Fundraising Fox

Italian Founders Fund

Venture capital

Italy · Pre-Seed–Series A · 11 people tracked

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Investment thesis

Italian Founders Fund backs early-stage companies with Italian DNA: startups born in Italy, expanding into the country, or founded by Italians globally. Built by former founders who returned to Italy to create the VC they wished they had, the firm leverages a network of top Italian builders and entrepreneurs. It leads or co-leads early rounds, writing initial checks of EUR250k to EUR3m from Pre-Seed to Series A, and helps portfolio companies unlock global capital when scaling. The firm emphasizes speed, transparency, founder-friendly terms, and active support from its operating team and founder community, seeking ambitious founders with a global mindset.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$270K – $3.3M
HQ
Italy, IT
Leads rounds
Leads
Instruments
Equity
Founded
2023
Last 12 months
2 investments
AUM
$54M
Tracked investments
28

Team · 11 people

from the firm's website & curated & public directories
Alessandra Santi· Investment Analystin

What they invest in

from 26 of 28 portfolio companies

AI & Machine Learning ×16Enterprise Software ×13SaaS ×12Data & Infrastructure ×4Fintech ×4HR Tech ×4Energy ×3Healthtech ×3

HQs:Italy×8European Union×3United States×2Iceland×1

Investments · 28 tracked

founders shown can be your intro path

By year:2026 · 22024 · 13 dated

Aquilaaquila.isin

Aquila provides project finance for sustainable projects in Southeast Asia, drawing on its team's leadership experience in the field.

CleantechClimate TechEnergyFintech

Brumbrumpatenti.itin

BRUM is an app-based platform that helps users prepare for and obtain their Italian driving license (patente B) through interactive quizzes, practice tests based on official ministry questions, guided lessons, and document management.

EdTech

Cassandracassandra.appin

Cassandra is a self-service marketing measurement platform that combines marketing mix modeling (using open-source foundations like Project Robyn and Google Meridian) with geo-lift incrementality experiments to help marketing teams measure advertising impact without consultants or technical expertise.

AdTechMarketing TechSaaS

Gabriele Franco(Co-founder)

Co-investorsPitchdrive

Cato AIget-cato.comin

Cato is a platform that helps companies identify and bid on public procurement opportunities (gare d'appalto) more efficiently.

AI & Machine LearningEnterprise Software

Co-investorsHeartfelt Capital

Commerce Claritycommerceclarity.comin𝕏

CommerceClarity is an AI agent platform for retail catalog operations that automates product data enrichment, translation, field extraction, and channel-ready formatting on top of a retailer's existing PIM, ERP, and DAM.

AI & Machine LearningE-commerceRetail Tech

Co-investorsEntourage Ventures

Complaioncomplaion.com

Complaion provides compliance and certification services centered on ISO standards (including 9001, 27001, 42001, 14001, 45001, 50001) with lead auditors and product tools.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSMilano, IT

Edoardo Tarricone(CEO, Lead Auditor)Marco Cortinovis(COO, Lead Auditor)Alessandro Vaccarino(CTO, Lead Auditor)

Co-investorsEnzo VenturesItalian Angels for GrowthMoonstone Venture Capital

Compricompri.aiin

Compri builds AI agents that integrate with ERPs and data sources to automate procurement tasks such as sourcing, negotiation, and supplier management.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareSaaSMilan, EU

Co-investorsDFF Ventures

Fleequidfleequid.comin

Fleequid operates a European online marketplace for buying and selling used buses and coaches, offering fixed-price sales and auctions with independent vehicle inspections, secure payments, and cross-border delivery logistics.

Logistics & Supply ChainMarketplaces

Co-investorsDFF Ventures

Glautglaut.comin

Glaut is an AI-powered market research platform that runs AI-moderated voice interviews and performs automatic thematic coding, entity recognition, and interpretative analysis of open-ended responses, delivering dashboards, CSV/SPSS exports, and executive reports.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSEurope, EU

Co-investorsBrainstorm Ventures

Invertixinvertix.aiin

Invertix is an AI-powered renewable energy operating system that uses autonomous agents to audit telemetry data, automate operations and maintenance, and ensure financial compliance for solar, wind, and storage portfolios across Europe.

AI & Machine LearningEnergySaaSViterbo, IT

Kaan Durmaz(CTO)

Jet HRjethr.cominSep 2024

Jet HR is an Italian platform for hiring, managing, and paying employees in Italy, and it offers a free database of Italian venture capital firms, angel investors, incubators, and accelerators for startup founders raising capital.

FintechHR TechSaaSMilan, IT

Francesco Scalambrino(Founder)inHR Tech SaaS Francesco Scalambrino(Founder)Marco Ogliengo(Founder & CEO)in

Co-investorsClub degli InvestitoriFiDi VenturesLVenture GroupMoonfire VenturesPICUS CAPITALProximity Capital+4 more

Klearlyklearly.euin

Klearly provides an integrated payment solution for the Horeca (hotel, restaurant, and café) industry, connecting payment infrastructure with businesses' existing POS systems.

