About IllumyFi
IllumyFi is a company based in Milan (Italy) founded in 2022 by Raimondo Fanale and Luigi Stefano Mastromauro. IllumyFi has raised $235.37 thousand across 1 funding round. IllumyFi operates in a competitive market with competitors including Factiva, Plannix and iCashly, among others.
- Headquarter Milan, Italy
- Founders Raimondo Fanale, Luigi Stefano Mastromauro
- SectorsMedia & EntertainmentTechnology
- Email••••••••
- Website illumyfi.com
- Social LinkedIn X
- Total Equity Funding$235.37K (USD)
in 1 rounds
- Latest Funding Round$235.37K (USD), Seed
Jun 2023
Funding Insights of IllumyFi
IllumyFi has successfully raised a total of $235.37K through 1 strategic funding round. The most recent funding activity was a Seed round of $235.37 thousand completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $235,367
- Total Rounds 1
- Last Round Seed — $235,367
- First Round $235,367
(Jun 2023)
All 1 funding rounds of IllumyFi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $235,367 | Seed | – | – | – |
People of IllumyFi
2 people are tracked at IllumyFi (2 in leadership).
| Name | Role | Group |
|---|---|---|
Raimondo Fanale | Co-Founder & CTO | Leadership |
Luigi Stefano Mastromauro | Co-Founder & CEO | Leadership |
Complete people profiles for IllumyFi
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- Full employee list
- Team structure
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Timeline of IllumyFi
2 dated milestones of IllumyFi across 1 years, from founding to its latest funding, stage changes and deals.
- Founded IllumyFi is founded.
- Funding First funding round of $235K.
Competitors of IllumyFi
IllumyFi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Factiva, Plannix and iCashly, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| factiva.com | 1999 | Monmouth Junction, United States | – | – | Business News aggregator | |
| plannix.co | 2023 | Milano, Italy | – | – | Portfolio tracking and management are offered for individual investors. | |
| icashly.com | 2019 | Brescia, Italy | – | – | Offers personalized debit cards and portfolio management for individuals and businesses. |
Detailed competitors of IllumyFi
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Latest news on Illumyfi
Complete news archive for IllumyFi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to IllumyFi
10 companies that operate in the same segment as IllumyFi (DTC Media Innovators), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – | |
Multi-category news is delivered through an app-based platform. | 2016 | Arlington, Virginia, United States | USD 30 M | – | 356 | |
News media platform covering combat sports | 2011 | Singapore | USD 386 M | – | – | |
Multi-category news is curated and delivered in multiple languages. | 2009 | Bengaluru, Karnataka, India | USD 129.01 M | – | 942 | |
Hyperlocal short news app is provided in multiple languages. | 2014 | Hyderabad, Telangana, India | USD 30.77 M | USD 5.35 M | 309 | |
Online platform publishing content focusing on investment | 2011 | Chicago, Illinois, United States | USD 60.4 M | – | – | |
Subscription-based sports media is delivered to local premium audiences. | 2016 | Chicago, Illinois, United States | USD 134.42 M | – | – | |
Multiple online media and lifestyle brands are owned and operated. | 2007 | Levallois-perret, Hauts-de-seine, France | USD 4.7 M | – | – | |
Sports commentary and news are provided through Hupu's platform. | 2004 | Shanghai, China | USD 338.72 M | – | – |
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Frequently Asked Questions about IllumyFi
IllumyFi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
IllumyFi is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Luigi Stefano Mastromauro is the current CEO of IllumyFi. They have also founded this company.
IllumyFi is a funded company, having raised a total of $235.37K across 1 funding round to date. The company's 1st funding round was a Seed of $235.37K, raised on Jun 2023.
IllumyFi was established in 2022 in Milan, Italy, as a fintech platform. Financial portfolios from various institutions are aggregated and monitored through its services. Investment management is facilitated by combining multiple financial tools into one application. User control over financial data is enabled, supported by evolving regulations in the sector. Operations focus on data integration and transparency for portfolio oversight.