Azzurro Digitale
Specialized in supporting manufacturing companies in their digital transformation path through a "human centered" process, which places people at the center.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | N/A | N/A | Seed |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 92 % | 18 % | 15 % | 53 % | 15 % | 1 % | 3 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 14 % | 6 % | (2 %) | (4 %) | 11 % | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 10 % | 5 % | (3 %) | (4 %) | 8 % | 5 % | (7 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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Azzurro Digitale operates as a specialized digital transformation boutique focused on the manufacturing industry, positioning itself as a key partner for companies navigating the transition to Industry 5.0. The company was founded in Padua, Italy, in 2015 by Carlo Pasqualetto (CEO), Jacopo Pertile (COO), and Antonio Fornari (CTO). The founders, including childhood friends Pasqualetto and Pertile, leveraged their backgrounds in strategic and financial consulting to establish the firm, driven by a shared goal to digitalize the manufacturing sector.
The firm primarily serves management within manufacturing companies, including CEOs, COOs, and plant managers, helping them digitize industrial processes. Its business model combines the analytical rigor of strategic consulting with the agility of a digital startup. Revenue is generated through strategic consulting services, the development of custom technology solutions, and software platforms that automate and simplify production and workforce planning. The company also helps clients secure public funding for their digital transformation projects. Its client roster includes major industrial players such as Electrolux, Safilo, De' Longhi, Danone, and Ferrari.
A significant milestone was the development of AWMS (Advanced Workforce Management System), a SaaS platform for managing and scheduling factory workers. Initially co-developed with Electrolux, AWMS was spun off in 2019. The Zucchetti Group, Italy's largest software house, began acquiring a stake in AWMS in 2020 and completed a 100% acquisition, valuing the spin-off at €24 million. Despite the sale, the founders remain at the helm of AWMS to guide its next growth phase. Azzurro Digitale has also launched another spin-off, Matix, a platform for managing industrial molds and equipment, which secured a €2.1 million investment round in March 2025.
Keywords: digital transformation, manufacturing industry, strategic consulting, workforce management, Industry 5.0, SaaS platform, process optimization, data intelligence, supply chain management, Internet of Things
