Mamacrowd Raises 14 Million in Q1 2023 (+54%) and Partners Elite

Mamacrowd, the first Italian platform for equity crowdfunding investments, raised over 14 million in the first half of 2023 (+54% compared to the same half of 2022) from over 2,300 investors and marked the first two real estate exit with G311 and Milano 1040.

Both companies have, in fact, completed their projects by selling all the apartments and have been put into liquidation, thus enabling investors to repay their capital and projected returns.

“As a primary operator, despite the fact that the sector at the national level is experiencing a downturn, we are pleased with this start of the year that confirms the continued growth of Mamacrowd on several fronts: not only the number of investors and therefore investments are increasing, but also the recently launched real estate segment is establishing itself among the most interesting assets for our community,” explained Dario Giudici, CEO of Mamacrowd.

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Mamacrowd partners Elite

In addition, Mamacrowd announced a partnership with Elite, the ecosystem launched by Borsa Italiana and part of the Euronext Group. This collaboration, which sees Mamacrowd as the first equity crowdfunding platform to be part of this network, aims to give a faster response to ELITE companies that have an interest in delving into the equity crowdfunding tool to finance their development plans.

Being part of the ELITE ecosystem also means having access to resources and networking opportunities that can accelerate the growth and success of businesses. This also enables active users on Mamacrowd to invest in the real economy, knowing that the ELITE companies they will become members of are comprehensively and professionally supported by ELITE’s partner banking institutions, advisory firms, law firms, and financial communications companies in order to provide an increasingly comprehensive service to startups and SMEs.

Support for women’s entrepreneurship

Also in support of businesses, Mamacrowd is launching a “call for women” that aims to enhance female entrepreneurship through a 50 percent discount on the fee for all companies that have at least 70 percent female founders and/or partners and wish to apply on the platform by December 31st, 2023.

This operation, which has a value of more than 100,000 euros, is part of a broader gender policy that the company itself is implementing and which, to date, has led to having about 37 percent women in the company of which 30 percent are in managerial roles.

About Mamacrowd

Managed by SiamoSoci Srl an Azimut Group company, MAMACROWD is the leading Italian equity crowdfunding platform by capital raised. Azimut had increased its stake, held since 2013, to 51 percent at the end of 2021.

The platform allows investors to become partners, through a simple, fully online and Consob-supervised process, in startups pre-selected by the incubator network, promising companies that are already making money with market-validated businesses.

Investors can diversify their investments by creating a portfolio of innovative startups and become partners in companies operating in the fastest-growing innovative sectors of the Italian economy.

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(Featured image by RDNE Stock Project via Pexels)

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