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1. TRACXN TOP BUSINESS MODELS REPORT
August 03, 2021
ITALY TECH

2. Italy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
ItalyItaly Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Italy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Funding in last 1 year
3
Online Grocery $144M
Alternative Lending $103M
Horizontal E-Commerce $48.5M
IT Services $44.0M
Orthopedics $29.5M
Sensors $20.6M
Y-o-Y Funding
Top Investors by Funding
Rounds
Seed
Stage
CDP Venture Capital
immediateaccelerator.co
m
LVenture Group
9
4
3
Early
Stage
CDP Venture Capital
Coatue
Azimut
4
2
2
Late
Stage
Indaco Venture Partners
Square
DN Capital
2
1
1
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Everli
(2014, Milan)
$100M - Series
C
Satispay
(2013, Milan)
$80.7M - Series
C
Casavo
(2017, Milan)
$59.6M - Series
C
AideXa
(2020, Milano)
$54.7M - Seed
Scalapay
(2019, Milan)
$48.5M - Seed
Gorilla Technologies
(2016, Carpi)
$44.0M - Series
A
Cortilia
(2011, Milan)
$41.5M - Series
C
Innovheart
(2015, Milano)
$23.7M - Series
B
Inxpect
(2016, Brescia)
$20.6M - Series
B
WISE
(2011, Milan)
$17.6M - Series
C
Commerce Layer
(2017, Prato)
$16.0M - Series
B
GreenBone
(2014, Faenza)
$11.9M - Series
B
Milan (61%)
Milano (13%)
Carpi (7%)
Brescia (3%)
Prato (2%)
Others (14%)

