GELLIFY

GELLIFY operates a hybrid model that includes a venture studio, an investment fund, and a digital transformation consultancy. The studio co-founds companies from concept, the consultancy provides fee income that reduces dependence on external LPs, and the fund invests in both studio-born and external startups. This integrated structure is uncommon in Southern Europe, where venture capital and company-building are typically separated.

Investment and studio-building decisions are led by founders Michele Giordani, Francesco Ferri, and Fabio Nalucci. The three maintain active involvement in selecting the startups the studio launches and the external companies that receive fund investment. The firm has not publicly designated a standalone CIO or investment committee separate from the founding team.

No. While Italy is its home market and largest concentration of activity, GELLIFY has expanded into Spain through its Madrid office and into the Middle East through Dubai. Portfolio company Electra Vehicles, for example, operates from both Boston and Milan, reflecting the firm's willingness to back companies with transatlantic operations when the technology aligns with its B2B software focus.

The venture studio co-founds companies at the pre-seed and seed stages, providing the initial capital, product development, and go-to-market resources. The investment fund then writes checks from seed through Series B, both for studio-born companies that graduate and for external B2B software startups that fit the sector thesis. The firm does not participate in late-stage growth rounds or buyouts.

Yes, the consultancy functions as an intelligence-gathering engine. GELLIFY's digital transformation mandates with Italian industrial mid-market firms reveal operational pain points and technology gaps. The studio uses that market signal to identify B2B software opportunities, effectively using client engagements as a proprietary sourcing channel that traditional venture funds lack.