GELLIFY logo

GELLIFY

Europe, Emilia-Romagna, Italy, Bologna

Description

GELLIFY is an Italian-headquartered B2B innovation platform that bridges the gap between traditional corporations and innovative digital startups. Based in Bologna, Italy, with a significant presence across Europe, including Spain and the UK, GELLIFY operates as a venture capital firm, corporate venture builder, and strategic advisor. Its core mission revolves around identifying promising B2B digital startups and providing them with capital, strategic guidance, and a unique "gellification" process to accelerate their growth and facilitate their integration into the corporate ecosystem.

GELLIFY primarily targets early-stage B2B digital startups, focusing on sectors such as Artificial Intelligence, Internet of Things, Industry 4.0, Cybersecurity, Fintech, and MarTech. Beyond providing financial investment, GELLIFY distinguishes itself by offering comprehensive support services, including corporate venturing, open innovation programs, and digital transformation consulting for established companies. This dual approach allows them to not only fund startups but also to create tangible value by connecting them with potential corporate clients and partners, thereby fostering a symbiotic relationship between agile innovation and corporate scale.

A significant part of GELLIFY's investment activity is channeled through its dedicated venture capital fund, GELLIFY Digital Investments (GDI). The first iteration, GDI Fund I, successfully raised €50 million (approximately $54 million USD), demonstrating its substantial financial capacity. This fund is specifically designed to invest in B2B tech startups, primarily across Italy, Spain, and the UK. For initial investments, GELLIFY typically writes checks ranging from €500,000 to €2 million (approximately $540,000 to $2.16 million USD), with the potential for follow-on investments in subsequent funding rounds. To date, GELLIFY has invested in over 20 startups, showcasing its active role in the European tech ecosystem.

Investor Profile

GELLIFY has backed more than 42 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 5% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Italy, United Kingdom, United States.
  • Strong thematic focus on Software, Information Technology, Artificial Intelligence (AI).
  • Typical check size: $540K – $2.2M.

Stage Focus

  • Seed (43%)
  • Series A (24%)
  • Series Unknown (14%)
  • Private Equity (7%)
  • Undisclosed (5%)
  • Pre Seed (2%)
  • Series B (2%)
  • Equity Crowdfunding (2%)

Country Focus

  • Italy (81%)
  • United Kingdom (7%)
  • United States (5%)
  • Switzerland (2%)
  • Germany (2%)

Industry Focus

  • Software
  • Information Technology
  • Artificial Intelligence (Ai)
  • Internet
  • E-commerce
  • Food And Beverage
  • Marketplace
  • Analytics
  • Machine Learning
  • Energy
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does GELLIFY frequently co-invest with?

Doorway Capital
Europe, England, United Kingdom, London
Co-Investments: 2
Italian Angels for Growth
Europe, Lombardia, Italy, Milan
Co-Investments: 2
Exor Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
United Ventures
Europe, Lombardia, Italy, Milan
Co-Investments: 2
Azimut Libera Impresa
Europe, Lombardia, Italy, Milano
Co-Investments: 6
B Group
North America, Florida, United States, Palm Beach
Co-Investments: 1
AD
Europe, Lombardia, Italy, Milano
Co-Investments: 5
CRiF
Europe, Emilia-Romagna, Italy, Bologna
Co-Investments: 2
CDP Venture Capital
Europe, Lazio, Italy, Rome
Co-Investments: 3
Vertis
Europe, Lombardia, Italy, Milan
Co-Investments: 2

Which angels does GELLIFY often collaborate with?

GP
Europe, Lombardia, Italy, Milano
Shared Deals: 1
FG
North America, Texas, United States, Italy
Shared Deals: 1

What are some of recent deals done by GELLIFY?

BizAway

Spilimbergo, Friuli-Venezia Giulia, Italy

BizAway is the ultimate solution to book, manage and control business travel.

Business TravelSoftwareTravelTravel Agency
Private EquitySep 16, 2024
Amount Raised: $38,952,641
CercaOfficina

Milano, Lombardia, Italy

Cercaofficina.it is the online portal that helps you compare quotes for some mechanical repairs and bodywork on your car.

AutomotiveE-CommerceInternetLogisticsOnline PortalsService Industry
Private EquityFeb 8, 2023
Amount Raised: $1,821,640
Deliveristo

Milano, Lombardia, Italy

B2B Foodtech marketplace that connects Ho.Re.Ca. (Hôtellerie - Restaurant - Cafè) with Suppliers

Food and BeverageMarketplace
Series UnknownJul 28, 2022
Amount Raised: $7,134,478
Smartpricing

Riva Del Garda, Trentino-Alto Adige, Italy

Smartpricing is a provider of computer software application and revenue management system solutions to Hotel.

ComputerSoftware
SeedJul 13, 2022
Amount Raised: $2,006,865
BizAway

Spilimbergo, Friuli-Venezia Giulia, Italy

BizAway is the ultimate solution to book, manage and control business travel.

Business TravelSoftwareTravelTravel Agency
Series AApr 20, 2022
Amount Raised: $10,850,094
Insoore

Roma, Lazio, Italy

On Demand and real-time damage assessment to make insurance claims management process faster and sure.

CrowdsourcingInsuranceInsurTechMobileRisk ManagementSoftware
Series AApr 7, 2022
Amount Raised: $5,975,390
Forward Factory

Casalecchio Di Reno, Emilia-Romagna, Italy

The Digital Manufacturing accelerator of CDP National Accelerator Network | THE CALL FOR STARTUP IS OPEN

Manufacturing
SeedDec 14, 2021
Amount Raised: $9,726,564
STEP 4 Business

Milan, Lombardia, Italy

STEP is the answer to small and medium-sized businesses' most pressing demands.

Financial ServicesFinTech
SeedOct 29, 2021
Amount Raised: $9,826,930
Athics

Milan, Lombardia, Italy

Athics is an artificial intelligence company that develops a platform for conversational AI agents.

Artificial Intelligence (AI)Information TechnologyMachine LearningSoftware
Private EquitySep 21, 2021
Enerbrain

Torino, Piemonte, Italy

Enerbrain turns wasteful buildings into smarter, healthier & more sustainable ones with an innovative IoT energy retrofit solution.

EnergyEnergy EfficiencyEnergy ManagementFacility ManagementInformation TechnologyRenewable EnergySmart Building
Series BAug 2, 2021
Amount Raised: $6,174,547