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Italy Tech - Top Funded Business Models - last 1 year
(1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Digital Wallets $81.3M 2 Satispay | $80.7M | Series C Link
2▲4 iBuying Platforms $59.6M 1 Casavo | $59.6M | Series C Link
3-- Internet First Business Loans $54.7M 1 AideXa | $54.7M | Seed Link
4-- Internet First Point of Sale Financing $48.5M 1 Scalapay | $48.5M | Seed Link
5-- Horizontal E-Commerce > Product Aggregator $48.5M 1 Scalapay | $48.5M | Seed Link
6-- Valvular Disorder Treatment Devices $23.7M 1 Innovheart | $23.7M | Series B Link
7-- Spinal Therapy Devices $17.6M 1 WISE | $17.6M | Series C Link
8▲7 Headless CMS $16.0M 1
Commerce Layer | $16.0M | Series
B
Link
9-- Bone Regenerative medicine $11.9M 1 GreenBone | $11.9M | Series B Link
10-- Auto Dealership Lead Management Software $11.7M 1 MotorK | $11.7M | Series B Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Italy Tech - Top Funded Business Models - last 1 year
(2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Sales Engagement Platform $11.7M 1 MotorK | $11.7M | Series B Link
12-- Automotive Marketing $11.7M 1 MotorK | $11.7M | Series B Link
13-- Surgical Navigation Systems $10.0M 1 Endostart | $10.0M | Series B Link
14▼12 Diabetes Drugs $8.5M 1 Enthera | $8.5M | Series A Link
15▼12 Autoimmune Disorders Drugs $8.5M 1 Enthera | $8.5M | Series A Link
16▼12 Inflammatory Bowel Disorder Drugs $8.5M 1 Enthera | $8.5M | Series A Link
17-- Internet First Biking Apparel Brands $8.3M 1 La Passione | $8.3M | Series A Link
18-- Internet First Cycling Products Brands $8.3M 1 La Passione | $8.3M | Series A Link
19-- Online K-12 Academic Courses $7.6M 1 WeSchool | $7.6M | Series A Link
20-- Commercial HVAC Management System $6.2M 1 Enerbrain | $6.2M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Italy Tech - Top Funded Business Models - last 1 year
(3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▲1 Ground Station Networks $6.1M 1 Leaf Space | $6.1M | Series A Link
22▲4 Influencer Marketplace $5.9M 1 Buzzoole | $5.9M | Series A Link
23▲4 Influencer Marketplace $5.9M 1 Buzzoole | $5.9M | Series A Link
24--
Internet First Handcrafted Home Furnishing
Products Brands
$5.3M 1 ARTEMEST | $5.3M | Series B Link
25-- Own Fleet E-commerce Delivery $5.0M 1 ShippyPro | $5.0M | Series A Link
26-- Ecommerce Shipping and Fulfillment Software $5.0M 1 ShippyPro | $5.0M | Series A Link
27▲2 Crypto Exchanges $4.2M 1 Young Platform | $4.2M | Series A Link
28-- Online Fitness Centers Pass Subscription $3.0M 1 Fitprime | $3.0M | Series A Link
29-- Book Summarization Platforms $2.9M 1 4books | $2.9M | Seed Link
30-- Indoor Hydroponics Cannabis Farming $2.3M 1 CanapaR | $2.3M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Italy Tech - Top Funded Business Models - last 1 year
(4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- Space Mission Launch Services $1.8M 1 AIKO | $1.8M | Seed Link
32-- Online Marketplace for Drugs $1.8M 1 PharmaPrime | $1.8M | Seed Link
33-- Bioinformatics Services $1.8M 1 Allelica | $1.8M | Seed Link
34-- Diversified Diagnostic Tests $1.8M 1 Allelica | $1.8M | Seed Link
35--
Auto E-Commerce & Content > Aftermarket
Service > Roadside Assistance
$1.2M 1 Hlpy | $1.2M | Seed Link
36-- Digital Therapeutics for Mental Disorders $1.2M 1 Restorative Neuro.. | $1.2M | Seed Link
37-- Fleet Tracking $1.1M 1 Qapla' | $1.1M | Seed Link
38▼2 Materials for Flexible Electronics $1.1M 1 FLEEPtech | $1.1M | Seed Link
39-- Physiological Biometrics $981K 1 ToothPic | $981K | Seed Link
40-- Fingerprint Biometric Systems $981K 1 ToothPic | $981K | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Italy Tech - Top Funded Business Models - last 1 year
(5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Hotel Digital Check-In Software $943K 1 Vikey | $943K | Seed Link
42-- Property Management Suite $553K 1 RoomMate | $553K | Seed Link
43-- Free-to-play eSports Gaming Platforms $541K 1 2WATCH | $541K | Angel Link
44-- Electronic Signature $540K 1 Confirmo | $540K | Seed Link
45-- Web Based Platform for Doctor Consultation $525K 1 Doctorium | $525K | Seed Link
46-- OTT Subscription Sharing Platforms $398K 1 Together Price | $398K | Seed Link
47-- Warehouse Management $368K 1 ELI WMS | $368K | Seed Link
48-- Warehouse Management System $368K 1 ELI WMS | $368K | Seed Link
49-- Construction Professionals Marketplace $362K 1 EdilGo | $362K | Seed Link
50-- Internet First Eco Friendly Sneakers Brands $292K 1 ACBC | $292K | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Satispay (2013, Milan)
$80.7M - Series C - Nov 2020
EasyPol (2018, Rome)
$609K - Seed - Dec 2020
Digital Wallets - Italy
01
9
Back to index
Payments (Nexi)
(# Cos: 88 | $145M)
Consumer Payments (SisalPay)
(# Cos: 25 | $130M)
Wallets (Satispay)
(# Cos: 6 | $130M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$81.3M ( -- )
2 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$130M
3
-
6
1
Satispay
(2013, Milan, $125M)
EasyPol
(2018, Rome, $609K)
YAP
(2018, Milan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
iBuying Platforms - Italy
02
10
Back to index
Residential Real Estate Tech (Casa.it)
(# Cos: 33 | $101M)
Online Resellers (Casavo)
(# Cos: 2 | $100M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$59.6M (▲172%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$100M
1
-
2
1
Casavo
(2017, Milan, $100M)
Case Valorizzate
(2017, Viterbo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Casavo (2017, Milan)
$59.6M - Series C - Mar 2021

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Business Loans - Italy
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$54.7M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$54.7M
1
-
1
1
Alternative Lending (Cerved)
(# Cos: 53 | $149M)
Online Lenders (Sardex)
(# Cos: 30 | $147M)
Business Loans (Credimi)
(# Cos: 13 | $90.3M)
Diversified (Soisy)
(# Cos: 4 | $54.8M)
Direct Lender (AideXa)
(# Cos: 1 | $54.7M)
AideXa
(2020, Milano, $54.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AideXa (2020, Milano)
$54.7M - Seed - Nov 2020

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Point of Sale
Financing - Italy
04
12
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$48.5M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$48.5M
1
-
1
1
Alternative Lending (Sardex)
(# Cos: 53 | $149M)
Online Lenders (Credimi)
(# Cos: 30 | $147M)
Consumer Loans (Prestiamoci)
(# Cos: 12 | $56.9M)
Point of Sale Financing (Moneymour)
(# Cos: 3 | $48.5M)
Direct Lender (Scalapay)
(# Cos: 1 | $48.5M)
Scalapay
(2019, Milan, $48.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Scalapay (2019, Milan)
$48.5M - Seed - Jan 2021

