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Startups in Italy
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Top startups in Italy
There are 52,047 startups in Italy which include Moneyfarm, Bending Spoons, Scalapay, Yoox, Satispay. Out of these, 8,109 startups are funded, with 335 having secured Series A+ funding, and 4 achieving unicorn status. Banks ($9.53B) and Telecom Operators ($5.28B) are the top-funded sectors in Italy, with over 492 companies, including Intesa Sanpaolo and Telecom Italia. Milan (738), Rome (431), and Milano (379) are the top cities by number of startups hosted. In the last five years, 1,975 companies raised over $21.6B in funding across 2,882 rounds. Bending Spoons is the latest startup to join the Unicorn Club from Italy. The number of companies founded have declined by 68.6%, from 646 companies in 2023 to 203 companies in 2024.
Here is the list of top startups in Italy
1. Moneyfarm
MoneyFarm provides an online platform for investment planning & advisory services. It helps users in portfolio management based on their profiles and goals. It offers advisory services for investment in stocks & shares, pension management, and wealth management. It also features tools for tracking investments.
Key facts about Moneyfarm
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series D
- Total Funding till date: $186M
- Investors: , and 11 Others
- Latest Funding Round: Series D, Jan 26, 2022, $59.5M
- 秘密研究所 Score: 75/100听
- Competitors Rank: 4 of 2,369 Competitors
Developer of mobile applications and AI-powered technologies. It develops and operates a portfolio of digital products, focusing on user-friendly design and robust underlying technology. The company's engineering expertise extends to in-house AI development, utilized in various applications. A significant focus is placed on creating a positive and supportive work environment. The company also supports STEM education initiatives.
Key facts about Bending Spoons
3. Scalapay
Provider of payment solutions for e-commerce businesses. It provides users with a lending platform which provide point-of sale installment financing as well as pay later facility. It allows users to avail the facility by choosing checkout. It provides fraud prevention and data protection systems for customers to maintain secure transactions.
Key facts about Scalapay
4. Yoox
Online retailer offering multi-category fashion products for men, women, and kids. The product catalog includes apparel, footwear, and accessories such as bags, jewelry, etc from designer brands. The mobile application is available for Android and iOS users.
Key facts about Yoox
- Founded Year: 2000
- Location: Milan (Italy)
- Stage: Series A
- Total Funding till date: $5.8M
- Investors: , 360 Capital Partners and 2 Others
- Latest Funding Round: Series A, Sep 30, 2003, $5.8M
- 秘密研究所 Score: 66/100听
- Competitors Rank: 1 of 14 Competitors
5. Satispay
Wallet-based payment solution for consumers. It offers services such as money transfers, mobile recharge, bill payments, and online or offline purchases. It can be accessed through the app that is available on both IOS and Android devices. It also offers integrated POS solutions to businesses for accepting online payments.
