/Investors

Italian Founders Fund

Venture capital

Milano · Pre-Seed–Series A · 21 people tracked

Find your way into Italian Founders Fund

1,700 people in our graph share verified history with the Italian Founders Fund team — schools, employers, funds. One of them is your warm intro.

Boris Bakechunlockedknows Federico Sargenti · together at Everli (overlapped)
×2knows the team · via Zalando
×6knows the team · via Shopify
knows the team · via Università di Roma Tor Vergata
knows the team · via Italian Founders Fund
knows the team · via Edison SpA
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Investment thesis

Italian Founders Fund positions itself as Italy's first founder-backed VC, investing from pre-seed to Series A in companies with 'Italian DNA': born in Italy, expanding into Italy, or founded by Italians abroad. The fund leads or co-leads early rounds and helps portfolio companies unlock global capital when scaling. Built by former founders who returned to Italy after international careers, it emphasizes speed, extreme transparency, and founder-friendly terms. It backs highly ambitious teams with a global mindset, offering initial investments of €250k to €3m plus active support from an operating team and a community of leading Italian entrepreneurs and builders.

Source: firm website, verified Sep 27, 2026.

Stage
Pre-Seed–Series A
Check
$270K – $3.3M
HQ
Milano, IT
Leads rounds
Leads
Instruments
Equity
Founded
2023
Last 12 months
4 investments
AUM
$54M
Tracked investments
27

Team · 21 people

from the firm's website & public directories
Carlo Gualandri· Venture Founder

Venture Founder associated with Soldo.

Daniele Perito· Venture Founder

Venture Founder associated with Faire.

Elena Boscolo· Venture Founder

Venture Founder associated with Boscolo Hotels.

Luca Ferrari· Venture Founder

Venture Founder associated with Bending Spoons.

Luca Rossettini· Venture Founder

Venture Founder associated with D-Orbit.

Paolo De Nadai· Venture Founder

Venture Founder associated with WeRoad.

Riccardo Zacconi· Venture Founder

Venture Founder associated with King.com/Candy Crush.

Simone Mancini· Venture Founder

Venture Founder associated with Scalapay.

Leonardo Cerretani· Investment Operationsin
Livia Figarolo di Gropello· Senior Investment Analystin
Monica Conti· Fund Admin

7 people who came through Italian Founders Fund went on to found or lead other companies.

What they invest in

from 25 of 27 portfolio companies

AI & Machine Learning ×15SaaS ×13Enterprise Software ×12Data & Infrastructure ×4Fintech ×4Energy ×3Healthtech ×3HR Tech ×3

HQs:Italy×9European Union×3United States×3Iceland×1Netherlands×1

Who they back

founder profiles across 12 portfolio companies
50%
solo founders
6 of 12 mapped founding teams
69%
repeat founders
of 16 founders with career history

Founding team size:solo founder×62 founders×33 founders×3

Where their founders studiedfrom 17 founders with education data

Università Bocconi ×3Imperial College London ×2Politecnico di Milano ×2

What their founders studiedfrom 16 founders with field-of-study data

Economics ×6Engineering ×6Computer Science ×4Business & Management ×3Finance & Accounting ×2

Investments · 27 tracked

founders shown can be your intro path

By year:2026 · 42025 · 32024 · 29 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.appinMar 2025

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)in

Co-investorsPitchdriveMana Ventures

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

Commerce Clarity provides AI-powered agents that automate retail product catalog operations, ensuring accurate product data across downstream systems like search, marketplaces, and ads.

AI & Machine LearningE-commerceRetail TechSaaSMilan, IT

Daniele Vella(Founder)in

Co-investorsEntourage Ventures

Complaioncomplaion.comin

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)inMarco Cortinovis(COO, Lead Auditor)inAlessandro Vaccarino(CTO, Lead Auditor)

Co-investorsEnzo VenturesItalian Angels for GrowthMoonstone Venture CapitalSella Direct VenturesExor Ventures

Compricompri.aiinMar 2025

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

Edoardo Arbizzi(Co-Founder)inEdoardo Gava(Co-Founder)in

Co-investorsDFF VenturesGlobal Founders CapitalPICUS CAPITALShapersShine Capital

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 VenturesFJ Labs

Glautglaut.cominApr 2024 · $1.4M

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

Niccolo Valerio(Founder)in

Co-investorsBrainstorm VenturesAlecla7Club degli InvestitoriFrontline Ventures

Invertixinvertix.aiinMay 2026 · $2M

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.

Advanced ManufacturingAI & Machine LearningEnergySaaSViterbo, IT

Joseph Perrotta(Founder/CEO)inKaan Durmaz(Founder/CTO)in

Co-investorsVireo VenturesY Combinator

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+6 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

Guy Griv(Founder)Sam Koekoek(Founder)in

Co-investorsAcurio VenturesAntlerPayPal VenturesShapers

Klearlyklearly.comin𝕏Jan 2026 · $14M

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 TechDurham, US

Alex Krawchick(Co-founder)inEric Pfahl(Co-founder)inMatt Webbink(Co-founder)in

Co-investorsStudio VCIDEAIDEA Fund Partners

Mama health technologies GmbHmamahealth.comin

Mama Health is a platform connecting people living with chronic and rare conditions to share experiences and learn from others, while providing direct patient insights to the life sciences industry for research and treatment development.

AI & Machine LearningDigital HealthHealthtechMedical Devices

Mattia Marco Caruson(Founder)in

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 GrowthAnalog VenturesAndreessen HorowitzCrucible CapitalGallery+1 more

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

Co-investorsExceptional Ventures

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

Giorgia Caruso(Founder)in

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 VenturesExor VenturesNorrsken VC

Seltzseltz.aiin𝕏Jun 2026

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 VenturesB CapitalB Capital GroupfuturepresentMango Capital+1 more

Skillvueskillvue.aiinMay 2025 · $6.3M

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

Co-investors360 Capital14Peaks CapitalGlobal Founders Capital

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

BenOliSteffen Wulff Petersen(Founder)in

Co-investorsFelicis VenturesGradient VenturesNext47NorthzoneSpeedinvestAccel+25 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

Juan Garay(Founder)in

Co-investorsFen Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Substackcdn

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Italian Founders Fund made?
Italian Founders Fund has 27 tracked investments, including 7 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 Milano, 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 35 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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