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Horizontal E-Commerce > Product
Aggregator - Italy
05
13
Back to index
Horizontal E-Commerce (Subito.it)
(# Cos: 37 | $51.6M)
Product Aggregator (Scalapay)
(# Cos: 3 | $48.5M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$48.5M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$48.5M
2
-
3
1
Scalapay
(2019, Milan, $48.5M)
Universo Sport
(1997, Florence)
FemaleJungle
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Scalapay (2019, Milan)
$48.5M - Seed - Jan 2021

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Valvular Disorder Treatment
Devices - Italy
06
14
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$23.7M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$23.7M
2
-
4
1
Cardiac and Vascular Disorders (Biotechware)
(# Cos: 24 | $30.0M)
Medical Devices (WinMedical)
(# Cos: 20 | $30.0M)
Therapeutic Devices (Sorin Group)
(# Cos: 10 | $23.7M)
Valvular Diseases (Innovheart)
(# Cos: 4 | $23.7M)
Innovheart
(2015, Milano, $23.7M)
Epygon
(2015, Turin)
CUBE
(2002, Lainate)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Innovheart (2015, Milano)
$23.7M - Series B - Aug 2020

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Spinal Therapy Devices - Italy
07
15
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$17.6M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$29.6M
1
-
2
1
Orthopedics (Citieffe)
(# Cos: 50 | $63.7M)
Medical Devices (Lima Corporate)
(# Cos: 47 | $63.7M)
Therapies (GreenBone)
(# Cos: 38 | $59.7M)
Spinal Devices (WISE)
(# Cos: 2 | $29.6M)
WISE
(2011, Milan, $29.6M)
Tsunami Medical
(1997, Modena)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
WISE (2011, Milan)
$17.6M - Series C - Oct 2020

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Commerce Layer (2017, Prato)
$16.0M - Series B - May 2021
Headless CMS - Italy
08
16
Back to index
Content Management System (CMS) (D-Share)
(# Cos: 19 | $23.8M)
Web CMS (EidosMedia)
(# Cos: 12 | $23.8M)
Headless CMS (Commerce Layer)
(# Cos: 3 | $22.0M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$16.0M (▲167%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$22.0M
1
-
3
1
Commerce Layer
(2017, Prato, $22.0M)
DatoCMS
(2015, Florence)
ContentChef
(2018, Milan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Bone Regenerative medicine - Italy
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$11.9M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$30.2M
3
-
5
1
Orthopedics (Citieffe)
(# Cos: 50 | $63.7M)
Medical Devices (Lima Corporate)
(# Cos: 47 | $63.7M)
Therapies (WISE)
(# Cos: 38 | $59.7M)
Regenerative medicine
(GreenBone)
(# Cos: 5 | $30.2M)
GreenBone
(2014, Faenza, $26.2M)
Tissuelab
(2003, Milan, $4.0M)
Lipogems
(2012, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GreenBone (2014, Faenza)
$11.9M - Series B - Apr 2021

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Auto Dealership Lead Management
Software - Italy
10
18
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$11.7M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$25.9M
1
-
1
1
Auto IT (Gestionale Auto)
(# Cos: 20 | $25.9M)
Dealer Management (MYKEYS Pro)
(# Cos: 12 | $25.9M)
Marketing (DealerK)
(# Cos: 8 | $25.9M)
Lead Management (MotorK)
(# Cos: 1 | $25.9M)
MotorK
(2010, Milan, $25.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MotorK (2010, Milan)
$11.7M - Series B - Sep 2020

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
MotorK (2010, Milan)
$11.7M - Series B - Sep 2020
Sales Engagement Platform - Italy
11
19
Back to index
Sales Force Automation (Sellf)
(# Cos: 66 | $29.8M)
Lead Management (BigProfiles)
(# Cos: 4 | $27.5M)
Multi Channel (MotorK)
(# Cos: 1 | $25.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$11.7M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$25.9M
1
-
1
1
MotorK
(2010, Milan, $25.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
MotorK (2010, Milan)
$11.7M - Series B - Sep 2020
Automotive Marketing - Italy
12
20
Back to index
MarketingTech (Buzzoole)
(# Cos: 269 | $120M)
Industry Specific Marketing (Cloud4Wi)
(# Cos: 29 | $44.3M)
Automotive (MotorK)
(# Cos: 3 | $25.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$11.7M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$25.9M
1
-
3
1
MotorK
(2010, Milan, $25.9M)
DealerK
(2010, Milan)
GoExport
(2017, Pescara)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Surgical Navigation Systems - Italy
13
21
Back to index
Surgical Instruments (Medical Microinstruments)
(# Cos: 10 | $35.6M)
Navigation Systems (Endostart)
(# Cos: 2 | $11.1M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$10.0M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$11.1M
2
-
2
0
Endostart
(2018, Certaldo, $11.1M)
Often Medical
(2018, Benevento)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Endostart (2018, Certaldo)
$10.0M - Series B - Jun 2021

