Cosmico’s Strategic Growth Through Acquisition
Cosmico, an Italian startup headquartered in Milan, has successfully raised €12 million in a Series B funding round led by P101 SGR, with ongoing support from Prana Ventures. This funding will bolster its strategy of transforming the freelance marketplace, as the company has also completed the acquisition of Flatmates, an Italian creator-economy agency, ahead of schedule.
Financial Performance and Future Plans
In 2025, Cosmico reported an impressive revenue of €24 million, marking a significant 109% increase compared to the prior year. The startup’s innovative business model focuses on providing corporate clients access to a network of over 35,000 digital professionals across Italy and Spain. Unlike traditional freelancer marketplaces, Cosmico employs a managed service approach to talent matching, allowing brands to find both content creators and AI project managers efficiently.
“We have become a Future of Work holding company with five verticals today and a growth ambition that runs through strategic transactions like this one,” stated Francesco Marino, co-founder of Cosmico. The company aims to complete three additional acquisitions by year-end to further strengthen its presence in the market.
Competitive Landscape
Cosmico differentiates itself by focusing on mergers and acquisitions, rather than merely increasing the number of freelancers. This strategic approach positions it against established competitors like Malt and Worksome, as well as traditional staffing firms such as Gi Group and Adecco, which still dominate the Italian and Spanish markets.
Stefano Guidotti, Partner at P101, emphasized their commitment to Cosmico by stating, “The results of the last two years have confirmed the soundness of our investment thesis regarding the adaptability of workers and corporates.”
Conclusion
With fresh funding and an aggressive acquisition strategy, Cosmico is poised to redefine the freelance landscape, leveraging AI to enhance talent matching and expand its service offerings. The company’s innovative vision is set to make significant waves in the evolving gig economy.
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