Italian Founders Fund — Full Portfolio

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

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

GFGabriele Franco(Co-founder)in

Co-investorsMAMana VenturesPIPitchdrive

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

AI & Machine LearningEnterprise Software

Co-investorsHEHeartfelt CapitalHEHEARTFELT_VEVentoITItalian Angels for Growth

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

DVDaniele Vella(Founder)in

Co-investorsENEntourage Ventures

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

ETEdoardo Tarricone(CEO, Lead Auditor)inMCMarco Cortinovis(COO, Lead Auditor)inAVAlessandro Vaccarino(CTO, Lead Auditor)

Co-investorsENEnzo VenturesITItalian Angels for GrowthKFKfundMOMoonstone Venture CapitalSESella Direct VenturesEXExor Ventures

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

EAEdoardo Arbizzi(Founder)inEGEdoardo Gava(Founder)in

Co-investorsDFDFF VenturesGLGlobal Founders CapitalPIPICUS CAPITALSHShapersSHShine Capital

Excellence is an AI-powered educational platform designed for teachers to manage and enhance classroom use of AI tools.

AI & Machine LearningEdTechSaaSSan Francisco, US

Sovann Linden(CPO)inABAlexis Bonnafont(CTO)inMMMattia Mauro(CEO)in

Co-investorsKIKima VenturesTRTranspose Platform ManagementY Y CombinatorZAZanichelli VentureLLLlama venturesSOSource Ventures+2 more

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-investorsDFDFF VenturesFJFJ Labs

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)inGiovanni del Gallo(Founder)Matteo Cera(Founder)

Co-investorsBRBrainstorm VenturesALAlecla7CLClub degli InvestitoriFRFrontline VenturesITIthaca Investments

heydiga provides an AI phone receptionist that answers business calls, resolving common questions, managing bookings, capturing and qualifying caller data, transferring calls, and logging issues.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsKFKfund

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

JPJoseph Perrotta(Founder/CEO)inKDKaan Durmaz(Founder/CTO)in

Co-investorsVIVireo VenturesY Y Combinator

Iusful is an Italian platform that connects businesses with specialized lawyers across more than 50 areas of law, letting companies choose their attorney and manage legal requests, documents, and updates in one place.

B2B MarketplacesLegalTechSaaS

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

FSFrancesco Scalambrino(Founder)inHTHR Tech SaaS Francesco Scalambrino(Founder)MOMarco Ogliengo(Founder)inMarco Ogliengo Francesco Scalambrino(Founder)

Co-investorsCLClub degli InvestitoriFIFiDi VenturesLVLVenture GroupMOMoonfire VenturesP1P101 VenturesPIPICUS CAPITAL+10 more

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)inSam Koekoek(Founder)in

Co-investorsACAcurio VenturesANAntlerPAPayPal VenturesSHShapers

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

AKAlex Krawchick(Co-founder)inEric Pfahl(Co-founder)inMWMatt Webbink(Co-founder)inEdan Dil(Founder)Eva Rosa Bian(Founder)Geus Walder(Founder)

Co-investorsIDIDEA Fund PartnersSTStudio VCANAntler

Livia is a property management company for residential condominiums, handling common-area maintenance, costs, communications, and administrator changeovers through a dedicated contact person and a digital portal with real-time financials.

PropTechSaaSMilan, IT

Tommaso Bachmann(Responsabile relazioni con i clienti)

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

MMMattia Marco Caruson(Founder)in

Co-investorsBRBrandenburg KapitalSESenovo

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

PZPietro Zullo(CEO)inLPLuigi Pederzani(CEO)inPietro Zullo Luigi Pederzani(Founder)Enrico Toniato(CTO)

Co-investorsY Y CombinatorPEPeak XV PartnersPIPioneerRIRitual CapitalACACE & CompanyAGAgrolimen Ventures+7 more

Marengo uses AI to automate engineering design for data centers, aiming to speed up and reduce the cost of the design process.

