B Heroes
B Heroes SpA is a Milan-based evergreen venture capital firm founded in 2016 that provides pre-seed and seed funding to Italian entrepreneurs worldwide, combining structured investment with ecosystem and platform support across 164 portfolio companies.
- Company typePrivate
- Founded2016
- HeadquartersMilan, Italy
- Headcount1–10
- GTM typeB2B
- OfferingServices
What B Heroes does
B Heroes SpA is an evergreen venture capital firm headquartered in Milan, Italy, founded in 2016 to provide pre-seed and seed funding to Italian entrepreneurs worldwide. The firm operates a sector-agnostic investment platform with a four-step structured assessment process, and pairs capital deployment with broader ecosystem initiatives including networking events, platform programs, and founder community-building. Since inception it has backed 164 portfolio companies, deployed €23.3 million in capital, recorded 18 exits, and supported over 350 founders, while maintaining a deliberately small internal team of 1-10 people.
The firm's investment activity is concentrated at the earliest stages of company formation. Recent disclosed deals include Qura (€1.5M pre-seed, healthcare AI), Pillar (€3.2M pre-seed, construction fintech), and ReportAId (€2.2M pre-seed, healthcare AI), often syndicated with co-investors such as United Ventures, Italian Founders Fund, Emblem, and Vento. B Heroes distinguishes itself from traditional time-limited VC funds through its evergreen structure, social capital of €3,962,079, and stated emphasis on long-term founder relationships over short-term capital deployment.
Revenue is generated through the standard VC economics of carried interest on portfolio exits and operational management of its evergreen capital base. The firm markets itself primarily through its website (bheroes.it), direct startup applications via its onboarding portal, and ongoing networking events within the Italian startup ecosystem. Its go-to-market relies on direct deal sourcing from the founder community rather than institutional limited-partner fundraising cycles.
B Heroes firmographics
Firmographics- Name
- B Heroes
- Legal name
- B Heroes SpA
- Website
- https://bheroes.it
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- B Heroes SpA is a Milan-based evergreen venture capital firm founded in 2016 that provides pre-seed and seed funding to Italian entrepreneurs worldwide, combining structured investment with ecosystem and platform support across 164 portfolio companies.
- Ownership category
- akta.pro rank
B Heroes industry classification
Industry- Product category
- Venture Capital / Early-Stage Investment
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where B Heroes is headquartered
LocationHeadquarters
- HQ city
- Milan
- HQ country
- Italy
- HQ region
- Europe
Offices1 record
Markets served
B Heroes business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Returns / Carried Interest: As a VC firm, B Heroes generates returns through carried interest on successful portfolio company exits. They invest capital in early-stage startups and realize returns when those companies are acquired, go public, or have successful follow-on funding rounds.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
B Heroes product offering
Product offeringCore offering
B Heroes is an evergreen Venture Capital firm that provides pre-seed and seed funding to early-stage Italian entrepreneurs around the globe. The firm combines capital deployment with ecosystem and platform initiatives, including networking events and targeted support programs, following a sector-agnostic investment thesis and a four-step structured assessment process. Since 2016, B Heroes has invested across 164 portfolio companies, deployed €23.3 million, achieved 18 exits, and supported more than 350 founders.
Product overview
B Heroes is an evergreen Venture Capital firm active since 2016, offering a unified investment platform for early-stage (pre-seed and seed) investments in Italian entrepreneurs. The firm provides funding, ecosystem support, networking events, and platform initiatives through a sector-agnostic, four-step structured assessment process. B Heroes has invested in 164 companies with €23.3M deployed, achieving 18 exits and supporting over 350 founders. Their portfolio includes portfolio companies such as Qura (healthcare AI), Pillar (construction fintech), and ReportAId (healthcare data AI), representing their investment focus areas across healthcare AI and fintech sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- B Heroes Investment Platform An evergreen venture capital investment platform that provides pre-seed and seed capital to Italian founders globally, together with ecosystem support, networking events, and platform initiatives to back startups from day 0.
Quantifiable outcome
- 164 portfolio companies backed
- +2 more outcomes
Companies that use B Heroes
Customer profileSegments1 record
Ideal customer profiles1 record
B Heroes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
B Heroes partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights5 records
B Heroes competitors and assessment
Company assessmentDirect peers
- P101: Italian early-stage VC investing in seed-stage digital and tech startups. Comparable stage, Italian geography, and sector-agnostic approach.
- United Ventures: Italy-based early-stage VC firm investing in Italian technology startups. Direct peer as it operates in the same Italian pre-seed/seed market and has co-invested with B Heroes on Qura and other rounds.
- Italian Founders Fund: Italy-focused early-stage venture fund backing Italian founders globally. Directly comparable mandate to B Heroes and an active co-investor (e.g., led the ReportAId round with B Heroes participating).
- Emblem: European early-stage fund with Italian roots investing at pre-seed and seed. Comparable stage, geography, and sector-agnostic thesis, and a co-investor with B Heroes on Pillar.
- Vento: Italy-based venture capital firm investing in early-stage Italian founders globally. Closely overlapping thesis and stage with B Heroes and a co-investor on recent rounds like Qura.
- LVenture Group: Italian seed-stage investor and accelerator operating a publicly listed venture capital vehicle. Comparable Italian early-stage focus with a structured acceleration platform.
- Innogest Capital: Italy-based early-stage venture capital firm investing in deep-tech and digital startups. Comparable stage and geography, though typically with a more tech-focused thesis.
- Primomiglio: Italian private equity and venture capital firm active in early-stage investments. Comparable Italian geography and early-stage orientation.
Broad incumbents
- 360 Capital Partners: Pan-European early-stage VC with a long-standing Italian presence. Broader geographic reach but overlapping stage and ecosystem role, making it a relevant incumbent peer.
- Speedinvest: Pan-European early-stage fund with sector-focused pods. While broader in geography and more specialized by sector, it represents an established incumbent competing for similar pre-seed/seed European deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
B Heroes social profiles
Digital presenceB Heroes financial estimates
Financial estimateRevenue estimate
Valuation estimate
B Heroes leadership team
Management profileNumber of profiles
Profiles2 records
B Heroes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
B Heroes M&A and investment
M&A and investmentM&A
Investments18 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about B Heroes
What does B Heroes do?
B Heroes is an evergreen Venture Capital firm that provides pre-seed and seed funding to early-stage Italian entrepreneurs around the globe. The firm combines capital deployment with ecosystem and platform initiatives, including networking events and targeted support programs, following a sector-agnostic investment thesis and a four-step structured assessment process. Since 2016, B Heroes has invested across 164 portfolio companies, deployed €23.3 million, achieved 18 exits, and supported more than 350 founders.
Is B Heroes a public or private company?
B Heroes is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was B Heroes founded?
B Heroes was founded in 2016. It employs 1 to 10 people.
Where is B Heroes based?
B Heroes is headquartered in Milan, Italy, in the Europe region.
How does B Heroes make money?
One revenue line is on record: investment Returns / Carried Interest.
Who are B Heroes's main competitors?
Direct peers on record are P101, United Ventures, Italian Founders Fund, Emblem, Vento, LVenture Group, Innogest Capital and Primomiglio. Broad incumbents are 360 Capital Partners and Speedinvest.
Does B Heroes have an API?
No public API is recorded for B Heroes.
What industry is B Heroes in?
B Heroes's product category is Venture Capital / Early-Stage Investment. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B).