P101 SGR

Since 2013, P101 SGR has championed the entrepreneurial spirit of the bravest innovators, accompanying them from early stage to exit, through all the phases of growth. Today, they invest in the series A and B stages of digital companies, upporting and advising founders who are committed to becoming market leaders. They are long term-partners: your challenges are our challenges throughout the way to success.

Their goal is to flank Founders for 5 to 10 years, sharing challenges and success. They are venture investors, which means they always take minority positions
in portfolio companies and play an “internal advisor” role to support them
in their growth path. When they first invest, they look for:

-A solid founding team, with the right human and professional elements to drive that specific company in that specific market
(the so-called “founder-strategy fit”)

-Product-market fit, i.e. evidence that your innovative products and/or services already show significant traction

-Scalability

-Solid strategic choices and financial management

-Attention to non-financial performances (translated in SDG and ESG parameters)

Launched in December 2022, with a first close at €150M and a target close at €250M by 2023, their fund Programma 103 is supported by Azimut, CDP, European Investment Fund, BPM, Inarcassa, ISP Group Pension Fund, and some of most important Italian family offices. Investment tickets will range between €1M and €10M+ each.

Their verticals include areas such as fintech, proptech, edutech, cybersecurity. Sustainability will be a major feature of all investments. 

Portfolio: 4books, 2hire, 1000farmacie, Bipi.