Milan is home to a varied group of companies, spanning from mobile technology to financial services. This landscape includes major players like Bending Spoons, a mobile app developer that has secured $4.2 billion in funding.
Alongside established tech companies, the city fosters growth in specialized sectors like FinTech and AI. For example, Satispay has attracted over $533 million for its payment platform, while newer companies like Lexroom.ai are entering the legal tech space.
Below is our list of 63 Milan startups worth keeping an eye on.
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Get the Sheet for $50Bending Spoons runs a suite of popular products like Evernote, Meetup and WeTransfer. They're known for buying and integrating them into its portfolio while optimising their technology, business model and monetisation.
| Year Founded | 2013 |
| Founders | Francesco Patarnello, Luca Ferrari, Luca Querella, Matteo Danieli, Tomasz Greber |
| Funding Amount | $4.2B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | HSBC, BNP Paribas, Goldman Sachs, Bank of America, Societe Generale, Wells Fargo |
Lexroom.ai offers an AI-powered assistant that helps legal professionals with research, analysis, and document drafting. Their platform is designed to accelerate complex legal tasks and improve the efficiency of case preparation.
| Year Founded | 2023 |
| Founders | Paolo Fois |
| Funding Amount | $21.7M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Base10 Partners, Vento, Verve Ventures, Acurio Ventures, Entourage |
MINT builds an AI-powered platform for Advertising Resource Management (ARM) that gives global brands control over their entire advertising lifecycle. Their software creates a single source of truth for everything from media planning and budgeting to ad creation and performance optimization.
| Year Founded | 2014 |
| Founders | Carlo Antonio De Matteo |
| Funding Amount | $50M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Tikehau Capital |
Jet HR built a payroll administration platform to decrease the bureaucracy tied to HR and general operations. The software automates these processes, helping companies manage payroll and other essential functions with less friction.
| Year Founded | 2023 |
| Founders | Francesco Scalambrino, Marco Ogliengo |
| Funding Amount | $41.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Plug and Play, Base10 Partners, Italian Founders Fund, 2100 Ventures, Picus Capital |
D-Orbit offers in-orbit transportation and logistics services for satellites. Their ION Satellite Carrier vehicle precisely deploys, moves, and decommissions spacecraft to manage the entire satellite lifecycle.
| Year Founded | 2011 |
| Founders | Giuseppe Tussiwand, Luca Rossettini, Renato Panesi, Thomas Panozzo |
| Funding Amount | $201.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Grant |
| Top Investors | CDP Venture Capital, Department for Science, Innovation and Technology (DSIT), Primo Capital, Seraphim Space, United Ventures |
Tot created a business banking platform tailored for the needs of SMEs and freelancers. Their all-in-one account helps entrepreneurs manage payments, expenses, and company finances from a single dashboard.
| Year Founded | 2020 |
| Founders | Andrea Susta, Bruno Reggiani, Doris Messina |
| Funding Amount | $9M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Francesco Fiorese, Giuseppe Nicola Ramonda, Pietro Marchetti, CDP Venture Capital, Banca Sella |
Satispay developed a mobile payment app that allows users to pay in stores and online directly from their bank account. The platform provides a simple and secure payment network outside of the traditional card systems.
| Year Founded | 2013 |
| Founders | Alberto Dalmasso, Dario Brignone, Samuele Pinta |
| Funding Amount | $533.2M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Endeavor Catalyst, Lightrock, Coatue, Tencent, Addition |
Volvero created a vehicle sharing app that connects owners with drivers for any type of vehicle, from cars to motorhomes. Their platform uses AI and blockchain technology to ensure transactions are secure and trustworthy for everyone in the community.
| Year Founded | 2018 |
| Founders | Marco Filippi, Olukayode Alao |
| Funding Amount | $1M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Grant |
| Top Investors | Blockchers, EIT Urban Mobility, Start-Up Chile, Impact Hub, Climate-KIC |
Serenis Health operates a mental health platform that provides online psychotherapy. Their approach is distinguished by a strong focus on science and measuring the impact of treatment.
| Year Founded | 2021 |
| Founders | Daniele Francescon, Silvia Wang |
| Funding Amount | $6.5M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series A |
| Top Investors | CDP Venture Capital, Exor Ventures, Lumen Ventures, Azimut Libera Impresa, Club degli Investitori |
54 Additional Milan Startups Worth Following
Those top 9 picks offer just a glimpse of the energy in Milan's startup scene. Founders are working in diverse fields like AI and fintech, and have collectively raised billions to grow their companies.
You'll see a mix of brand new ventures and more established names in the full list. Here are the other companies that are shaping Milan's startup community.
