What Ivela does

Ivela, legally IVELAELCOM S.r.l. and commercially branded IvelaElcom, is an Italian manufacturer of architectural lighting fixtures founded in 1986 and headquartered in Liscate, in the Milano metropolitan area. The company designs and supplies custom and specification-grade LED lighting products and bundles professional installation services into project delivery for enterprise clients across hospitality, retail, commercial/corporate, and cultural/art sectors. Its offering is built around a 'technology-meets-design' positioning that emphasizes architectural integration and spatial experience, with smart/intelligent LED capability embedded in product messaging.

The business operates a B2B enterprise sales model through direct engagement with architects, interior designers, and project developers, with revenue generated from one-time product sales and professional installation services under project-based contracts. Operating offices are located in Liscate (Milano) and Castel Mella (Brescia) in Italy, with a third site in Durazzo, Albania, supporting cross-border project delivery. The company maintains a four-language commercial website (English, Spanish, French, Italian) and an installed reference base that includes premium hospitality brands (The Hoxton, Hotel Aethos, QC Terme), luxury retail (KIKO Cosmetics, Sease Flagship Store), cultural institutions (GAM), and international rollouts (Nando's at The Dubai Mall).

Ivela is a privately held Italian S.r.l. with €3,100,000 of stated share capital and 101-250 employees. Its sole disclosed external investor is Star Capital SGR, which provided capital in December 2021. The firm does not disclose revenue, holds no listed patents, awards, or formal partnerships in the source material, and operates without a parent company or publicly traded equity, leaving limited financial visibility for external investors.

Name

Ivela

Legal name

IVELAELCOM S.r.l.

Website

https://ivela.it

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

101–250 employees

Short description

IvelaElcom is an Italian architectural lighting manufacturer founded in 1986 that designs, supplies, and installs custom LED lighting fixtures for enterprise projects across hospitality, retail, commercial, and cultural sectors, with operations in Italy and Albania.

Ownership category

akta.pro rank

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Lighting Fixtures Supply: Supply of custom and standard lighting fixtures for architectural and interior design projects. Revenue generated through product sales as part of comprehensive lighting solutions.
2. Installation Services: Professional installation of lighting fixtures as part of project delivery, including supply and installation packages.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Ivela designs, manufactures, supplies and installs architectural lighting fixtures for B2B projects. Its product portfolio spans custom and specification-grade luminaires for hospitality, retail, commercial, cultural and residential spaces, delivered together with professional installation services under a technology-meets-design philosophy.

Product overview

IvelaElcom offers lighting solutions designed to enhance architecture, improve spatial experiences, and add value to projects. The company operates in the lighting fixture supply and installation sector, serving diverse sectors including hospitality, retail, commercial, and residential spaces. Projects referenced include hospitality venues (Hotels, restaurants, bars), retail stores (KIKO Cosmetics, Sease Flagship Store, MV Agusta store), commercial offices (Asseco Headquarter), cultural institutions (GAM Gallery of modern and contemporary art), and residential properties. The product portfolio appears to be centered around custom and specification-grade lighting fixtures for architectural projects.

Differentiator

Problem solved

Functional benefit

Products and services

• Architectural Lighting Fixtures Custom and standard specification-grade lighting fixtures (LED-based, including smart/intelligent lighting solutions) designed to enhance architecture and improve spatial experiences in hospitality, retail, commercial, cultural and residential projects. Sold directly to enterprise clients and project specifiers.
• Lighting Installation Services Professional installation of Ivela lighting fixtures delivered as part of supply-and-install project packages for hospitality, retail, commercial and cultural venues.
• Lighting Design Tools for Specifiers Downloadable lighting design tools and resources hosted in the website's Download section, provided to architects, lighting designers and specifiers to facilitate project specification of Ivela fixtures.

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• iGuzzini Illuminazione: Italian architectural lighting manufacturer owned by Signify, specializing in design-led fixtures for museums, hospitality, retail, and urban projects. Most direct comparable to Ivela on geography, customer verticals, and supply-and-install model.
• Targetti Sankey: Florence-based architectural lighting manufacturer serving hospitality, retail, museum, and commercial projects globally. Closely comparable in scale, Italian heritage, custom architectural solutions, and project-led B2B model.
• Artemide: Premium Italian lighting designer and manufacturer with strong architectural and contract presence. Comparable on design-driven positioning, Italian origin, and supply of integrated lighting solutions to hotels, retail, and public spaces.
• Flos: Italian design-led lighting company with architectural, hospitality, and high-end residential collections. Comparable on design heritage, custom specification-grade offerings, and premium project clients.
• Reggiani Illuminazione: Italian architectural LED lighting manufacturer focused on specification-grade interior and exterior fixtures. Direct peer for Ivela in product type, Italian mid-market scale, and architectural project channel.
• Linea Light Group: Italian-based lighting group producing architectural and decorative LED solutions for hospitality, retail, and residential projects. Comparable on integrated design-and-manufacture model and Italian mid-cap positioning.
• Modular Lighting Instruments: Belgian architectural lighting brand (part of the Deltalight/Northern Lights group) specializing in minimalist specification-grade fixtures for hotels, retail, and high-end residential. Comparable on product positioning, project-based channel, and mid-cap architectural focus.

Broad incumbents

• Zumtobel Group: Austrian-listed global lighting group whose Zumtobel and Thorn brands cover architectural, commercial, and industrial lighting. Comparable customer verticals and product overlap but at significantly larger scale and broader portfolio.
• ERCO: German architectural lighting specialist serving museums, retail, hospitality, and office projects worldwide. Comparable on specification-grade architectural focus and international project delivery, but with a deeper global distribution footprint.
• Delta Light: Belgian architectural lighting manufacturer offering recessed, track, and decorative fixtures for premium residential, hospitality, and commercial projects. Comparable on design-led architectural focus and project-based specification sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ivela