Ecosystem map · Milan

Milan startup ecosystem map

112 startups based in Milan that have raised money in rounds we track, grouped by their main sector. Together they have raised $3.5B; AI is the biggest sector, with 27 companies.

112startups on the map
11sectors
$3.5Braised between them
AImost funded sector

AI

27

+3 more

Fintech

18

IT Services

13

HR Tech

10

E-commerce

8

Foodtech

8

Edtech

7

Advertising & Adtech

6

Healthtech

5

Professional Services

5

Martech

5

Segment by segment

AI

27 startups · $2.5B raised

  1. Bending SpoonsBending Spoons is a developer of digital technology products including video editing tools and an image editor.Italy$1.3B
  2. DomynDomyn is a Milan-based deep-tech company that specializes in developing sovereign, enterprise-grade AI solutions for highly regulaItaly$1.0B
  3. LexroomLexroom is an innovative Italian legal technology startup founded in 2023 and based in Milan.Italy$50M
  4. UNGUESSUNGUESS is an Italian SME founded in 2015, originally known as AppQuality.Italy$11M
  5. Indigo.aiIndigo.ai is an Italian enterprise AI company founded in 2016 by five students from the Politecnico di Milano.Italy$10M
  6. Arsenale BioyardsArsenale Bioyards is a biotechnology company founded in 2022 and based in Venice, Italy, with additional operations in Milan, PordItaly$10M
  7. AkamasAkamas is an AI-powered company specializing in autonomous optimization for software systems.Italy$10M
  8. SkillvueSkillvue is an AI-powered talent intelligence platform based in Milan, Italy, founded in 2021.Italy$6.2M

Fintech

18 startups · $747M raised

  1. CasavoCasavo is a prominent European real estate technology company, recognized as the largest "instant home buyer" in Europe.Italy$468M
  2. SatispaySatispay is an Italian fintech company founded in 2013, based in Milan, with additional operations in Luxembourg, Barcelona, and Naples.Italy$94M
  3. IllimityIllimity is a digital bank that provides direct and investment banking services.Italy$55M
  4. LeasyLeasy is a tailor made accounting, banking and payment solution for property operators.Italy$31M
  5. TundrTundr is Italy’s first fintech platform focused on enhancing corporate welfare through innovative solutions.Italy$22M
  6. EXTRABANCAExtrabanca is Italy’s first bank dedicated to serving foreign citizens living in the country and the businesses they operate.Italy$19M
  7. CredimiDigital Lender for SMEsItaly$18M
  8. QomodoQomodo is an Italian fintech company based in Milan, specializing in digital payment solutions.Italy$14M

IT Services

13 startups · $23M raised

  1. BeintooBeintoo is a global mobile data and digital advertising company based in Milan, Italy.Italy$7.5M
  2. PhotonPathPhotonpath is a manufacturer of integrated photonic devices to obtain, transmit and process information using light.Italy$5.9M
  3. Neodata GroupNeodata Group S.p.A.Italy$3.3M
  4. DrexcodeDrexcode is a Milan-based fashion marketplace founded in 2014, specializing in luxury dress and accessory rentals, as well as the Italy$2.1M
  5. Mapo TapoMapo Tapo is a global outdoor adventure marketplace based in Milan, Italy, founded in 2020.Italy$1.3M
  6. GoleeGolee is an Italian SportTech startup founded in 2018 and based in Milan.Italy$726K
  7. ELSE CorpELSE Corp is an Italian B2B startup founded in 2014 and based in Milan.Italy$469K
  8. SgnamSgnam is an Italian food delivery platform founded in 2012 and based in Bologna, Italy.Italy$406K

HR Tech

10 startups · $46M raised

  1. Jet HRJet HR is an Italian technology platform founded in late 2022 that automates personnel management and payroll processes for busineItaly$29M
  2. CarolCarol is a tech-enabled healthcare provider delivering membership-based primary care servicesItaly$7.6M
  3. KlaaryoKlaaryo is a GenAI-powered conversational recruiting platform based in Milan, Italy.Italy$2.4M
  4. nCore HRnCore HR is a modern and advanced software delivered via browser (SaaS) to support recruitment processes.Italy$2.2M
  5. StemaStema is a career and job marketplace platform designed to help individuals discover companies and explore career opportunities.Italy$1.7M
  6. TutoredTutored is an Italy-based online platform that allows users to meet companies and get hired.Italy$964K
  7. JobmetooJobmetoo is an Italian online recruiting platform based in Milan, focused on connecting people with disabilities and protected catItaly$643K
  8. SudtalentSudTalent is a placement platform that makes hiring extra-EU interns frictionless.Italy$542K

E-commerce

8 startups · $44M raised

  1. ArtemestArtemest is a global e-commerce platform based in Milan, Italy, specializing in contemporary Italian craftsmanship and luxury design.Italy$21M
  2. VelascaVelasca is a direct-to-consumer brand, focused on offering Made in Italy shoes at friendly prices.Italy$7.5M
  3. Babaco MarketBabaco Market is an innovative subscription e-grocery service based in Milan, Italy, founded in 2020.Italy$6.6M
  4. LLampooThe one-of-a-kind marketplace for authenticated second-hand luxury clothing and accessories.Italy$4.6M
  5. HiNelsonHiNelson is an Italian online and omnichannel retailer based in Milan, specializing in boating, nautical accessories, and sport fiItaly$2.2M
  6. WineverseWineverse is Italy's leading wine e-commerce platform, delighting wine lovers with a selection of more than 1000 exquisite Italian wines.Italy$1.3M
  7. JAMPYJAMPY is a pet wellness brand based in Milan, founded in 2022.Italy$1.1M
  8. eWibeeWibe is a Milan-based FinTech startup that launched in July 2022, focusing on the trading and investment of fine wines in Italy.Italy$120K