FintechFoodTechSaaS

Sam Koekoek(Founder)in

Co-investorsAcurio VenturesAntlerPayPal VenturesShapers

Klearlyklearly.comin𝕏

Klearly is a predictive analytics platform that helps B2B revenue teams—including sales, marketing, and customer success—interpret their data to forecast future opportunities and identify patterns that drive revenue growth.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSales Tech

Alex Krawchick(Co-founder)Eric Pfahl(Co-founder)Matt Webbink(Co-founder)

Co-investorsStudio VC

Mama health technologies GmbHmamahealth.comin

mama health operates an AI-driven platform that collects patient experiences from people with chronic conditions such as endometriosis and turns them into clinical insights for doctors and researchers.

AI & Machine LearningDigital HealthHealthtech

Co-investorsBrandenburg KapitalSenovo

Manufactmanufact.comin𝕏

Manufact provides a platform and open-source SDK for developers to build, test, and deploy MCP (Model Context Protocol) applications and servers for AI agents and chat interfaces like ChatGPT and Claude.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US

Pietro Zullo(Founder)inLuigi Pederzani(Founder)in

Co-investorsY CombinatorPeak XV Partners

Paradigmaparadigma.incin𝕏

Paradigma builds infrastructure for autonomous research, enabling automated research workflows and operations.

AI & Machine LearningData & InfrastructureDeep Tech

Pillarpillar.itin

Pillar builds software combining operations, administration, and embedded financial services for construction companies, including financing and AI-driven tools.

AI & Machine LearningConstruction TechEnterprise SoftwareFintechSaaS

GabrielPaoloLorenzo

Co-investorsEmblemItalian Angels for Growth

Platonic Researchplatonicresearch.com

Platonic records desktop and browser activity to use AI for reconstructing workflows, process maps, and automation opportunities for enterprise operations teams.

AI & Machine LearningEnterprise SoftwareSaaS

ReportAIdreportaid.aiin
Salupaysalupay.itin

Salupay is a back-office software platform for managing insurance claims in healthcare facilities, automating the complete cycle from pre-acceptance through settlement.

Enterprise SoftwareHealthtechSaaS

SAVAsava.healthin𝕏

Sava develops a wearable biosensor that continuously monitors multiple biomarkers (glucose, lactate, ketones, sodium, histamine, urea, alcohol, cortisol) in real-time, delivering health data to a mobile app for preventative health monitoring and chronic disease management.

HardwareHealthtechMedical Devices

Renato Circi(Founder)inRafaël Michali(Founder)in

Co-investorsBalderton CapitalExceptional VenturesNorrsken VC

Seltzseltz.aiin𝕏

Seltz provides web knowledge infrastructure for large language models and autonomous AI agents, offering continuously updated, high-quality data with precise retrieval capabilities designed for machine reasoning.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software

Co-investorsUnited Ventures2100 VenturesMango CapitalSpeedinvest

Skillvueskillvue.aiin

Skillvue offers a skills data platform that uses AI and scientific methods to give enterprises predictive data on employee talent and competencies, integrating with existing HR systems.

AI & Machine LearningEnterprise SoftwareHR TechSaaSMilan, IT

Sonagetsona.cominApr 2026 · $45M

Sona is a workforce management platform that uses AI to help large organizations optimize labor efficiency, staffing decisions, and HR operations across multiple locations.

AI & Machine LearningEnterprise SoftwareHR Tech

Co-investorsFelicis VenturesGradient VenturesNorthzoneAntler

Sonasona.aiinApr 2026 · $45M

Sona is an AI workforce management platform that optimizes labor scheduling and cost reduction for large frontline organizations across hospitality, retail, and social care.

AI & Machine LearningEnterprise SoftwareHR Tech

SteffenBenOliSteffen Wulff Petersen(Founder)in

Co-investorsNext47AntlerBAG VenturesFelicis VenturesGradient VenturesNorthzone+1 more

TaDatadapower.itin

TaDa analyzes household energy consumption data from smart meters to provide granular monitoring of individual appliances and home energy usage.

CleantechEnergyIoT

Wynwoodwynwood-house.comin

Wynwood House provides furnished accommodations aimed at giving travelers a home-like stay across various destinations, along with local recommendations for exploring each city.

ConsumerPropTechTravel & HospitalityMiami, US

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Italian Founders Fund made?
Italian Founders Fund has 26 tracked investments, including 1 dated in the last 24 months.
What stage does Italian Founders Fund invest at?
Italian Founders Fund invests at the Pre-Seed, Seed, Series A stages.
What is Italian Founders Fund's typical check size?
Italian Founders Fund typically writes checks of $270K – $3.3M.
What sectors does Italian Founders Fund focus on?
Italian Founders Fund focuses on Enterprise Software, SaaS, Sector Agnostic.
Where is Italian Founders Fund located?
Italian Founders Fund is headquartered in Italy, IT.
Does Italian Founders Fund lead rounds?
Yes, Italian Founders Fund leads investment rounds.
Who does Italian Founders Fund co-invest with?
Italian Founders Fund most often shares deals with DFF Ventures, Italian Angels for Growth, Balderton Capital, among 27 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Lorenzo Franzi, Italian Founders Fund: Founding with Focus: Why Italy’s VC Moment Is Now

EUVC · Lorenzo Franzi

Images

Italian Founders Fund photo

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