what the program is really like
Cubbit provides distributed cloud storage infrastructure that combines on-premises and cloud technologies to give companies data sovereignty and cost control.
Cloud ComputingCybersecurityData & InfrastructureDeep TechIoTBologna, IT
Co-investorsCDP Venture CapitalETF PartnersItalian Angels for GrowthMoonstone Venture CapitalPrimo VenturesTechstars+1 more
Holifya offers a medically supervised weight-loss program that combines specialist doctors, nutritionists, and psychologists with GLP-1/GIP drug therapy when clinically appropriate, delivered largely through telemedicine.
Digital HealthHealthtechWellness & Fitness
Karrycar is a vehicle logistics platform for the automotive sector that centralizes and digitizes the movement of vehicles, connecting companies to their existing carriers plus a network of 100+ certified transporters for real-time rate comparison, tracking, and reporting.
Logistics & Supply ChainMobility & TransportationSaaS
StarTric develops a minimally invasive transcatheter device for repairing the tricuspid heart valve, designed to replicate the open-heart Clover surgical technique for treating tricuspid regurgitation.
HardwareHealthtechMedical Devices
Michele De Bonis(Founder)Ottavio Alfieri(Founder)
Co-investorsNLC
TextYess provides AI agents and unified customer data for eCommerce brands to run conversational sales and support across messaging channels like WhatsApp.
AI & Machine LearningE-commerceMarketing Tech
Co-investorsAngel InvestEntourage VenturesMoonstone Venture Capital
WordLift offers a semantic SEO platform that combines natural language processing, knowledge graph technology, and machine learning to help businesses increase organic website traffic and optimize content for voice search and virtual assistants.
AdTechAI & Machine LearningMarketing TechSaaS
Francesco Scavelli(Co-founder & Chief Financial Officer)inAugusto Equizi(Co-founder)Andrea Volpini(Chief Executive Officer)inDavid Riccitelli(Chief Technology Officer)inJason Lam(Chief Product & Operating Officer)inGennaro Cuofano(Chief Revenue Officer)in
Co-investorsPrimo Ventures
Fund performance Β· per public LP disclosures Β· 3
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Growth Capital Partners Fund IIILPs: West Yorkshire Pension Fund | β | β | β | 1.80x | 1.76x |
| Growth Capital Partners Fund IVLPs: West Yorkshire Pension Fund | β | β | β | 1.80x | 1.53x |
| Growth Capital Partners Fund VLPs: West Yorkshire Pension Fund | β | β | β | 1.58x | 0.81x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Growth Capital made?
- Growth Capital has 30 tracked investments.
- What stage does Growth Capital invest at?
- Growth Capital invests at the Series A stage.
- What is Growth Capital's typical check size?
- Growth Capital typically writes checks of $200K.
- What sectors does Growth Capital focus on?
- Growth Capital focuses on Sector Agnostic.
- Where is Growth Capital located?
- Growth Capital is headquartered in Milano, IT.
- Does Growth Capital lead rounds?
- Growth Capital typically participates in rounds rather than leading them.
- Who does Growth Capital co-invest with?
- Growth Capital most often shares deals with Moonstone Venture Capital, Primo Ventures, CDP Venture Capital, among 10 tracked co-investors.
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