ScaleIT Ventures

Total investments

2

Average round size

5M

Portfolio companies

2

Rounds per year

0.67

Stages of investment
Venture
Areas of investment
E-CommerceSocial Media AdvertisingDigital MarketingSocial MediaAdvertisingJewelryHome DecorHandmade

Summary

ScaleIT Ventures is the famous VC, which was founded in 2018. The fund was located in Europe if to be more exact in Italy. The main office of represented VC is situated in the Milan.

The fund was created by Lorenzo Franchini, Michele Novelli.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Artemest, Buzzoole. For fund there is a match between the location of its establishment and the land of its numerous investments - Italy. The fund has no exact preference in some founders of portfolio startups. Among the most successful fund investment fields, there are Advertising, Jewelry.

The common things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2018. The fund is generally included in less than 2 deals every year.

The usual cause for the fund is to invest in rounds with 6-7 partakers. Despite the ScaleIT Ventures, startups are often financed by iStarter, Rancilio Cube, R-301 Capital. The meaningful sponsors for the fund in investment in the same round are Vertis Venture 2 Scaleup, The Cheng family, Tamburi Investment Partners. In the next rounds fund is usually obtained by Vertis SGR S.p.A., Tamburi Investment Partners, Digital Magics.

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Investments analytics

Analytics

Total investments
2
Lead investments
0
Rounds per year
0.67
Investments by industry
  • Jewelry (1)
  • E-Commerce (1)
  • Handmade (1)
  • Home Decor (1)
  • Digital Marketing (1)
  • Show 3 more
Investments by region
  • Italy (2)
Peak activity year
2018

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Quantitative data

Avg. startup age at the time of investment
7
Group Appearance index
1.00

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Latest deals

Company name Deal date Industry Deal stage Deal size Location
Buzzoole 05 Dec 2018 Social Media Advertising, Digital Marketing, Social Media, Advertising Early Stage Venture 5M Italy, Campania, Naples

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