Top Startups / July 13, 2021
Asaf Fybish

Asaf Fybish is a growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

Top Italian Startups To Watch in 2021

Italy's startup ecosystem has been booming in recent years, despite the COVID-19 pandemic. With an increase in local talent and VC funding coming into the country, there has been an increase in the number of startups in Italy. So far, there are around 12,000. This shows that there are a lot of top startups in the country. The main startup sectors in the country are based around software and technology, with a massive emphasis placed on the Fintech, fashion, and SaaS sectors.

1. Satispay

Year Founded: 2013

HQ: Milan, Italy

Size: 101-250

Founder(s): Alberto Dalmasso, Dario Brignone, Samuele Pinta

Satispay is an Italian startup that was founded in 2013 and is currently based in Milan, Italy. The fintech startup makes its money through its mobile payment solution that is easily connected to the bank account of the user, making the process of taking payments easier for businesses and the process of making them easier for the customer.

The company has made a large amount of money from startup funding since being founded eight years ago. In total, the company has managed to raise $160.9 Million. This was given by a group of twenty investors that included Tencent, among others.

2. CoreView

Year Founded: 2014

HQ: Milan, Italy

Size: 51-100

Founder(s): David Mascarella, Ivan Fioravanti

Coreview is one of the most exciting startups in Italy and was founded in 2014, with a headquarters in Milan, Italy. The company offers a SaaS platform to its customers that allows them to manage their Office 365 accounts, as well as offering improved security, reporting, monitoring and more. This also helps these businesses to improve their overall operational efficiency.

The company has received an impressive amount of startup funding since being founded seven years ago and a total of $30 MIllion was raised from Insight Partners. The company has also been active in the market for acquisitions, taking over TermSet and Alpin in 2019, to expand their service offering.

3. Young Platform

Year Founded: 2018

HQ: Turin, Italy

Size: 11-50

Founder(s): Andrea Carollo, Andrea Ferrero, Daniele Rinaldi, Marco Ciarmoli, Samuele Raimondo, Stefan A. Gheban

Young Platform is one of the best up and coming startups in Italy and has been since it was founded three years ago. The company operates a cryptocurrency exchange in Turin, Italy. The company prides itself on allowing its customers to easily and safely trade cryptocurrencies with FIAT money.

The company has received a good amount of investment since it was founded in 2018. This investment was achieved through a mix of angel investors and venture capital funding. Five investors decided to put their money behind the company, with the total figure of $6.1 Million in investment being given.

4. Neosurance

Year Founded: 2016

HQ: Milan, Italy

Size: 11-50

Founder(s): Andrea Silvello, Dario Melpignano

Neosurance is an Italian startup that was founded in 2016 and is currently based in Milan, Italy. The company gives a SaaS platform to insurance providers that allows them to get insights on potential customers and also profile them in a way to ensure higher sales conversions. Specifically, micro-policies, which can be sold through push notifications.

The startup has made a respectable total of investment in its five years of trading and this was as a result of investment from seven different sources, across four rounds of startup funding. The total funding gained by the company was 2.1 Million Euros.

5. Credimi

Year Founded: 2015

HQ: Milan, Italy

Size: 1-10

Founder(s): Edmondo Porcu, Francesca Todeschini, Gianmarco Molinari, Ignazio Rocco di Torrepadula, Jacopo Anselmi, Roberto Arnetoli, Sabino Costanza

Credimi is an Italian fintech startup that was founded in 2015 and is currently headquartered in Milan, Italy. The company provides digital lending and factoring solutions to other businesses. This is in an effort to make business finance more convenient and accessible to smaller businesses in the country.

The company has seen a significant amount of investment in the six years it has been trading. This has come from the collective efforts of a group of eleven investors. These investors have pledged a collective total of $20 Million to help the company with its growth and expansion plans for the future.

6. Growish

Year Founded: 2011

HQ: Milan, Italy

Size: 1-10

Founder(s): Claudio Cubito, Domingo Sarmiento Lupo

Growish is an Italian startup that was founded in 2011 and is currently based in Milan, Italy. The company has created a fintech solution that lets people raise money for the causes that are important to them through social media. These can be simple things like weddings, travel, parties and much more. This allows people to live the happiest moments of their lives through the help and generosity of others.

The company has been the target of attention for many investors in recent times, with the business successfully seeking funding from a group of fourteen investors. Ultimately, these investors have put $2.3 Million into the business, in the hope of making a return.

