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Vertical SaaS Sector in Italy

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About Vertical SaaS sector in Italy

The Vertical SaaS sector in Italy comprises 1.2K companies, including 200 funded companies having collectively raised $283M in venture capital money and private equity. Out of these, 72 are Series A+ funded.
Vertical SaaS sector in Italy has seen 52 acquisitions and 3 IPOs.
Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions

Top Vertical SaaS Companies in Italy

There are 1,202 Vertical SaaS startups in Italy which include Axyon, Lexroom, Skillvue, Objectway, Renewcast. Out of these, 200 startups are funded, with 72 having secured Series A+ funding.
Over the past 10 years, an average of 53 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Bocconi University, University of California (Los Angeles) and IIM Calcutta.

Here is the list of top Vertical SaaS startups in Italy

Axyon is a company that creates solutions based on Deep Learning for various applications and industries. It was created as a spin-off of DM Digital, a developer of AI-based applications. The company currently has 2 products out: Axyon Syn Finance for investment banks, and Axyon Stocks Analyst that helps in identifying stock trading strategies based on Deep Learning. Apart from these products, Axyon also offers solutions around credit risk assessment, wealth management, fraud detection and sales. Axyon provides a machine learning platform for developing and training machine learning algorithms. Users can access the platform via a easy to use interface where they can select the machine learning models, training data sets, no of CPUs and GPUs the process needs to be distributed on, and deploy trained models to predict new outcomes from data.

Key facts about Axyon

AI powered legal research assistant. It leverages AI algorithms to help lawyers complete legal research. The platform uses semantic search engines and generative algorithms to search and access legal informations. The platform integrates with lawyers workflow to conduct, and manage the research.

Key facts about Lexroom

Provider of AI-powered skills assessment platform. It enables companies to adopt a skills-based approach in recruitment, talent development, and internal mobility, revolutionizing the way candidates and employees are evaluated.

Key facts about Skillvue

Provider of software solutions for wealth managers. Its products and services include solutions for advisors with a set of mobile apps to manage and enhance client relationships, wealth analytics, and a platform that offers business intelligence on advisory and investment activities across the front and back office. It also provides PFP and advice, a platform that enables financial service providers to implement services and operating models based on a client-centric advisory approach and flawless-investment strategy execution.

Key facts about Objectway

  • Founded Year: 1990
  • Location: Milan (Italy)
  • Stage: Acquired
  • Tracxn Score: 51/100 What is this?
  • Competitors Rank: 46 of 713 Competitors

Key facts about Renewcast

Companies founded year-on-year in the Vertical SaaS sector in Italy

120 Vertical SaaS startups in Italy were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Vertical SaaS sector in Italy2026202520242023202220212020201920182017Founded Year0255075100125Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
3
2024
14
2023
25
2022
43
2021
72
2020
120
2019
90
2018
96
2017
76

Stage-wise distribution of Vertical SaaS sector companies in Italy

Out of the total 1,202 Vertical SaaS companies in Italy, 200 have secured funding. Among them, 72 have reached Series A or higher, and 58 to Series B or beyond.

Founded - 1,202
Funded - 200
Series A+ - 72
Series B+ - 58
Series C+ - 55
Company Stage
No. of companies
Founded
1,202
Funded
200
Series A+
72
Series B+
58
Series C+
55
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Top Investors in Vertical SaaS in Italy

Plug and Play Tech Center is the top investor in Vertical SaaS companies in Italy based on number of companies invested.
Here are some top investors in Vertical SaaS companies in Italy:
Investor
Location
Top Portfolio Companies
Sunnyvale (United States)
Paris (France)
Stockholm (Sweden)
-
Fort Worth (United States)
-
Washington, DC (United States)
-
See a more detailed list of investors

M&A activity in Vertical SaaS sector in Italy

In the year 2025, till December 2025, 7 acquisitions happened in Vertical SaaS sector in Italy. Last year, in 2024, a total of 4 acquisitions happened in Vertical SaaS sector in Italy.
Here are some recent, important acquisitions in Vertical SaaS sector in Italy:
Company
Acquisition Type
Acquisition Date
Acquirers
Business Acquisition
Dec 04, 2025
-
 
Business Acquisition
Sep 18, 2025
Business Acquisition
Sep 12, 2025
Business Acquisition
Aug 07, 2025
Business Acquisition
Jul 31, 2025
See a more detailed list of acquisitions

Acquisition trends in Vertical SaaS sector in Italy

Here are the acquisition trends in Vertical SaaS sector in Italy:

Acquisition trends in Vertical SaaS sector in Italy2026202520242023202220212020201920182017Acquisition Round Date (Yearly)0246810Number of Acquisitions
  • Total Number of Acquisitions
Year
No. of companies
2026
-
2025
7
2024
4
2023
10
2022
6
2021
5
2020
5
2019
7
2018
2
2017
1

IPOs in Vertical SaaS in Italy

In the year 2019, till February 2019, 1 IPO happened in Vertical SaaS sector in Italy.
Here are some recent, important IPOs in Vertical SaaS sector in Italy:
Company
IPO Date
Exchange Symbol
Feb 01, 2019
Euronext Exchange (Euronext)
See a more detailed list of IPOs

Top News in Vertical SaaS in Italy

View all Top News for Vertical SaaS companies in Italy

FAQs about Vertical SaaS sector in Italy

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