The big picture: Cosmico, a Milan-headquartered company, has completed a €12 million Series B funding round led by P101 SGR, alongside the full acquisition of Italian creator-economy agency Flatmates.
Why it matters:
- Strategic Growth: The fresh capital will fund three new acquisitions by year-end, accelerating Cosmico’s strategy to build a multi-vertical “Future of Work” holding company.
- Market Differentiation: Cosmico aims to replace traditional freelancer marketplaces by integrating diverse business lines and cross-selling services to corporate clients.
- Strong Financials: The group reported €24 million in revenue for 2025, a 109% year-over-year increase, with €20 million already contracted in the first four months of the current year.
How it works:
- Managed Talent Service: Cosmico provides corporate clients access to a network of over 35,000 digital professionals in Italy and Spain through a managed service model, not a direct marketplace.
- Diverse Business Lines: The company operates four main verticals, including a talent-as-a-service platform, Flatmates for the creator economy, a creative harbor for employee engagement, and Play New for AI-augmented workers.
- Integrated Client Solutions: This multi-vertical approach allows clients to source various digital needs, from content creators to AI project managers, from a single group.
The catch: Cosmico faces stiff competition from established freelancer marketplaces like Malt and Worksome, as well as traditional staffing firms such as Gi Group and Adecco. Its aggressive M&A strategy, while a differentiator, carries inherent risks related to integration challenges, maintaining brand cohesion, and managing diverse corporate cultures across its rapidly expanding verticals in a dynamic “Future of Work” market.
Key Facts
- Company: Cosmico
- Amount: €12M
- Round: Series B
- Investors: P101 SGR (lead), Prana Ventures
- Founders: Francesco Marino, Simone Tornabene, Matteo Roversi
- Sector: HR Tech
- Headquarters: Milan, Italy
