Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

ScaleIT Ventures

Founders Lorenzo Franchini Michele Novelli

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 2
Average round size
info
The average size of a deal this fund participated in
$5M
Portfolio companies 2
Rounds per year 0.67
Lead investments 0
Key employees 1
Stages of investment
Venture

Areas of investment

  • Jewelry
  • E-Commerce
  • Handmade
  • Home Decor
  • Digital Marketing
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.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of ScaleIT Ventures:
Typical Co-investors
ScaleIT Ventures is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after ScaleIT Ventures:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from Italy
Funds with similar focus located in Italy:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
There are no funds here. If we find new data, we will add it here.
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
ACXIT Capital Partners Frankfurt, Germany, Hessen
BayStar Capital California, Larkspur, United States
BIG Labs -
Champion Hill Labs -
Development Capital County Dublin, Dublin, Ireland
FootPrint Coalition Beverly Hills, California, United States
Global Health & Pharma East Staffordshire, England, United Kingdom
HBT Holdings -
Ideosource Indonesia, Jakarta Pusat, Jakarta Raya
Jambhala -
Junyuan Capital -
Lotte Accelerator Seoul, Seoul-t'ukpyolsi, South Korea
Octopus Investments Andorra, Aragon, Spain
Orlando Health Ventures -
PacVen Walden Ventures China, Hong Kong, Hong Kong Island
SPDB International Holdings China, Hong Kong, Hong Kong Island
Tacoma Venture Fund Tacoma, United States, Washington
The Road Project Seattle, United States, Washington
Youdao Zichan Beijing, Beijing Shi, China

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Buzzoole

Advertising
Digital Marketing
Social Media
Social Media Advertising
$5M05 Dec 2018 Naples, Italy, Campania

Artemest

E-Commerce
Handmade
Home Decor
Jewelry
$5M29 Mar 2018 Lombardy, Italy

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent ScaleIT Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 2
Average round size 5M
Rounds per year 0.67
Peak activity year 2018
Lead investments 0
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Buzzoole

Advertising
Digital Marketing
Social Media
Social Media Advertising
$5M05 Dec 2018 Naples, Italy, Campania

Artemest

E-Commerce
Handmade
Home Decor
Jewelry
$5M29 Mar 2018 Lombardy, Italy
Crunchbase icon

Content report

The following text will be sent to our editors: