Monday, December 22, 2014

Qurami raises €590k in seed funding from UniCredit Start Lab, LVenture Group and Italian Angels for Growth (IAG)

Less than 10 months after the launch of the program acceleration UniCredit Start Lab, sponsored by UniCredit to encourage the development of innovative Italian startups, the bank has delivered its first investment in favor of Quramia young Roman company which is developing an app that eliminates queues.

The investment of total €590k was carried out by UniCredit, in cooperation with LVenture Group, one of the first operators of Seed Venture Capital listed on the MTA of the Italian Stock Exchange, and other business angels of the Italian Angels for Growth (IAG) network. Qurami is the first startupamong those involved in the UniCredit Start Lab - whose first edition of the program has attracted numerous startups operating in different sectors, from Life Science to ICT, from the Made in Italy to Cleantech - in which UniCredit steps in with a direct investment. The company stood out for its ability to capture market needs and translate them into business ideas. 

The investment round will now allow
the further growth of Qurami, a company born in 2011 from an idea of the current CEO Roberto Macina and quickly established itself as of one of the most innovative solutions for the improvement of services and the quality of life in future smart cities.  The Qurami app allows users to take a virtual number, placed in the stream of paper ones, and put themselves in a line from anywhere you want to eliminate the queues at counters and allowing people to save time and optimize travel. Qurami is already active in different structures in Italy, in particular municipalities, hospitals and universities.

Now, thanks to the support of an international giant such as UniCredit, the company wants to widen the borders of its business, by targeting new markets and new solution always more innovative.

LVenture Group founded with the aim of creating value by investing and actively supporting the growth of high potential digital startups. LVenture Group is currently one of the major market players in the segments of micro seed financing - investment of limited financial resources in favor of startups selected and included in the acceleration program managed by the subsidiary EnLabs Srl - "LUISS ENLABS, the startups factory" - and seed financing: investments in startups in the most advanced stages of growth that require more financial resources to support product development and market entry.