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
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Sectors
Media & EntertainmentTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$235.37 K (USD)
in 1 rounds
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Latest Funding Round
$235.37 K (USD), Seed
Jun 01, 2023
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Investors
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $235,367
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First Round
First Round
(01 Jun 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2023 | Amount | Seed - IllumyFi | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by IllumyFi
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - IllumyFi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Illumyfi Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Business News aggregator
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| domain | founded_year | HQ Location |
Portfolio tracking and management are offered for individual investors.
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| domain | founded_year | HQ Location |
Offers personalized debit cards and portfolio management for individuals and businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Illumyfi
Frequently Asked Questions about IllumyFi
When was IllumyFi founded?
IllumyFi was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is IllumyFi located?
IllumyFi is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Who is the current CEO of IllumyFi?
Luigi Stefano Mastromauro is the current CEO of IllumyFi. They have also founded this company.
Is IllumyFi a funded 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 01, 2023.
What does IllumyFi do?
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.
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