About Rancilio Cube SICAF
Rancilio Cube SICAF is a venture capital firm founded in 2013. It is primarily based out of Milan, Italy. As of Feb 2019, Rancilio Cube SICAF has invested in 30 companies. It primarily invests in Series A round in Italy based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Casavo Overall, Rancilio Cube SICAF portfolio has seen 9 unicorns, 3 IPOs and 4 acquisitions including key companies like SumUp, SpaceX and Flexport. A lot of funds co-invest with Rancilio Cube SICAF, with names like Innogest Capital sharing a substantial percentage of its portfolio. Rancilio Cube SICAF has team of 19 people including 6 partners.Key Metrics
Rancilio Cube SICAF's List of Top Investments
Rancilio Cube SICAF has a portfolio of 30 companies, including 9 unicorns. Their most notable investments are in Parquery and Andrew Alliance.Their portfolio spans across United States, Italy, United Kingdom and 3 more locations. They have invested in Enterprise Applications, Consumer, Retail and 16 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Rancilio Cube SICAF:1. SumUp
Provider of card payment terminals and point of sale systems. These hardware and software tools facilitate transaction processing for merchants. The offerings include mobile card readers, self-service kiosks, and digital invoicing capabilities. Merchants utilize these tools to accept contactless payments and manage financial records. The system integrates with mobile applications to support business operations and order processing.
Key facts about SumUp
- Founded Year: 2012
- Location: Wilmington (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $997M
- Employee Count: 4,196 as on May 31, 2026
- Investors: Temasek, AllianceBernstein and 49 Others
- Latest Funding Round: Conventional Debt, May 19, 2025, $*****
- Highlight: Editors' Pick

2. SpaceX
Provider of advanced aerospace and space transportation services. It delivers advanced launch services using reusable rocket systems designed to transport crew and cargo for missions to orbit, the Moon, Mars, and deep space exploration. It also develops and operates large-scale satellite networks that provide high-speed, low-latency internet connectivity across the globe, including remote and underserved regions. It supports human spaceflight programs aimed at expanding long-duration space exploration and increasing access to space for both commercial and governmental missions.
Key facts about SpaceX
- Founded Year: 2002
- Location: Hawthorne (United States)
- Stage: Public
- Total Funding till date: $11.9B
- Employee Count: 19,280 as on May 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 254 Others
- Latest Funding Round: Series J, Mar 17, 2026, $*****
- Highlight: Public

3. Flexport
Provider of end-to-end supply chain logistics platform. It offers ocean and air freight, trucking, and fulfillment services. The platform provides real-time shipment tracking and management tools, including customs brokerage and trade finance options. It also includes features for order management, buyer consolidation, and carbon control. The platform integrates with various e-commerce and retail partners, facilitating seamless omnichannel selling. The company aims to streamline the entire supply chain process from origin to customer delivery.
Key facts about Flexport
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.5B
- Employee Count: 2,867 as on May 31, 2026
- Investors: Star Tech NG, Syren Capital Advisors and 117 Others
- Latest Funding Round: Series E, Jan 19, 2024, $*****
- Highlight: Editors' Pick
4. Calm
Digital wellness platform. It offers meditation and sleep-related content and resources to users, aiming to promote relaxation and stress relief. The platform features guided meditations, sleep stories, and relaxing music to help users manage stress and anxiety. Content includes guided meditations, sleep stories, and breathing exercises.
Key facts about Calm
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $225M
- Employee Count: 734 as on May 31, 2026
- Investors: Norwest, Insight Partners and 63 Others
- Latest Funding Round: Grant (prize money), Mar 01, 2021, $*****
- Highlight: Editors' Pick
5. Perk
Provider of AI powered platform for managing business travel, expenses, and invoices. It offers tools for booking trips, managing expenses, and processing invoices. It provides features such as automated receipt matching, intelligent invoice management, and customizable event planning. It also offers real-time visibility into company spend, flexible policies and approvals, and role-based permissions and controls.