7. Together Price

Year Founded: 2015

HQ: Rome, Italy

Size: 11-50

Founder(s): Luca Ugolini, Marco Taddei, Sabrina Taddei

Together Price is a software startup that was founded in 2015 and is currently based in the Italian capital city. The company offers a fintech platform that allows users to set up digital wallets where they can share the costs of certain expenses by paying together through that single wallet. There is also a group chat included in the app which makes things much easier for communication.

The company has been successful in attracting outside funding to further the venture. This has resulted in the company making deals with five investors. These investors collectively pooled a total of 1.9 Million Euros into the company, for growth and future internal investments for the future.

8. ICONIUM

Year Founded: 2018

HQ: Milan, Italy

Size: 1-10

Founder(s): Antonio Chiarello, Fabio Pezzotti, Luciano Serra, Marco Costa, Mauro Del Rio, Thomas Baggio

Icounium is an example of another Italy startup that is based in the city of Milan, where it has been since it was founded three years ago. The company provides solutions to help cryptocurrency projects with their internal development and they also help others to identify new and exciting blockchain projects to be involved in.

The startup has received a significant amount of funding since being founded in 2018. The company has received a total of 5 Million Euros in investment and has made 17 investments of its own in the short time it has been trading.

9. Sweetguest

Year Founded: 2016

HQ: Milan, Italy

Size: 51-100

Founder(s): Edoardo Grattirola, Rocco Lomazzi

Sweetguest is a startup from Italy that was founded in 2016 and is currently based in Milan, Italy. The company has created a solution that allows for the management of short-term rentals, which helps the property owners to get more business and the property searchers to find a solution that is perfect for them.

The company has a great solution and it has managed to convince investors of this as well. As a result of this, the company has managed to raise a total of $11.5 Million in the five years that it has been trading. This investment came from a duo of investors, which shows a large amount of faith to part with that amount of money.

10. D-Orbit

Year Founded: 2011

HQ: Milan, Italy

Size: 51-100

Founder(s): Giuseppe Tussiwand, Luca Rossettini, Renato Panesi, Thomas Panozzo

D-Orbit is an aerospace software startup that was founded in 2011 and is currently based in Milan, Italy. The company provides solutions to allow for the creation, deployment and decommissioning of satellites. The overall ambition is to reduce the cost of putting objects into space to improve the commercial viability of these operations.

The company has made a massive amount of money through investment since being founded a decade ago. The company has received investment from a total of 13 investors and they have collectively pledged a total of $25.4 Million to help the business grow to its full potential.

11. Cortilia 

Year Founded: 2011

HQ: Milan, Italy

Size: 11-50

Founder(s): Marco Porcaro

Cortilia is an Italian startup that was founded in 2011 and is currently based in Milan, Italy. The company provides delivery services to allow customers to get access to fresh produce from local farmers. The local element ensures that the local economy improves for the customers and also helps to lower the carbon footprint of the delivery process.

The company has received a large amount of funding to further its growth since being founded a decade ago. This has come about from a group of eight investors that have pledged their money to the company. In total, the company has managed to raise 51 Million Euros.

12. Else Corp

Year Founded: 2014

HQ: Milan, Italy

Size: 11-50

Founder(s): Andrea Silvestri, Andrey Golub, Zoran Radumilo

Else Corp is one of the fastest growing startups in Italy, with the company being based and Milan and it was founded seven years ago. The company provides commercial solutions for virtual and augmented reality for the fashion industry to help improve customer engagement and interactions.

The company has had some success in receiving startup funding to improve its development. This is evidenced by the fact that the company has managed to raise a total of $2.9 Million in the seven years that it has been trading.

13. Fresco Frigo 

Year Founded: 2017

HQ: Milan, Italy

Size: 11-50

Founder(s): Enrico Pandian, Tommaso Magnani

Fresco Frigo is a startup that was founded in 2017 and is currently based in Milan, like many other Italy startups. The company designs and creates smart refrigerators that use its automated technology to stock fresh and healthy products for those that are concerned about their health and wellbeing.

The company has attracted attention from a large group of investors, with a total number of eight. These investors have put a substantial amount of money in to help the company reach its potential, with the overall figure working out to $3.1 Million.

14. GoVolt

Year Founded: 2017

HQ: Milan, Italy

Size: 11-50

Founder(s): Giuliano Blei

GoVolt is an Italian startup that was founded four years ago and has its headquarters in the city of Milan in the European country. The company provides eco-friendly services for last mile logistics. The company also provides an outsourced logistics fleet and systems to assist with the management of such a fleet.

