Startup profile · funding coverage
Cato funding, valuation and investors
Milan AI platform that finds, analyzes, and drafts Italian public-tender bids for sales and procurement teams.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Seed
€6M · September 2026
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
Not publicly disclosed
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
seed · Milan, Italy
Investors in latest funding
Lead: Keen Venture Partners
Other: Italian Founders Fund , Vento , Heartfelt , Moonstone
Overview
Milan-based Cato (AZMB Srl; get-cato.com), founded in 2025 by Andrea Zorzetto and Matteo Bossolini, uses AI to monitor Italian tender portals, extract eligibility and evaluation criteria, and pre-fill administrative and technical bid sections while keeping submissions under client control.
Tech Funding News reported a €6 million seed on September 7, 2026 led by Keen Venture Partners, bringing total funding to €7.6 million after a €1.6 million December 2025 pre-seed led by Italian Founders Fund. Company marketing cites 30+ procurement/sales offices in healthcare, education, and infrastructure.
Why Cato is interesting
September 7, 2026 €6M seed led by Keen Venture Partners — total €7.6M — attacking Italy’s ~€309.7B public procurement market with workflow AI after a one-week MVP and a founder who publicly closed a prior startup.
Product & use cases
Real-time tender monitoring, requirement extraction, bid drafting with source-linked claims, and filters matched to a company’s profile.
- SME and mid-market public-sector sales teams bidding on Italian PA tenders
- Healthcare, education, and infrastructure procurement offices
- Multinationals needing compliant local tender packaging
Key facts
- €6M seed led by Keen Venture Partners; total €7.6M (TFN, Sep 7, 2026)
- Targets Italy’s ~€309.7B tender market (ANAC 2025 figure via TFN)
- Company marketing: 30+ uffici gara in healthcare, education, infrastructure
Funding history (newest first)
Seed
2026-09 €6M- Keen Venture Partners (lead)
- Italian Founders Fund (participant)
- Vento (participant)
- Heartfelt (participant)
- Moonstone (participant)
Industries
Market / IPO context
Editorial / static context — not a live quote.
Last updated:
Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.