Top Fast-Growing Milan Startups to Watch [2023]

Have you ever wondered who is on the list of companies with the highest growth rates in Milan?

You’re not alone.

There are hundreds of companies founded there, and it can be challenging to keep track of the hottest new startups.

But don’t worry, we’ve got you covered. Here are the top 90 fast-growing startups in Milan that have top-tier venture capital funding.

Top 90 Fastest-Growing Startups In Milan

1) Uala

Online booking for beauty salons in real time

Details of the startup:

• Started in: 2013
• Founders: Alessandro Bruzzi, Enzo Li Volti, Luca Mattivi, Luca Tironi
• Industries: Beauty, Health Care, Information Technology, Wellness
• Number of employees: 11-50
• Funding amount: € 20,000,000
• Number of funding rounds: 3
• Number of investors: 2

You can find their website here.

2) iGenius

iGenius – Business Intelligence with a Twist

Details of the startup:

• Started in: 2016
• Founders: Uljan Sharka
• Industries: Artificial Intelligence, B2B, Business Intelligence, Insurance, Pharmaceutical, Retail
• Number of employees: 101-250
• Funding amount: € 20,000,000
• Number of funding rounds: 5

You can find their website here.

3) Everli

Everli is an online grocery shopping marketplace where clients may buy for food from a range of stores.

Details of the startup:

• Started in: 2014
• Founders: Enrico Pandian
• Industries: Delivery, Delivery Service, E-Commerce, Grocery, Same Day Delivery
• Number of employees: 51-100
• Funding amount: € 113,555,000
• Number of funding rounds: 9
• Number of investors: 22

You can find their website here.

4) Supermercato24

Supermercato24 is an online grocery and household essentials delivery business that is revolutionizing the way people shop.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $32,113,412

You can find their website here.

5) Satispay

Satispay is a fintech business that offers a mobile payment platform that accepts bank accounts.

Details of the startup:

• Started in: 2013
• Founders: Alberto Dalmasso, Dario Brignone, Samuele Pinta
• Industries: Apps, Banking, Finance, Financial Services, FinTech, Mobile Payments, Payments
• Number of employees: 101-250
• Funding amount: $160,856,510
• Number of funding rounds: 8
• Number of investors: 20

You can find their website here.

6) Scalapay

Scalapay is a payment system that allows consumers to buy something and pay for it in three equal installments without incurring interest.

Details of the startup:

• Started in: 2019
• Founders: Johnny Mitrevski, Simone Mancini
• Industries: E-Commerce, Information Technology, Internet, Mobile Payments, Retail
• Number of employees: 1-10
• Funding amount: € 40,000,000
• Number of funding rounds: 1
• Number of investors: 3

You can find their website here.

7) Blubrake

Blubrake’s cutting-edge technology for light electric vehicles seek to make future mobility greener, smarter, and safer.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $10,747,246

You can find their website here.

8) Casavo

Casavo is a tech-enabled market maker that simplifies and de-stresses the real estate market.

Details of the startup:

• Started in: 2017
• Founders: Giorgio Tinacci, Simon Specka
• Industries: Finance, Property Development, Property Management, Real Estate
• Number of employees: 101-250
• Funding amount: € 258,900,000
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

9) D-Orbit

D-Orbit is the first company to provide solutions for moving, precisely deploying, and deleting satellites in space.

Details of the startup:

• Started in: 2011
• Founders: Giuseppe Tussiwand, Luca Rossettini, Renato Panesi, Thomas Panozzo
• Industries: Aerospace, Automotive, Fleet Management, Information Technology, Software, Transportation
• Number of employees: 11-50
• Funding amount: € 21,280,000
• Number of funding rounds: 9
• Number of investors: 13

You can find their website here.

10) Neosurance

Provides insurers with a customer information and profiling platform that allows them to sell microinsurance plans instantly via push notifications.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,338,813

You can find their website here.

11) SQUARE MM

SQUARE is reinventing the fashion content creation process to make it more intelligent and cost-effective.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $230,164

You can find their website here.

