GELLIFY announced its ranking inthe FT 1000 list of European companies solidifying its position as one of the fastest-growing business conglomerates. The company was also included among the Leaders of Growth 2022 by Statista and Il Sole 24 Ore in November 2021 and is given this prestigious ranking for a second consecutive year.
Also included in the top 1,000 are three startups from GELLIFY’s portfolio: Winelivery, the first Italian service of home delivery of wine and alcoholic beverages, which comes in ninth position overall and the first Italian company; Sixth-sense, a startup that uses the skills of data analysis for Big Data solutions, and Enerbrain company that optimizes energy consumption for air conditioning. The inclusion of these startups substantiates the strength of GELLIFY’s business model designed to assert new and emerging businesses to scale up.
GELLIFY Middle East in partnership with Asset Manager Azimut last year launched a $50-Million VC Fund for the Middle East and North Africa (MENA) Region to invest in companies with the potential to disrupt sectors such as smart cities, health care, digital commerce, FinTech and tourism through the use of advanced technology such as artificial intelligence, the Internet of Things, blockchain and cyber security. The aim was to replicate the experience in Europe where GELLIFY has made successful exits and, in the process, enhanced the innovation capacity of the region.
Massimo Cannizzo, CEO and co-founder of GELLIFY Middle East, while commenting on GELLIFY’s inclusion in FT 1000 ranking said, “Recognition of GELLIFY and three of its startups in FT 1000 for the second time proves that our business model is exceptional and sufficiently resilient. GELLIFY is quite a unique player in the environment of innovation because while it’s a technology innovation enabler for Corporates and Governments, it is also a “gellificator” for startups and it also manages a VC fund focused on B2B Advanced Tech. We are here to replicate the same kind of model, style and ideas that we have successfully applied in Europe. Our strategy to expand, make a huge impact in the digital tech ecosystem here in the region and create a strong position in the Middle East continues as we help new businesses survive and grow”.
Last year UAE-based employee SaaS platform Workfam received an undisclosed co-investment from GELLIFY and Azimut through the Azimut Digitech Fund, the first investment in the Middle East to join a portfolio of over 50 start-ups. Workfam is an employee engagement SaaS platform that supports organisations with their mission to create a happy, healthy and highly engaged workforce.