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Diabetes Drugs - Italy
14
22
Back to index
Diabetes (Altheia Science)
(# Cos: 9 | $65.2M)
Drugs (Enthera)
(# Cos: 2 | $65.2M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$8.5M (▼74.1%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$65.2M
2
-
2
2
Enthera
(2016, Milano, $45.9M)
Altheia Science
(2017, Milan, $19.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enthera (2016, Milano)
$8.5M - Series A - Jan 2021

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Enthera (2016, Milano)
$8.5M - Series A - Jan 2021
Autoimmune Disorders Drugs -
Italy
15
23
Back to index
Immunology (Philogen)
(# Cos: 15 | $220M)
Drugs (BioXell)
(# Cos: 9 | $219M)
Autoimmune Diseases (Enthera)
(# Cos: 1 | $45.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$8.5M (▼74.1%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$45.9M
1
-
1
1
Enthera
(2016, Milano, $45.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Enthera (2016, Milano)
$8.5M - Series A - Jan 2021
Inflammatory Bowel Disorder
Drugs - Italy
16
24
Back to index
Gastroenterology (NISO Biomed)
(# Cos: 7 | $45.9M)
Drugs (Scent)
(# Cos: 3 | $45.9M)
Inflammatory Bowel Disorders
(Enthera)
(# Cos: 1 | $45.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$8.5M (▼74.1%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$45.9M
1
-
1
1
Enthera
(2016, Milano, $45.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Biking Apparel
Brands - Italy
17
25
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$8.3M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$11.7M
1
-
1
1
Fashion Tech (Moncler)
(# Cos: 288 | $1.7B)
B2C Commerce (Yoox)
(# Cos: 256 | $1.7B)
Apparel (Diesel)
(# Cos: 108 | $21.8M)
Internet First Brand (La
Passione)
(# Cos: 1 | $11.7M)
La Passione
(2015, Silea, $11.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
La Passione (2015, Silea)
$8.3M - Series A - Jul 2021

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Cycling Products
Brands - Italy
18
26
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$8.3M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$11.7M
1
-
2
1
Sports Tech (Fubles)
(# Cos: 134 | $20.5M)
E-Commerce (Arena Water Instinct)
(# Cos: 15 | $12.5M)
Outdoor Sports (MRG Bike)
(# Cos: 5 | $12.5M)
Cycling (MilkyWayShop)
(# Cos: 4 | $12.5M)
Internet First Brand (La Passione)
(# Cos: 2 | $11.7M)
La Passione
(2015, Silea, $11.7M)
Prologo
(2006, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
La Passione (2015, Silea)
$8.3M - Series A - Jul 2021

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Online K-12 Academic Courses -
Italy
19
27
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$7.6M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$7.6M
2
-
5
1
K-12 EdTech (bSmart)
(# Cos: 61 | $7.6M)
B2C Learning Solutions (Colto)
(# Cos: 24 | $7.6M)
School Curriculum (Art Stories)
(# Cos: 19 | $7.6M)
Multi Subject (MagisterApp)
(# Cos: 17 | $7.6M)
Online Courses (WeSchool)
(# Cos: 5 | $7.6M)
WeSchool
(2016, Milan, $7.6M)
Scuolabook
(2009, Turin)
Mathsly Education
(2015, Milan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
WeSchool (2016, Milan)
$7.6M - Series A - Aug 2020

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Commercial HVAC Management
System - Italy
20
28
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$6.2M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$8.4M
2
-
3
0
Energy Efficiency Tech (The Energy Audit)
(# Cos: 131 | $12.9M)
Energy Management System (Lovato
Electric)
(# Cos: 59 | $10.7M)
HVAC Management (Airgloss)
(# Cos: 8 | $8.4M)
Commercial (Enerbrain)
(# Cos: 3 | $8.4M)
Enerbrain
(2015, Turin, $8.4M)
Tree Solutions
(2012, Milan)
Intellienergy
(2015, Florence)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enerbrain (2015, Turin)
$6.2M - Series A - Aug 2021