12) CoreView

CoreView is a SaaS management platform (SMP) that aids in the protection, management, and optimization of Microsoft 365 and other SaaS services.

Details of the startup:

• Started in: 2014
• Founders: David Mascarella, Ivan Fioravanti
• Industries: IT Management, SaaS, Security, Software
• Number of employees: 51-100
• Funding amount: $30,000,000
• Number of funding rounds: 2
• Number of investors: 1

You can find their website here.

13) Cortilia

Cortilia is a supermarket delivery service that specializes in local farmers’ produce.

Details of the startup:

• Started in: 2011
• Founders: Marco Porcaro
• Industries: Delivery, E-Commerce, Grocery, Local
• Number of employees: 11-50
• Funding amount: € 51,000,000
• Number of funding rounds: 7
• Number of investors: 8

You can find their website here.

14) Prima.it

Prima is a car insurance business that offers direct coverage.

Details of the startup:

• Started in: 2013
• Founders: Alberto Genovese, George Ottathycal, Teodoro D’Ambrosio
• Industries: Auto Insurance, Automotive, Insurance
• Number of employees: 251-500
• Funding amount: € 100,000,000
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

15) Musement

Musement is a travel companion that lets you book tickets for activities and attractions in over 1000 destinations all over the world.

Details of the startup:

• Started in: 2012
• Founders: Alessandro Petazzi, Claudio Bellinzona, Fabio Zecchini, Paolo Giulini
• Industries: Art, E-Commerce, Ediscovery, Ticketing, Tourism, Travel
• Number of employees: 251-500
• Funding amount: $16,465,762
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

16) Contents.com

SaaS platform that uses artificial intelligence to evaluate trends and generate content automatically.

Details of the startup:

• Started in: 2017
• Founders: Massimiliano Squillace
• Industries: Artificial Intelligence, Information Technology, SaaS, Software
• Number of employees: 11-50
• Funding amount: $14,056,352
• Number of funding rounds: 6
• Number of investors: 6

You can find their website here.

17) De Nora S.p.A.

De Nora S.p.A. is a multinational corporation that creates, manufactures, and distributes electrodes, coatings, and electrochemical solutions.

Details of the startup:

• Started in: 1923
• Industries: Electronics, Energy, Industrial Engineering, Manufacturing
• Number of employees: 1001-5000
• Funding amount: € 396,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

18) Ventis

Ventis is a fintech firm that creates an online marketplace for Italian quality, complete with its own payment infrastructure.

Details of the startup:

• Started in: 2016
• Founders: Cristiano Brambilla, Luca Bertozzi, Manolo Bianchini, Stiven Muccioli
• Industries: Financial Services, FinTech, Marketplace, Mobile Payments, Payments
• Number of employees: 101-250
• Funding amount: € 19,000,000
• Number of funding rounds: 9
• Number of investors: 5

You can find their website here.

19) Credimi

Credimi is working on a new digital loan solution aimed at SMEs and institutional investors.

Details of the startup:

• Started in: 2015
• Founders: Edmondo Porcu, Francesca Todeschini, Gianmarco Molinari, Ignazio Rocco di Torrepadula, Jacopo Anselmi, Roberto Arnetoli, Sabino Costanza
• Industries: Credit, Finance, Financial Services, FinTech, Lending, Software
• Number of employees: 1-10
• Funding amount: € 18,000,000
• Number of funding rounds: 3
• Number of investors: 11

You can find their website here.

20) Freeda Media

Freeda’s purpose is to inspire good change by sharing genuine women’s stories.

Details of the startup:

• Started in: 2016
• Founders: Andrea Scotti Calderini, Gianluigi Casole
• Industries: Content, Digital Media, Lifestyle, Media and Entertainment, Social Media Advertising
• Number of employees: 101-250
• Funding amount: $30,300,000
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

21) Dovevivo

DoveVivo is the country’s first and largest co-living enterprise.