Foodtech

8 startups · $44M raised

  1. L'Orto di JackL'Orto di Jack ("ODJ") è una startup innovativa che punta a creare il primo player omnichannel ed evoluto digitalmente nel mercatoItaly$11M
  2. MiscusiMiscusi is a restaurant that provides chinese food.Italy$11M
  3. DeliveristoDeliveristo is a Milan-based B2B foodtech company founded in 2017.Italy$7.1M
  4. ErbertErbert is an Italian company that specializes in healthy, fresh, and ready-to-eat meals known as "Piatti Pronti." These meals are Italy$5.9M
  5. Dog HeroesDog Heroes is an Italian startup based in Milan, founded in November 2019.Italy$5.8M
  6. KampaayKampaay is a tech company based in Milan that specializes in corporate event spend management.Italy$2.4M
  7. BowlprosBowlpros is an Italian company dedicated to providing healthy, natural food products for breakfasts, snacks, and bowls.Italy$566K
  8. Lorenzo VinciLorenzo Vinci is an Italian e-commerce and food magazine brand based in Milan, specializing in gourmet food and wine from small, hItaly$224K

Edtech

7 startups · $48M raised

  1. GilityGility is a digital learning platform that collaborates with business schools and training institutions for an effective training offer.Italy$13M
  2. DatapizzaDatapizza is an Italian technology community and AI transformation company based in Milan, founded in 2021.Italy$11M
  3. WeSchoolWeSchool Education Srl is an Italian EdTech company based in Milan, founded in 2016 by Luca Ghirimoldi.Italy$7.5M
  4. HabacusHabacus is a fintech startup based in Milan, founded in 2017 by Paolo Cuniberti.Italy$5.2M
  5. GuidoioGuidoio is Italy’s first fully digital driving school, offering a modern approach to obtaining a driver’s license (Patente B) throItaly$4.1M
  6. LifeedLifeed is a Milan-based EdTech company founded in 2015, specializing in transforming personal life experiences into valuable workpItaly$3.9M
  7. 4books4books is an Italian edutech and digital publishing platform founded in 2017 by Marco Montemagno and Paolo Barberis.Italy$2.9M

Advertising & Adtech

6 startups · $33M raised

  1. WebidooWebidoo, founded in 2017 and headquartered in Milan, Italy, is a technology company focused on making digital tools and AI accessiItaly$25M
  2. TextYessTextYess is the AI Conversational platform for eCommerce brands.Italy$3.5M
  3. CassandraCassandra is an AI-first Marketing Mix Modeling (MMM) and incrementality platform founded in January 2023 in Italy.Italy$2.2M
  4. DeRevDeRev, officially known as Derev S.R.L., is an Italian digital strategy, communication, and marketing company founded in 2012 in Naples.Italy$1.5M
  5. LeeviaLeevia is a B2B digital marketing SaaS platform founded in 2013, with headquarters in Milan and Trento, Italy.Italy$538K
  6. RimborsiamoRimborsiamo is an Italian legaltech startup founded in 2019 in Milan.Italy$216K

Healthtech

5 startups · $44M raised

  1. hlpyhlpy is a Milan-based scale-up founded in May 2020, focused on transforming the roadside assistance, repair, and maintenance indusItaly$20M
  2. Pharma Green HoldingPharma Green Holding, founded in 2021 and based in Milan, is a Benefit Corporation that operates a network of pharmacies across ItItaly$12M
  3. 1000Farmacie1000Farmacie is Italy's leading online pharmacy marketplace and digital healthcare platform, founded in April 2020 and headquarterItaly$10M
  4. TheresonTHERESON is an Italian biomedical and medical device company dedicated to the research, development, and commercialization of non-Italy$1.4M
  5. Lab EvoLab Evo is a digital health startup based in Milan, Italy, founded in 2022.Italy$1.1M

Professional Services

5 startups · $13M raised

  1. DIGITAL360Innovative SME in B2B area, Digital innovation & transformationItaly$8.8M
  2. IusfulIusful is the legal & compliance partner that Italian startups and SMEs always wanted but never had.Italy$2.3M
  3. MopsoMopso is a fintech company founded in 2021 by Andrea Danielli and Enrico Fagnoni.Italy$1.0M
  4. ACBCSustainability as a Service, we are leader in applied sustainability in the fashion industryItaly$818K
  5. Vivaio VenturesVivaio Ventures is a Milan-based brand incubator and operating partner that supports content creators in launching and scaling conItaly$572K

Martech

5 startups · $9.7M raised

  1. Up2YouUp2You is a Milan-based benefit company and B Corp-certified startup founded in 2020 by three aerospace engineers.Italy$3.7M
  2. Dove.itDove.it, officially known as Dove.It S.R.L, is a prominent Italian proptech company and online real estate agency based in Milan.Italy$3.0M
  3. Chef DovunqueChef Dovunque supplies biological food kits.Italy$1.5M
  4. KPI6KPI6 is a B2B Software-as-a-Service (SaaS) company based in Rome, Italy, with operations in Milan.Italy$1.0M
  5. YouInvestYouInvest operates as a full service communications and public relations agency.Italy$498K

How this map is made. Every startup here is based in Milan and has raised money in rounds we track. Each sits under its main sector, read from its rounds; each sector shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

More market maps

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Market mapMarketing tech market map1,963 startups · 7 segments · $41BMarket mapFintech market map1,633 startups · 8 segments · $139BMarket mapCrypto and Web3 market map1,297 startups · 8 segments · $33BMarket mapFood tech market map1,226 startups · 7 segments · $20BMarket mapEdtech market map1,014 startups · 7 segments · $15BMarket mapGaming market map914 startups · 6 segments · $18B

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