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Leaf Space (2014, Lomazzo)
$6.1M - Series A - Jan 2021
Ground Station Networks - Italy
21
29
Back to index
NewSpace (Avio)
(# Cos: 23 | $53.0M)
Network Operators (ALTEC)
(# Cos: 2 | $10.6M)
Ground Stations (Leaf Space)
(# Cos: 2 | $10.6M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$6.1M (▲79.6%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$10.6M
1
-
2
1
Leaf Space
(2014, Lomazzo, $10.6M)
ALTEC
(2001, Turin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Buzzoole (2013, Milan)
$5.9M - Series A - Oct 2020
Influencer Marketplace - Italy
22
30
Back to index
PR Tech (KPI6)
(# Cos: 22 | $19.3M)
Influencer Marketing (IDA Agency)
(# Cos: 7 | $18.6M)
Marketplace (Buzzoole)
(# Cos: 7 | $18.6M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$5.9M (▲164%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$18.6M
1
-
7
1
Buzzoole
(2013, Milan, $18.6M)
IDA Agency
(2016, Milan)
HeySleek
(2016, Giussano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Buzzoole (2013, Milan)
$5.9M - Series A - Oct 2020
Influencer Marketplace - Italy
23
31
Back to index
MarketingTech (MotorK)
(# Cos: 269 | $120M)
Influencer Marketing (Hoopygang)
(# Cos: 22 | $18.8M)
Influencer Marketplace (Buzzoole)
(# Cos: 14 | $18.6M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$5.9M (▲164%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$18.6M
4
-
14
1
Buzzoole
(2013, Milan, $18.6M)
TuberFan
(2016, Rome)
Roundabout
(2019, Turin)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Handcrafted Home
Furnishing Products Brands - Italy
24
32
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$5.3M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$11.5M
1
-
1
1
Home Improvements (Deesup)
(# Cos: 53 | $25.6M)
B2C Commerce (Buru Buru)
(# Cos: 39 | $18.3M)
Horizontal (Lovethesign)
(# Cos: 21 | $18.3M)
Internet First Brand (Discipline)
(# Cos: 6 | $11.5M)
Handicrafts (ARTEMEST)
(# Cos: 1 | $11.5M)
ARTEMEST
(2015, Milan, $11.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ARTEMEST (2015, Milan)
$5.3M - Series B - Aug 2020

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Own Fleet E-commerce Delivery -
Italy
25
33
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$5.0M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$5.0M
2
-
3
0
Logistics Tech (Targa Telematics)
(# Cos: 162 | $11.3M)
Ecommerce Logistics (IndaBox)
(# Cos: 20 | $5.5M)
End to End Delivery Services
(Yakkyofy)
(# Cos: 3 | $5.0M)
Own Fleet (ShippyPro)
(# Cos: 3 | $5.0M)
ShippyPro
(2015, Florence, $5.0M)
Yakkyofy
(2017, Casamassima)
Fulloutsourcing
(2015, Montemurlo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ShippyPro (2015, Florence)
$5.0M - Series A - Jul 2021

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Ecommerce Shipping and
Fulfillment Software - Italy
26
34
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$5.0M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$6.2M
5
-
12
0
E-Commerce Enablers (Image Vision)
(# Cos: 83 | $36.7M)
Operations Management (Commerce
Layer)
(# Cos: 17 | $28.2M)
Logistics Management (ShippyPro)
(# Cos: 12 | $6.2M)
Shipping and Fulfillment
Enablers (Adabra)
(# Cos: 12 | $6.2M)
Adabra
(2011, Arezzo, $1.2M)
ShippyPro
(2015, Florence, $5.0M)
GEL Proximity
(2020, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ShippyPro (2015, Florence)
$5.0M - Series A - Jul 2021

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Crypto Exchanges - Italy
27
35
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$4.2M (▲140%)
1 (▼50%)
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$6.5M
2
-
10
1
Cryptocurrencies (Bitsnapp)
(# Cos: 85 | $7.0M)
Financial Services (Neutrino)
(# Cos: 49 | $7.0M)
Investment Industry (Wisebitcoin)
(# Cos: 30 | $6.5M)
Crypto Exchanges (Young
Platform)
(# Cos: 10 | $6.5M)
Young Platform
(2018, Turin, $6.5M)
The Rock Trading
(2013, Milan)
Fleap
(2020, Milan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Young Platform (2018, Turin)
$4.2M - Series A - Jun 2021

