MILAN (PRWEB) July 12, 2019
ScaleIT offers an exclusive platform for high-performing European tech scaleups to pitch in front of an exclusive audience of 200 investors from top global VCs who are ready to invest Series A, B and C funding rounds ranging from €3 million to €30 million. The application deadline is July 15th 2019 for the 5th edition of ScaleIT, due to take place in Milan on the October 23rd-24th 2019.
ScaleIT alumni have raised $250M+ after the program since October 2015, 24 companies have raised over $2M and there have been 4 exists to date.
The eligibility requirements for taking part in the selections are: to have achieved a turnover of at least €1 million in the past 12 months or at least one million monthly users (in the case of online B2C), YoY growth of around 100%, and at least 20% of total turnover generated abroad or a clear and sustainable internationalisation strategy.
Scaleups who meet the eligibility criteria are invited to register on https://scaleit.biz/#opencall by July 15th 2019 to be one of the 15 scaleups to pitch on stage in front of investment brands such as Accel, Amadeus Capital, Ardian, Cisco Investments, DN Capital, Draper Esprit, EarlyBird VC, Eight Roads, Highland Europe, Holtzbrinck Ventures, Idinvest, Index Ventures, Iris Capital, Partech Ventures and corporates such as Euronext, AWS, Salesforce, Silverpeak, Orrick, Badenoch & Clark, Poste Italiane, Ludovici & Partners and SisalPay.
According to Lorenzo Franchini, founder of ScaleIT: “Every year we vet hundreds of applications and select 15 of the highest performing scaleups. After a lean program focused on curation and promotion we invite the finalists to Milan in October to pitch on stage in front of 70+ VC funds and 150 top investors who are interested in the region and ready to invest. We thus create a healthy balance of 10+ investors per scale-up and the results speak for themselves: companies taking the stage at ScaleIT have raised over $250 million in the last 3 ½ years and success stories include BeMyEye, MotorK, Musement, Cuebiq, Buzzoole, Supermercato24, Shopfully and more.”
Euronext, the leading pan-European exchange in the Eurozone, has again confirmed its role as main partner of ScaleIT in 2019.