JetHR Making Payroll Sexy, Vikey Acquired, Investor-Founder Match - June 25, 2025 #175
Description
Jet HR, an HR tech startup, just raised €25M in a growth round from Base10 Partners, Exor Ventures, and the Italian Founders Fund. Known for integrating with over 600 government entities and simplifying Italy’s complex payroll system, Jet HR achieved a 6X increase in ARR and now serves over 700 SMEs. The founders—already seasoned entrepreneurs—are steering the company toward breakeven while scaling rapidly. This marks one of the fastest-growing ventures in the Italian ecosystem this year. The episode also covers the M&A exit of VKey, acquired by Zucchetti, signaling a return to liquidity in Italy’s venture market. In the broader context, Italian investors like Neva SGR are backing next-gen tech such as nuclear fusion and quantum computing, suggesting Italy’s quiet but impactful push into deep tech. The conversation ends with Roberto Bonanzinga’s philosophical take on investor-founder alignment, reminding us that capital doesn’t create maturity—only traction does.
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