Details of the startup:

• Started in: 2007
• Founders: Valerio Fonseca
• Industries: Asset Management, Property Management
• Number of employees: 51-100
• Funding amount: € 80,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

22) Beintoo

Beintoo is building an ecosystem for marketers and publishers to fuel a new generation of mobile advertising that is more relevant.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $7,550,000

You can find their website here.

23) Versace

Gianni Versace started Versace, an Italian fashion house and trade name, in Milan in 1978.

Details of the startup:

• Started in: 1978
• Founders: Gianni Versace
• Industries: Fashion, Jewelry, Retail
• Number of employees: 5001-10000
• Funding amount: € 210,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

24) Velasca

Velasca is a direct-to-consumer brand that specializes on affordable Made in Italy footwear.

Details of the startup:

• Started in: 2013
• Founders: Enrico Casati, Jacopo Sebastio
• Industries: E-Commerce, Fashion, Retail, Shoes
• Number of employees: 11-50
• Funding amount: € 8,245,000
• Number of funding rounds: 7
• Number of investors: 10

You can find their website here.

25) SLYMETRIX

Platform for Managing Attribution Data

Details of the startup:

• Number of employees: 1-10
• Funding amount: $57,307

You can find their website here.

26) xFarm

Farm is a software-as-a-service platform for digitalizing farms and simplifying data collecting and analysis.

Details of the startup:

• Started in: 2017
• Founders: Martino Poretti, Matteo Vanotti, Salvatore Ferullo
• Industries: Agriculture, AgTech, Analytics, Big Data, Farming, Food Processing, Internet of Things, SaaS, Software
• Number of employees: 11-50
• Funding amount: € 3,000,000
• Number of funding rounds: 1
• Number of investors: 2

You can find their website here.

27) FrescoFrigo

FrescoFrigo is a smart refrigerator created for people who are concerned about their personal health and demand fresh, high-quality foods.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,129,255

You can find their website here.

28) ICONIUM

ICONIUM is a cryptocurrency that backs the finest Blockchain-based token sales and invests in digital assets all around the world.

Details of the startup:

• Started in: 2018
• Founders: Antonio Chiarello, Fabio Pezzotti, Luciano Serra, Marco Costa, Mauro Del Rio, Thomas Baggio
• Industries: Asset Management, Blockchain, Cryptocurrency
• Number of employees: 1-10
• Funding amount: € 5,000,000
• Number of funding rounds: 1

You can find their website here.

29) ELSE-Corp

ELSE Corp is a B2B and B2B2C firm based in Italy that develops innovative technical solutions for Virtual Retail and Cloud Manufacturing.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $7,086,516

You can find their website here.

30) Sweetguest

A full management service for short-term rentals geared for those who desire more than just a stress-free vacation.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $11,522,371

You can find their website here.

31) FLEEP Technologies

FLEEP Technologies manufactures fully printed integrated circuits, sensors, and actuators for maximum added value.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $867,471

You can find their website here.

32) armadioverde

The number one fashion re-commerce website in Italy, armadioverde, is a pioneer of the circular economy.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $4,303,620

You can find their website here.

33) EatsReady

EatsReady is a smartphone ordering marketplace. Use our fast-track technology to find the best restaurants, explore menus, and pay & collect.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $2,199,799

You can find their website here.

34) WeSchool

WeSchool provides students and businesses with cutting-edge digital learning software and content.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $8,101,915

You can find their website here.

35) Leaf Space

Leaf Space seeks to make it easier for microsatellite operators to get into space.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $2,700,770

You can find their website here.

36) Newronika

Newronika uses cutting-edge technology to restore brain and bodily functions.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $11,104,562

You can find their website here.

37) Moneymour

We want to make lending simple, quick, and transparent at Moneymour. That’s how our consumer point-of-sale loans are structured.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $353,223

You can find their website here.

38) GoVolt

An innovative firm that offers an electric ride-sharing service via an app.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $876,099

You can find their website here.

39) Mymenu

a high-end food delivery service in Italy

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,751,927

You can find their website here.

40) CrowdFundMe

One of the most popular equity crowdfunding platforms in Italy.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $448,375

You can find their website here.

