Collecto, a luxury fragmented investment platform, completed a seed round of financing of approximately US$3.05 million
On April 3, luxury fragmented investment platform Collecto completed a seed round of 2.8 million euros (about US$3.05 million). LinkedIn Italy CEO Marcello Albergoni, Accenture Interactive Managing Director Alessandro Zanotti, McKinsey senior partner Andrea Travasoni and Guido Frisiani, Wind Tre Italian co-CEO Gianluca Corti, BCG senior consultant and former CEO of ING Italy, Marco Bragadin, Jakala Civitas CEO Giacomo Lorusso, BizPal CEO Fabio Peloso and several seed round investors participated in the investment. The financing structure of this round includes 2.3 million euros equity financing and 500,000 euros from the "Smart & Start Italia" entrepreneurship support plan of the Italian Ministry of Economic Development.
According to reports, Collecto is a platform that democratizes luxury collections by providing partial ownership of exclusive items, including modern art, luxury watches and investment-grade wines.