Ithaca Investments
Also known as Ithaca
Milan early-stage investment company founded in 2014 by Luigi Berlusconi with Giorgio Valaguzza; about $25M in 20 start-ups, mostly fintech, with $100–200K pre-seed and seed tickets.
USEFUL FOR Founders · Co-investors
Early-stage investment company of Luigi Berlusconi (Milan), separate from H14, the family office he runs with his sisters Barbara and Eleonora.
Family & background
- FAMILY
- Berlusconi
- WEALTH ORIGIN
- Fininvest group (media, publishing)
- HEADQUARTERS
- Milan, Italy
- FOUNDED
- 2014
Investment approach
- GEOGRAPHY
- ItalyEurope
- STAGES
- Pre-SeedSeed
- ROUTES
- Companies (own capital)
- STRATEGIES
- Venture capitalDirect investments
- TICKET
- $100K–$200K
Overview
Ithaca Investments was set up in Milan in 2014 by Luigi Berlusconi, son of Silvio Berlusconi, together with former JP Morgan banker Giorgio Valaguzza, as a company separate from H14, the family office Luigi runs with his sisters. EconomyUp, summarising Sifted, reports that its capital comes from the Berlusconi family wealth, that it is an evergreen vehicle focused on Italian founders in Italy and abroad, and that it has invested about $25M in 20 start-ups, mostly fintech, with $100–200K pre-seed and seed tickets, never leading rounds. It has no website or LinkedIn page.
Holdings & investments (7)
- ScalapayNOTABLEFintech
- Young PlatformCrypto & Web3 · since 2021
- SoldoFintech
- YapilyFintech
- SennderMobility & Logistics
- Facile.itFintech · Exited
- Prima AssicurazioniFintech · Exited (2018)
People
Frequently asked questions
Ithaca Investments is a single family office based in Milan, Italy, founded in 2014.
Ithaca Investments invests on behalf of the Berlusconi family (Fininvest group (media, publishing)).
Ithaca Investments invests its own capital into companies. Its stated asset mix includes venture capital and direct investments.
Ithaca Investments invests at Pre-Seed and Seed stages in Fintech, Software & SaaS and Mobility & Logistics.
Ithaca Investments's stated ticket size is $100K–$200K.
Key people at Ithaca Investments include Luigi Berlusconi (Co-founder) and Giorgio Valaguzza (Co-founder).
Ithaca Investments's holdings and investments include Scalapay, Soldo, Yapily, Sennder, Young Platform, Facile.it and Prima Assicurazioni.