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Online Fitness Centers Pass
Subscription - Italy
28
36
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$3.0M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$4.3M
1
-
2
1
Local Services (ProntoPro)
(# Cos: 110 | $53.5M)
Personal Wellness Services (Uala)
(# Cos: 17 | $26.7M)
Fitness & Training (FitPass)
(# Cos: 5 | $4.3M)
Fitness Centers (Speffy)
(# Cos: 5 | $4.3M)
Marketplace (gymtrainer)
(# Cos: 4 | $4.3M)
Subscription (Fitprime)
(# Cos: 2 | $4.3M)
Fitprime
(2016, Marsala, $4.3M)
FitPass
(2014, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fitprime (2016, Marsala)
$3.0M - Series A - Jan 2021

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Book Summarization Platforms -
Italy
29
37
Back to index
Book Tech (IBS)
(# Cos: 13 | $6.6M)
Book Summarization Platforms (4books)
(# Cos: 1 | $2.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$2.9M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$2.9M
1
-
1
0
4books
(2017, Milan, $2.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
4books (2017, Milan)
$2.9M - Seed - Jun 2021

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Indoor Hydroponics Cannabis
Farming - Italy
30
38
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$2.3M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
1
$11.7M
2
-
2
0
Crop Tech (Cortilia)
(# Cos: 186 | $76.3M)
Indoor Farming (Materia Medica
Processing)
(# Cos: 16 | $11.7M)
Hydroponics (Wallfarm)
(# Cos: 9 | $11.7M)
Cannabis (CanapaR)
(# Cos: 2 | $11.7M)
CanapaR
(2018, Ragusa, $11.7M)
Materia Medica Process..
(2018, Bolzano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CanapaR (2018, Ragusa)
$2.3M - Series A - Dec 2020

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Space Mission Launch Services -
Italy
31
39
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.8M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.8M
1
-
3
0
NewSpace (Leaf Space)
(# Cos: 23 | $53.0M)
Support Engineering (Avio)
(# Cos: 13 | $37.3M)
Services (SAB Launch Services)
(# Cos: 5 | $1.8M)
Mission Launch (AIKO)
(# Cos: 3 | $1.8M)
AIKO
(2017, Turin, $1.8M)
SAB Launch Services
(2018, Benevento)
InOrbit Now
(2017, Fino Mornasco)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
AIKO (2017, Turin)
$1.8M - Seed - Dec 2020

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Online Marketplace for Drugs - Italy
32
40
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.8M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.8M
4
-
20
1
Healthcare Booking Platforms (MioDottore)
(# Cos: 106 | $2.9M)
Pharmacies (Farman)
(# Cos: 42 | $2.3M)
Drugs (PharmaPrime)
(# Cos: 20 | $1.8M)
Diversified (IAFSTORE)
(# Cos: 20 | $1.8M)
IAFSTORE
(2007, Brescia)
PharmaPrime
(2016, Rome, $1.8M)
Pharmap
(2016, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PharmaPrime (2016, Rome)
$1.8M - Seed - Apr 2021

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Allelica (2017, Rome)
$1.8M - Seed - Mar 2021
Bioinformatics Services - Italy
33
41
Back to index
Genomics (Silicon Biosystems)
(# Cos: 79 | $80.9M)
Genomics Services (Explora Biotech)
(# Cos: 15 | $1.8M)
Bioinformatics (Allelica)
(# Cos: 2 | $1.8M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.8M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.8M
1
-
2
0
Allelica
(2017, Rome, $1.8M)
KOS Genetic
(2008, Bresso)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Diversified Diagnostic Tests - Italy
34
42
Back to index
Diversified Diagnostics (Allelica)
(# Cos: 54 | $2.2M)
Tests (DiaSorin)
(# Cos: 54 | $2.2M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.8M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
5
$2.2M
5
1
54
0
DiaSorin
(1968, Saluggia)
Allelica
(2017, Rome, $1.8M)
Menarini
(1886, Firenzuola)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Allelica (2017, Rome)
$1.8M - Seed - Mar 2021