Advanced ManufacturingAI & Machine LearningEnergySan Francisco, US

EAEmil Ares(CEO)inGMGad Marconi(CTO)in

Co-investorsRERedbud Trail GroupSPSpot VCTRTranspose Platform ManagementY Y CombinatorANAndreessen HorowitzFOFounders Factory+5 more

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

AI & Machine LearningData & InfrastructureDeep Tech

Co-investorsPAPartech Ventures

Pillar provides a white-label digital education and engagement platform for healthcare organizations, employers, and benefits administrators to scale patient education, care coordination, and benefits communication.

Digital HealthHealthtechSaaSNew York City, US

JMJasmine Mansouri(Founder)inCECaroline Early(Founder)inAdam Lewis(Founder)Ashutosh Bhatt(Founder)FYFaisal Younus(Founder)inGabriel Guinea Montalvo(Founder)

Co-investorsBABackedMSMS&AD VenturesRERebel FundSCScrum VenturesSSSSC Venture PartnersSTStreamlined Ventures+8 more

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

AI & Machine LearningConstruction TechEnterprise SoftwareFintechSaaS

GabrielPPaoloLorenzo

Co-investorsEMEmblemITItalian Angels for GrowthVEVentoANAnalog VenturesANAndreessen HorowitzCRCrucible Capital+2 more

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

MEMarco Eterno(CEO)in

Programma develops tools to make AI-generated software verifiable by both humans and machines.

AI & Machine LearningDeveloper Tools

Ratel provides managed context-engine infrastructure for AI agents, loading only the relevant context at each step to reduce token usage and improve accuracy and reliability.

AI & Machine LearningData & InfrastructureDeveloper Tools

Co-investorsANAngel Invest

Co-investorsHEHeartfelt CapitalHEHEARTFELT_EXExceptional Ventures

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

GCGiorgia Caruso(Founder)in

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)inRMRafaël Michali(Founder)in

Co-investorsBABalderton CapitalDADaniel GutenbergEXExceptional VenturesSOSOSVEXExor VenturesNONorrsken VC

Sava builds software related to trusts.

FintechNew York City, US

NMNimit Maru(Founder/CEO)inRSRush Sadiwala(Founder/COO)inFederico von Bary Landesmann(Founder)Kola Olajide(Founder)Kolawole Olajide(Founder)Rafael Michali(Founder)

Co-investorsDGDG Daiwa VenturesEAEarl Grey CapitalOROrange CollectivePIPioneerRERebel FundSUSurgePoint Angel+20 more

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

AMAntonio Mallia(Founder)in

Co-investorsB B Capital GroupUNUnited Ventures212100 VenturesB B CapitalFUFuture Back VenturesFUfuturepresent+2 more

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-investors1414Peaks Capital36360 CapitalKFKfundGLGlobal Founders Capital

Nicolo Mazzocchi(Founder)Simone Patera(Founder)

Co-investors36360 Capital

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

BenOliSWSteffen Wulff Petersen(Founder)inBen Dixon(Founder)Oli Johnson(Founder)Ólafur Haukur Johnson(Founder)

Co-investorsANAntlerFEFelicis VenturesGRGradient VenturesNENext47NONorthzoneRERerail+25 more

Superlog provides AI-driven observability that automatically identifies, investigates, and fixes issues in software by analyzing logs, traces, and deployment history to propose pull request solutions.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

NMNicolò Magnante(CEO)inASArseniy Shishaev(CTO)in

Co-investorsTRTranspose Platform ManagementY Y CombinatorZEZero Index2020VCKIKima VenturesKLKleiner Perkins+7 more

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

CleantechEnergyIoT

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

RRRiccardo Russo(Founder)in

Co-investorsANAngel InvestENEntourage VenturesGRGrowth CapitalGRGrowth EngineMOMoonstone Venture CapitalFRFrontline Ventures

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

JGJuan Garay(Founder)in

Co-investorsFEFen Ventures