The company has raised a respectable amount of funding through a number of funding rounds throughout the past four years. This has resulted in the company bringing in a total of 905,000 Euros.

15. Eligo

Year Founded: 2016

HQ: Milan, Italy

Size: 11-50

Founder(s): Antonio Chiarello, Giulio Manno, Naomi Kohashi Catella

Eligo is a startup in Italy that was founded five years and is currently operating from a headquarters in Milan. The company provides a platform whereby users can browse and look for personal stylists to help them get the best out of their wardrobe. These stylists also get training and assistance to ensure that they can make a real living from the platform.

Investors have clearly been able to get behind the startup, considering it has received investment across a number of funding rounds. The total investment given to the company stands at a total of $1.6 Million.

16. Tutored

Year Founded: 2014

HQ: Milan, Italy

Size: 11-50

Founder(s): Gabriele Giugliano, Martina Mattone, Nicolò Bardi

Tutored is an Italian education startup that was founded in 2014 and is currently based in Milan, Italy. The company operates in three countries and provides a social platform for existing university students and fresh graduates. Companies can then advertise and recruit among this pool of talent for their own open roles.

The company has received a very respectable total of startup funding in the seven years it has been trading. In total, this funding has allowed the company to invest 1.1 Million Euros to further its growth and development.

17. Scuter

Year Founded: 2015

HQ: Rome, Italy

Size: 1-10

Founder(s): Carmine Nuzzo, Gabriele Carbucicchio, Gianmarco Carnovale, Luca Ruggeri

Scuter is a startup that was founded six years ago and currently has its headquarters in Rome, Italy. The company, true to its name, operates a platform for the rental and sharing of e-scooters to help people get about and carry on with their day, all with a little bit more speed added in.

The company has gone through numerous rounds of startup funding over the years and as a result, they have received 485,000 Euros in funding to help with developing the overall business itself.

18. Drexcode

Year Founded: 2014

HQ: Milan, Italy

Size: 1-10

Founder(s): Federica Storace

Drexcode is a fashion startup that was founded in 2014 and is currently based in Milan, Italy. The company offers a web boutique where users can buy and rent dresses and accessories to help women fit in, whatever the occasion. The company has access to some real high-fashion items that are sure to turn heads.

The company has received funding from a group of investors that is mixed between angels and venture capital. These investors all joined the company across three rounds of funding and as a result, the business has managed to raise a total of 2 Million Euros.

19. Carplanner

Year Founded: 2014

HQ: Rome, Italy

Size: 11-50

Founder(s): Guglielmo Carsana, Marta Daina

CarPlanner is an automotive startup that was founded in 2014 and is currently based in Rome, Italy. The company provides a subscription service, whereby users can easily subscribe to the use of a personal vehicle so that they can get around. They can then cancel their subscription without hassle when they don't need it anymore.

The company has gone through two rounds of startup funding since being founded seven years ago. These rounds of funding have resulted in the company receiving a total of 866,200 Euros to further its growth and internal development.

20. Deesup

Year Founded: 2017

HQ: Milan, Italy

Size: 1-10

Founder(s): Daniele Ena, Valentina Cerolini

Deesup is an Italian startup that was founded four years ago and is currently based in Milan, Italy. The company operates an e-commerce platform that allows its customers to buy and sell interior home decorations from others users. This is one of the first marketplaces of its type and it is currently experiencing growth in the Italian market.

The company has received a notable amount of startup funding in its four years of trading and this was achieved by a group of four institutions that put their money behind the project. This investment ended with a total of 426,800 Euros.

21. Chef in Camicia

Year Founded: 2015

HQ: Milan, Italy

Size: 11-50

Founder(s): Andrea Navone, Luca Palomba, Nicolò Zambello

Chef in Camicia is an Italian startup that was founded in 2015 and is currently based in Milan, Italy. The company operates a social channel dedicated to the food and drinks industry, which shows videos and images related to food all over the world. They broadcast daily content about the food world and it is a great watch for food enthusiasts.

The company has managed to attract a healthy level of investment since being founded six years ago. The company has received money over multiple rounds of funding, with one named investor. The total of this investment has amounted to a figure of $1.5 Million, an achievement for any startup.

Top Italian Startups To Watch...
Asaf Fybish

Asaf Fybish is a growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

🚀 Stay ahead of the game

Subscribe to our weekly stash newsletter to receive the best resources, products and discounts!