41) Chef in Camicia

Chef in Camicia is a social media channel that posts fresh food-related videos.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,526,957

You can find their website here.

42) Growish

Collect money from friends and family for whatever you like with our Fintech API for the Sharing Economy.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $2,266,338

You can find their website here.

43) Tutored

Tutored is a social platform that helps students and recent grads advance academically and professionally.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,203,233

You can find their website here.

44) Lokky

Lokky works with over 6 million entrepreneurs and microbusinesses with fewer than ten employees.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,316,012

You can find their website here.

45) Eligo

Personal Stylists’ Marketplace

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,586,549

You can find their website here.

46) Piantando

Bcorporation that initiates and funds social and environmental initiatives.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $152,420

You can find their website here.

47) Enthera

Enthera is a biotech business based in Italy.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $37,526,234

You can find their website here.

48) Apps-Builder

AppsBuilder is a smartphone self-service app creator that allows users to create apps without any technical knowledge.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,513,335

You can find their website here.

49) Bandyer

Bandyer gives your website and app the ability to speak with people all around the world. Our technology, on your platform!

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,633,271

You can find their website here.

50) Workinvoice

For Italian SMEs, an invoice trading platform is available.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,824,600

You can find their website here.

51) Volvero

Volvero is a vehicle-sharing app built on the most cutting-edge technologies.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $203,393

You can find their website here.

52) Drexcode

The first online store to provide quick and high-quality answers to the common problem of female dress code for special occasions. drexcode.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $2,380,460

You can find their website here.

53) We Wealth

An Italian conglomerate with interests in the digital and fintech sectors.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,691,402

You can find their website here.

54) Userbot

Userbot is a UK-based AI-powered customer contact tool.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $685,335

You can find their website here.

55) 200crowd

200 Crowd is a crowdfunder that links entrepreneurs with investors.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $354,439

You can find their website here.

56) Mercurius

Mercurius blends machine learning and risk management approaches to create a new asset class out of sports betting.

Details of the startup:

• Funding amount: $873,044

You can find their website here.

57) Contactlab

Technology and services that allow businesses to personalize communications and strengthen client relationships.

Details of the startup:

• Number of employees: 101-250
• Funding amount: $5,020,344

You can find their website here.

58) Beast Technologies

Beast is an unique strength wearable tracker based on IoT that was conceived and created by aeronautical engineers.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,169,238

You can find their website here.

59) Deesup

Deesup is the first marketplace in Italy where design enthusiasts can sell and purchase authentic second-hand home furnishings.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $426,786

You can find their website here.

60) ROIALTY

Roialty is a customer insights, CRM, and DMP enrichment marketing technology.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,802,813

You can find their website here.

61) LOVEThESIGN

LOVETHESIGN is a home design e-commerce platform based in Italy.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $5,833,855

You can find their website here.

62) Quomi

Quomi is a mealkit delivery service that helps customers eat delicious and healthy meals at home while adhering to the Mediterranean diet’s pillars.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $984,898

You can find their website here.

63) Bauzaar

Bauzaar is a cutting-edge online platform dedicated to pets and their quality of life in your homes.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $278,731

You can find their website here.

64) Splitty Pay

Splitty Pay is a platform for shared payment solutions.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $419,370

You can find their website here.

65) X-next

Xnext is a knowledge-intensive scale-up company that creates and develops cutting-edge inspection technology.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $3,727,808

You can find their website here.

66) PrenotaUnCampo

PrenotaUnCampo is a company that creates an online platform and a mobile app that allows customers to book playgrounds.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $1,033,763

You can find their website here.

67) Fluida Europe

Platform for Liquid Workforce Management

Details of the startup:

• Number of employees: 1-10
• Funding amount: $464,206

You can find their website here.

68) Dianax

Dianax creates labs-on-chip with the goal of revolutionizing protein-based diagnostics.

Details of the startup:

• Funding amount: $3,207,775

You can find their website here.

69) nCore

nCore HR is a cutting-edge video applicant tracking system (ATS), recruiting software, and video interviewing software.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $458,220

You can find their website here.

