# Growth Engine

> Growth Engine is a VC fund in Milan backing E-Commerce and Software. See 47 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Milan, Italy
- Total investments: 47
- Last investment: Mar 2026
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/growth-engine1/
- Website: https://www.growthengine.it/

Growth Engine is a Venture Capital holding investing in Pre-Seed and Seed high-potential opportunities. With a current portfolio of more than 40 companies, most of them evolved in successful Scaleups, Growth Engine is a diversified asset class by sector and stage. Growth Engine Shareholders are entrepreneurs who have built companies from the groundup, collectively creating billions in value, and top executives managing companies with multi-billion-dollar valuations.

## Contacts

5 contacts available for Growth Engine. Shizune tracks 1 team members at Growth Engine. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/growth-engine-2cd7?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $329k–$4.2M |
| Pre-Seed | $300k–$1.7M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 8 | 17% |
| Software | 7 | 15% |
| Artificial Intelligence | 6 | 13% |
| Information Technology | 5 | 11% |
| Retail | 4 | 9% |

100 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 32% |
| Secondary Market | 11 | 23% |
| Pre-Seed | 8 | 17% |
| Convertible Note | 8 | 17% |
| Funding Round | 3 | 6% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Italy | 36 | 77% |
| Mexico | 1 | 2% |
| Portugal | 1 | 2% |
| United Kingdom | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Vincenzo Cioffi | Chief Development Officer and Shareholder | 1 | https://shizune.co/investors/profile/vincenzo-cioffi |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CiaoDott | CiaoDott uses an AI-powered voice assistant to automatically manage patient calls, organize appointments, and answer frequently asked questions. | $1.7M | Pre-Seed | Mar 17, 2026 |  |
| Vivaio Ventures | Vivaio Ventures partners with early-stage and creator-led consumer brands to scale food, beverage, and beauty products. We offer capital, consulting, and Made in Italy manufacturing excellence for the next CPG leaders. | $571.9K | Pre-Seed | Jun 10, 2025 |  |
| BonusX | BonusX is a digital society that brings processes and case management online. They work with operators. They process and send the documents to the institutions for users. They have severe inefficiencies in economic and social policies. | $239.8K | Convertible Note | Jun 04, 2025 |  |
| WithLess | WithLess is a finance-focused software management platform that employs artificial intelligence to optimize costs and structure procurement procedures. | $227.5K | Convertible Note | May 25, 2025 |  |
| TimeFlow | TimeFlow is a cloud-native ecosystem for workforce and vendor intelligence, enabling mid-sized and enterprise organizations to adopt a data-driven sourcing strategy. Through AI-powered matchmaking, automated qualification workflows, and centralized supplier and skill governance, TimeFlow helps companies optimize their sourcing operations, reducetime-to-hire by up to 70%, and ensure regulatory compliance (DORA, NIS2, ESG).The platform serves both buyers and providers of professional services—offering buyers full control over internal and external competencies, and enabling suppliers to showcase certified capabilities, respond to RFPs, and manage their workforce through a single interface. TimeFlow is active across verticals including IT & Digital, BFSI, and Healthcare, and aims to set the global standard for skill-based sourcing by 2030. | $4.2M | Seed | Feb 17, 2025 |  |
| TrueScreen | The sources of trustable data TrueScreen provides companies and professionals with an ecosystem of patented tools capable of guaranteeing trustable and reliable information.Forensic Acquisition Collection of photos, videos, audio, screenshots, and other multimedia content in real time with a patented forensic methodology.Email CertificationCertification with legal value of the content and attachments of any email communicationsDocument Signature Sign any document with full legal value and probative value using an advanced electronic signature.File Notarization Certify any document or file in a second to guarantee legal value, certain date and future immutability. | $2.7M | Seed | Sep 25, 2024 |  |
| Cubbit | Cubbit is more than a cloud provider; it’s the 1st geo-distributed cloud Enabler. With just a few clicks, you can customize a hyper-resilient cloud object storage under your own sovereignty. Cubbit’s DS3 (Distributed S3) software runs anywhere - on your existing resources, in the cloud or at the edge - creating a seamless single data domain foryou. No upfront investment is required, and you can reduce storage costs by up to 80% as well as minimizing your cloud carbon footprint. Ideal for traditional use cases like backup and unique to address new needs driven by Edge, Multi-cloud, and Data Sovereignty requirements. As a company or a Service Provider, with Cubbit you can get back full control on data, infrastructure, and costs. In minutes.In one claim: Your Cloud. Your Rules. Anywhere. | $12.5M | Seed | Jul 16, 2024 |  |
| StarTric | StarTric developes and is taken to clinical use as a transcatheter structural heart implantable device. They are developing a unique transcatheter repair implantable device to treat TR. They manage entrance to the right atrium, reducing the flow to the lungs. They offer heart failure, atrial fibrillation, and other morbidities. |  | Seed | Jul 08, 2024 |  |
| Zefi.ai | Transform users' voice into value | $1.7M | Pre-Seed | May 28, 2024 |  |
| Guidoio | Guidoio is an ed-tech company that streamlines the process of getting your driver's license. | $749.6K | Pre-Seed | Feb 13, 2024 |  |

10 of 47 investments shown.

## Co-investors
- [Primo Capital](https://shizune.co/investors/profile/barcamper-ventures) — VC Fund, 5 deals together
- [Growth Capital](https://shizune.co/investors/profile/growth-capital-9f4a) — VC Fund, 5 deals together
- [LVenture Group](https://shizune.co/investors/profile/lventures) — VC Fund, 3 deals together
- [360 Capital](https://shizune.co/investors/profile/360-capital-partners) — VC Fund, 2 deals together
- [3LB Seed Capital Srl](https://shizune.co/investors/profile/3lb-seed-capital-srl) — VC Fund, 2 deals together
- [Bonsai Venture Capital SCR](https://shizune.co/investors/profile/bonsai-capital) — VC Fund, 2 deals together

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## FAQ

### What does Growth Engine invest in?

Growth Engine invests primarily in E-Commerce, Software and Artificial Intelligence startups, most often at Seed and Secondary Market stage. Most of the 47 investments tracked by Shizune back companies in Italy. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Growth Engine's check size?

Growth Engine typically joins rounds of $329k–$4.2M at Seed and $300k–$1.7M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Growth Engine participates in.

### How do I contact Growth Engine?

Public channels for Growth Engine include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Growth Engine?

The team at Growth Engine includes Vincenzo Cioffi (Chief Development Officer and Shareholder). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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