Key facts about Perk
- Founded Year: 2012
- Location: Austin (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $715M
- Employee Count: 49 as on May 31, 2026
- Investors: General Catalyst, DST Global and 33 Others
- Latest Funding Round: Conventional Debt, Jun 03, 2026, $*****
- Highlight: Editors' Pick
Rancilio Cube SICAF's Year-on-Year Investment Trends
Rancilio Cube SICAF has invested in 30 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Casavo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 2 | 0 | 2 |
2017 | 3 | 0 | 3 |
Rancilio Cube SICAF's Investments by Stage
Rancilio Cube SICAF has made 3 investments in Seed stage with an average round size of $1.53M, 3 investments in Series A stage with an average round size of $6.1M, 1 investment in Series B stage with an average round size of $14M and 1 investment in Series C stage with an average round size of $14M.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Series A | 3 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Rancilio Cube SICAF's Investments by Sector
Rancilio Cube SICAF has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Retail and FinTech. Notably, it has invested in 30 Tech companies, 23 Enterprise (B2B) companies, 17 Software companies and at least 13 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 5 |
Enterprise Applications | 3 |
High Tech | 3 |
Retail | 3 |
FinTech | 2 |
Others | 17 |
Note: We have considered here, only first round of investments
Rancilio Cube SICAF's Investments by Geography
Rancilio Cube SICAF has made most investments in Italy (5), followed by Switzerland where it has made 2 investments.Country | No. of Investments |
|---|---|
Italy | 5 |
Switzerland | 2 |
Germany | 1 |
Note: We have considered here, only first round of investments
Rancilio Cube SICAF's recent investments
Rancilio Cube SICAF has not made any investment in 2026 so far.Here are the most recent investments by Rancilio Cube SICAF:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 22, 2019 | Italy | Series A | 2588 | [+5] | |
Nov 07, 2018 | Germany | Series B | 6024 | [+4] | |
Jun 12, 2018 | Switzerland | Series C | 9364 | [+3] | |
Aug 24, 2017 | Switzerland | Seed | 3028 | [+2] | |
Apr 26, 2017 | Italy | Seed | 5137 | [+2] |
Unicorns in Rancilio Cube SICAF's Portfolio
Rancilio Cube SICAF has 9 unicorns in its portfolio - Perk, Headspace, sennder and others. The most recent unicorn in their portfolio is Perk. It became a unicorn in 2022, 4 years before Rancilio Cube SICAF first invested in it.Here is a list of unicorns in Rancilio Cube SICAF's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
77 | Provider of AI powered platform for managing business travel, expenses, and invoices | 2012 | Austin | Series E | hvkmwog | ||
72 | Provider of mental health support services via application and human care | 2010 | Santa Monica | Series C | touanis | ||
68 | Tech enabled trucking services | 2015 | Berlin | Series D | f{xgzmq | ||
62 | Provider of an online pharmacy for delivering medicines | 2015 | New York City | Series D | lvsxuth | ||
79 | Digital wellness platform | 2012 | San Francisco | Series C | rdsy{qp |
IPOs and Publicly Listed companies in Rancilio Cube SICAF's Portfolio
3 of Rancilio Cube SICAF's portfolio companies have become public. SpaceX got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jun 2026 at marketcap of $996B and Taboola got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ).Here are Rancilio Cube SICAF's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 12, 2026 | - | - | 4357 | |
Jun 30, 2021 | - | - | 6587 | |
- | - | - | 4640 |
Acquired companies in Rancilio Cube SICAF's Portfolio
4 companies from Rancilio Cube SICAF's portfolio have been acquired. The most recent acquisition was Convoy in Jul 2025 by DAT Solutions for $*****.Here are Rancilio Cube SICAF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 28, 2025 | - | - | 9104 | |
Feb 21, 2024 | Jun 18, 2016 | Series A | 4416 | |
Nov 05, 2020 | Aug 24, 2017 | Seed | 2050 | |
Jan 13, 2020 | Jun 12, 2018 | Series C | 8302 |
Team profile of Rancilio Cube SICAF
Rancilio Cube SICAF has a team of 19 members including 6 Partners located in Italy. Rancilio Cube SICAF's team does not sit on the board of any company as of now.Here is a list of top team members in Rancilio Cube SICAF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Milan | - | ||
Partner | Milan | - | ||
Partner | Milan | - | ||
Partner | - | - | - | |
Partner | Milan | - | ||
Partner | Milan | - |
Co-investors of Rancilio Cube SICAF
Over the past 13 years, 65 investors have co-invested in Rancilio Cube SICAF's portfolio companies. This includes funds and angels.
- Invested before Rancilio Cube SICAF: 360 Capital Partners, Picus Capital and 5 others have invested in rounds before Rancilio Cube SICAF. There is 1 company where 360 Capital Partners has invested before Rancilio Cube SICAF and 1 company where Picus Capital has invested before Rancilio Cube SICAF.
- Top Co-investors of Rancilio Cube SICAF: 23 investors entered a company along with Rancilio Cube SICAF. These include investors like Innogest Capital (1 company).
- Invested after Rancilio Cube SICAF: A total of 35 investors have invested in Rancilio Cube SICAF's portfolio after their investments. Top Investors include Endeavor (2 companies), Exor (2 companies) and Verlinvest (1 company).
Recent News related to Rancilio Cube SICAF
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Rancilio Cube Sicaf, new capital increase. Collected 12 million eurosMilanofinanza•May 25, 2023•Rancilio Cube SICAF, Bank of Italy