Nebuly has raised a $21 million Series A led by Planven, announced on November 12, 2026. The Turin- and New York-based startup will spend it on a bigger go-to-market team in the US and Europe and on more platform development, Nebuly said.
The announcement gives no valuation, no revenue and no total for earlier rounds.
Exor Ventures, Tenacity Capital and TGVG Capital joined Planven, along with Fastweb+Vodafone (through Founders Factory), returning investors and angels. CDP Venture Capital SGR came in through two vehicles: its Artificial Intelligence Fund and its Digital Transition Fund, which is financed by the EU’s NextGenerationEU program.
The product puts a value on what enterprise AI agents do. For employee tools, it estimates hours saved, capacity freed and new tasks taken on. For customer-facing assistants, it tracks AI-influenced revenue and flags churn risk and upsell openings, and finance teams can see and adjust the assumptions behind each figure. It connects to agents built on OpenAI’s ChatGPT, Claude and Microsoft Copilot (two of OpenAI’s main competitors), and its models can run on-premise or in a customer’s private cloud.
Customers are the first group affected. Nebuly names five: Oura, Iveco Group, Fastweb+Vodafone, CNH and Zeiss. It says it holds multiple six-figure contracts with large enterprises in six sectors: telecommunications, automotive, industrial manufacturing, luxury, healthcare and technology.
Look closer at that list. Iveco Group and CNH both appear among the portfolio companies of Exor, the Agnelli family holding company, whose venture arm is in this round. Fastweb+Vodafone is a customer and an investor at the same time.
Staff come next. Nebuly is hiring for go-to-market, solutions and engineering roles in New York, London, Germany and Italy. Francesco Signorato, now CEO, founded the company in 2022 with Julien Roux and Diego Fiori, according to The Next Web’s report on the round.
The lead investor gave its reason for backing the company:
“Measuring AI’s return will become a standard part of running any large organization, and Nebuly is building the way to do it.”
Giovanni Canetta Roeder, Managing Partner, Planven
What does $21 million actually tell you?
It tells you investors committed $21 million. It doesn’t tell you what stake they got, what Nebuly is worth or what it earns.
“Multiple six-figure contracts” sets a floor and nothing more. Two contracts at $100,000 each is the minimum that phrase allows: 2 × $100,000 = $200,000. The release gives no upper figure.
The pitch also leans on Gartner survey numbers quoted in the release: 85% of functional leaders plan to raise AI spending this year, while 22% of organizations have scaled AI across multiple business units. That is a 63-point spread (85 − 22), but the two figures describe different groups, so treat it as a rough gap.
What to watch: whether the next update names more than five customers, puts a dollar value on its contracts or gives a headcount.
