Vertis leads €6.4m funding round for Milkman

Previous backers P101 and 360 Capital Partners also took part in the investment.

Vertis deployed capital from its Vertis Venture 2 Scaleup fund, which was launched in July 2017 with a €60m target and held a first close in August 2017 on €30m.

Previous funding
Italian venture capital firms P101 and 360 Capital Partners led a €1.05m funding round for Milkman in September 2016.

Company
Founded in 2015 and based in Milan, Milkman develops home delivery mobile applications. The company's software is based on a cloud platform and allows customers to schedule deliveries. Milkman generated revenues of €2.1m in 2017 and expects to reach €7m in 2018.

People
Vertis - Mauro Odorico (investment director).
P101 – Andrea di Camillo (managing partner).
360 Capital Partners – Cesare Maifredi (general partner).
Milkman – Antonio Perini (co-founder, CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• Southern Europe
• Technology
• Italy
• Venture