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Hlpy (2020, Milan)
$1.2M - Seed - Feb 2021
Auto E-Commerce & Content >
Aftermarket Service > Roadside
Assistance - Italy
35
43
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Auto E-Commerce & Content (Prima
Assicurazioni)
(# Cos: 73 | $158M)
Aftermarket Service (tiassisto24)
(# Cos: 15 | $3.5M)
Roadside Assistance (Hlpy)
(# Cos: 1 | $1.2M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.2M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.2M
1
-
1
0
Hlpy
(2020, Milan, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Digital Therapeutics for Mental
Disorders - Italy
36
44
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.2M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.2M
1
-
1
0
Healthcare IT (Dedalus Group)
(# Cos: 235 | $37.2M)
Value Based Care (WinMedical)
(# Cos: 45 | $5.8M)
Patient Engagement (Plusimple)
(# Cos: 18 | $1.2M)
Digital Therapeutics (Neurab)
(# Cos: 9 | $1.2M)
Mental Health (Restorative
Neurotechnologies)
(# Cos: 1 | $1.2M)
Restorative Neurotechn..
(2019, Palermo, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Restorative Neurote.. (2019,
Palermo)
$1.2M - Seed - Sep 2020

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Fleet Tracking - Italy
37
45
Back to index
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.1M ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.1M
1
-
8
0
Logistics Tech (Moovenda)
(# Cos: 162 | $11.3M)
Freight (Wenda)
(# Cos: 66 | $3.0M)
Trucking (Visirun)
(# Cos: 46 | $1.1M)
Technology Enablers (Veicoli)
(# Cos: 40 | $1.1M)
Fleet Management (Targa
Telematics)
(# Cos: 33 | $1.1M)
Fleet Tracking (Qapla')
(# Cos: 8 | $1.1M)
Qapla'
(2014, San Casciano In.., $1.1M)
Tracker.it
(1996, Milan)
SmartNCC
(2008, Zogno)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
.. (2014, San Casciano In Val Di Pesa)
$1.1M - Seed - Nov 2020

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Materials for Flexible Electronics -
Italy
38
46
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Flexible Electronics (Gioco Solutions)
(# Cos: 5 | $1.9M)
Materials (FLEEPtech)
(# Cos: 2 | $1.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$1.1M (▲22%)
1 ( <> 0% )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.9M
1
-
2
1
FLEEPtech
(2019, Milan, $1.9M)
Elecrom
(1949, Carvico)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FLEEPtech (2019, Milan)
$1.1M - Seed - Oct 2020

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Physiological Biometrics - Italy
39
47
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$981K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$981K
1
-
2
0
Cybersecurity (DFLabs)
(# Cos: 118 | $20.7M)
IAM (Spotty time)
(# Cos: 23 | $981K)
Biometrics (MindPrint)
(# Cos: 2 | $981K)
Physiological (ToothPic)
(# Cos: 2 | $981K)
ToothPic
(2016, Turin, $981K)
MindPrint
(2019, Cesena)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ToothPic (2016, Turin)
$981K - Seed - Jan 2021

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Fingerprint Biometric Systems -
Italy
40
48
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$981K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
1
$981K
1
-
3
0
Security & Surveillance Technology (Image
Vision)
(# Cos: 102 | $18.4M)
PIAM (Sofia)
(# Cos: 16 | $7.0M)
Biometrics System (Green Bit)
(# Cos: 6 | $3.5M)
Fingerprint System (ToothPic)
(# Cos: 3 | $981K)
ToothPic
(2016, Turin, $981K)
Green Bit
(1989, Grugliasco)
Card Tech
(2007, Udine)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ToothPic (2016, Turin)
$981K - Seed - Jan 2021

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Hotel Digital Check-In Software -
Italy
41
49
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Hotel IT (Travel Appeal)
(# Cos: 100 | $13.2M)
Digital Check-In (Vikey)
(# Cos: 3 | $1.9M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$943K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.9M
1
-
3
0
Vikey
(2015, Rome, $1.9M)
GoGoDoors
(2016, Foggia)
HOAU
(2015, Torre Depasseri)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Vikey (2015, Rome)
$943K - Seed - Nov 2020

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Property Management Suite - Italy
42
50
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Property Management Tech (Fazland)
(# Cos: 39 | $7.3M)
Property Management (RoomMate)
(# Cos: 7 | $691K)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$553K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$691K
2
-
7
0
RoomMate
(2017, Bologna, $553K)
Condomani
(2013, Rende, $138K)
D&D Software
(1998, Milan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
RoomMate (2017, Bologna)
$553K - Seed - Nov 2020

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Free-to-play eSports Gaming
Platforms - Italy
43
51
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$541K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$541K
1
-
2
0
eSports (Pro2Be)
(# Cos: 11 | $541K)
eSports Platforms (Casual Gamers)
(# Cos: 5 | $541K)
Competitive Gaming (GEC)
(# Cos: 4 | $541K)
Free-to-play Tournaments
(2WATCH)
(# Cos: 2 | $541K)
2WATCH
(2020, Naples, $541K)
WESPORT
(undefined, Padua)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
2WATCH (2020, Naples)
$541K - Angel - May 2021