70) Fixool

Fixool is using AI-based technologies to revolutionize the home and office service sector by providing efficiency, transparency, and trust.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $551,504

You can find their website here.

71) Diet-to-go

Every day, Diet to Go provides a thermic bag containing fresh daily meals.

Details of the startup:

• Funding amount: $500,710

You can find their website here.

72) ARTKNIT STUDIOS

Direct-to-consumer brand dedicated to luxury knitwear with no retail mark-ups

Details of the startup:

• Number of employees: 1-10
• Funding amount: $101,903

You can find their website here.

73) AdvisorEat

AdvisorEat is a loyalty club exclusively for business consultants and experts.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $744,997

You can find their website here.

74) Neodata Sistemas de Saude

Neodata creates enterprise resource planning (ERP) for hospitals and health plans.

Details of the startup:

• Number of employees: 51-100
• Funding amount: $3,292,185

You can find their website here.

75) Advise Only

AdviseOnly is an investment-focused fintech firm. It has developed a customized risk management system with social media integration.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $1,315,066

You can find their website here.

76) FindMyLost

The First Social Lost and Found for Consumers and Businesses — Never Missed, but Always Found

Details of the startup:

• Number of employees: 1-10
• Funding amount: $221,236

You can find their website here.

77) Ecomate

A sustainability algorithm that guides small and medium-sized businesses toward financial success while also having a good social and environmental effect.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $41,350

You can find their website here.

78) HiRide Suspension

Bike Suspension with Smart Electronic Suspension

Details of the startup:

• Number of employees: 1-10
• Funding amount: $381,797

You can find their website here.

79) Arbitryum

Using the power of Big Data to improve price comparison websites

Details of the startup:

• Number of employees: 1-10
• Funding amount: $623,579

You can find their website here.

80) eBoox

eBoox specializes in creating bespoke e-commerce storefronts for internet businesses.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $2,064,270

You can find their website here.

81) Hi-Interiors

Hi-Interiors is an Italian firm that created the world’s first smart bed and is now speeding up the Internet of Furniture.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $218,111

You can find their website here.

82) Stranich

Aeromeccanica Stranich is an Italian company that specializes in ventilation and dust management.

Details of the startup:

• Funding amount: $11,220,196

You can find their website here.

83) GoalShouter

GoalShouter is a soccer-community-focused mobile communication app for iPhone and Android.

Details of the startup:

• Funding amount: $113,359

You can find their website here.

84) WikiRe

Provider of real estate listing and management services based in Italy.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $336,605

You can find their website here.

85) Crowdway

Crowdway is a smart platform founded in Italy that creates financial market news and analysis.

Details of the startup:

• Funding amount: $167,653

You can find their website here.

86) PlumeTec

Plume is a plasma technology company that creates, manufactures, and sells high-tech goods and services.

Details of the startup:

• Funding amount: $85,651

You can find their website here.

87) OneTray

OneTray is a company that specializes in custom-designed airport security trays.

Details of the startup:

• Number of employees: 1-10
• Funding amount: $54,543

You can find their website here.

88) UpSurgeOn

UpSurgeOn is a neurosurgery and neuroanatomy-focused instructional platform.

Details of the startup:

• Number of employees: 11-50
• Funding amount: $85,651

You can find their website here.

89) Moxoff

Moxoff creates innovation, modeling, simulation, data intelligence, and software engineering using applied math.

Details of the startup:

• Funding amount: $50,000

You can find their website here.

90) Macchine Speciali

Macchine Speciali is a company that specializes in the production of electrical cables and gear.

Details of the startup:

• Funding amount: $1,175,099

You can find their website here.

FAQs

What Is The Average Investment In Milan?

The average startup investment in Milan is €1.5 million.

Is Milan A Good State To Start A Business?

Yes, Milan is a good state to start a business. The state has a strong economy and a supportive business environment. Additionally, the state offers a variety of resources and assistance programs to help businesses get started and grow.

How Many Startups Are There In Milan?

There are over 1,000 startups in Milan.