AAA Powerlist Q&A – Andrea Birolo, Reale Group

Powerlist Q&A – Andrea Birolo, Reale Group

Regarding Andrea Birolo, head of corporate venture capital (CVC) at Italy-based insurer Reale Group, Tommaso Lemessi, co-founder of​ roadside assistance service Charlie24​​, said: “I would like to thank Reale Group Corporate Venturing for choosing to invest in Charlie24. We are working together in order to create vertical and horizontal synergies, and always find efficient solutions in the best interests of the project. As a startup, we focus on bringing digital efficiency to the processes and Reale Group Corporate Venturing has always provided us with its support in all possible scopes, thus rendering this Joint Venture even more engaging and exciting.”

Giacomo De Lorenzo, co-founder of​ consumer point-of-sale loan provider Moneymour, also said:​​​​ “We were aware that the key to start our business consisted in the right partner bank to help us implement our project. We talked with many banks and, at last, we met Reale Group Corporate Venturing​. They immediately expressed a strong interest that has materialized into a strategic operation: capital investments and, after a period of coaching, support in the market launch of the business.”

Maurizio Campia, co-founder of pharmacy product delivery service Pharmercure, added:​​​ “Reale Group Corporate Venturing believed in Pharmercure since it was only a project and followed us until we became a growing company, supporting us not only from a financial point of view but also with skills, contacts and business opportunities. Reale Group has found in Pharmercure a strong affinity with its business and has decided to invest in order to pursue its goal of constantly innovating: for this reason, we believe it has been the ideal investor for us.​”

Regarding what corporations can do to make the CVC industry stronger, Birolo advised: “From the Italian point of view, it could be important to strengthen the relationship with your own top management and create a strong ecosystem among CVC players.”

By Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.