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Electronic Signature - Italy
44
52
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Digital Transaction Management (ESTECO)
(# Cos: 29 | $540K)
Electronic Signature (InfoCert)
(# Cos: 9 | $540K)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$540K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$540K
2
-
9
0
InfoCert
(2007, Rome)
Time4Mind
(2012, Milan)
Confirmo
(2019, Bari, $540K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Confirmo (2019, Bari)
$540K - Seed - Feb 2021

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Web Based Platform for Doctor
Consultation - Italy
45
53
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$525K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$525K
3
-
16
0
Healthcare Booking Platforms (Dottori)
(# Cos: 106 | $2.9M)
Doctors (MioDottore)
(# Cos: 47 | $525K)
Telemedicine (Ultraspecialisti)
(# Cos: 24 | $525K)
Teleconsultation (DOC 24)
(# Cos: 23 | $525K)
Diversified (Plusimple)
(# Cos: 16 | $525K)
Plusimple
(2011, Bari)
DOC 24
(2012, Agrate Brianza)
Doctorium
(2016, Catanzaro, $525K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Doctorium (2016, Catanzaro)
$525K - Seed - Jan 2021

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
OTT Subscription Sharing
Platforms - Italy
46
54
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OTT Video (CHILI)
(# Cos: 42 | $49.5M)
OTT Subscription Sharing (Together Price)
(# Cos: 1 | $1.1M)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$398K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$1.1M
1
-
1
0
Together Price
(2015, Rome, $1.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Together Price (2015, Rome)
$398K - Seed - Jan 2021

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
ELI WMS (2017, Brescia)
$368K - Seed - Dec 2020
Warehouse Management - Italy
47
55
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SCM Software (Antares Vision)
(# Cos: 35 | $15.7M)
Warehouse Management (Eximia)
(# Cos: 11 | $639K)
WMS (ELI WMS)
(# Cos: 6 | $368K)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$368K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$368K
1
-
6
0
ELI WMS
(2017, Brescia, $368K)
MadLab
(2007, Padua)
A&D Srl
(1993, Padua)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Warehouse Management System -
Italy
48
56
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$368K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$368K
1
-
12
0
Logistics Tech (Targa Telematics)
(# Cos: 162 | $11.3M)
Warehousing (Elettric80)
(# Cos: 22 | $368K)
Enablers (System Logistics)
(# Cos: 22 | $368K)
Warehouse Management
System (KanbanBOX)
(# Cos: 12 | $368K)
KanbanBOX
(2011, Vicenza)
LCS Group
(1989, Usmate Velate)
ELI WMS
(2017, Brescia, $368K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ELI WMS (2017, Brescia)
$368K - Seed - Dec 2020

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
EdilGo (2016, Milano)
$362K - Seed - Feb 2021
Construction Professionals
Marketplace - Italy
49
57
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Construction Tech (Blumatica)
(# Cos: 59 | $362K)
Marketplaces (spoon.CITY)
(# Cos: 4 | $362K)
Professionals (EdilGo)
(# Cos: 3 | $362K)
Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$362K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$362K
1
-
3
0
EdilGo
(2016, Milano, $362K)
spoon.CITY
(2015, Milan)
FaberExpert
(2017, Milano)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Italy Tech - Top Business Models Report
Recent Funding Rounds
Internet First Eco Friendly
Sneakers Brands - Italy
50
58
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Taxonomy
$ Invested in last 1 year in Italy
Tech
Key Stats
# Funding Rounds in last 1 year in
Italy Tech
$292K ( -- )
1 ( -- )
Funded
Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn
Club
-
$3.0M
1
-
1
0
Fashion Tech (Moncler)
(# Cos: 288 | $1.7B)
B2C Commerce (Yoox)
(# Cos: 256 | $1.7B)
Footwear (Velasca)
(# Cos: 16 | $12.9M)
Sneakers (AliveShoes)
(# Cos: 6 | $4.1M)
Internet First Brand (SHOES
53045)
(# Cos: 2 | $3.0M)
Eco Friendly (ACBC)
(# Cos: 1 | $3.0M)
ACBC
(2017, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ACBC (2017)
$292K - Seed - Dec 2020

59. Italy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights
Italy Tech - Top Business Models Report
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