Orrick assists Buddyfit on 10 million round: team led by Attilio Mazzilli
Buddyfit, startup active in the wellness sector, has recently closed a new funding round that made the company earn a 10 million euros capital increase. Buddyfit was assisted in the operation by the global law firm Orrick, Herrington & Sutcliffe LLP with a team that included Attilio Mazzilli (Partner lawyer Responsible for the Italian Tech Group and Member of the International Technology Companies Group at Orrick), Alessandro Vittoria, of counsel lawyers Livia Maria Pedroni and Flavio Notari (Head of Tax at the Italian Technology Companies Department) and Associate Ginevra Rebecchini.
The round was led by Azimut Digitech Fund which acted as lead investor and law firm Gianni & Origoni. Gellify, as well as Cairo Communications and RCS Media Group were the advisors who were also joined by important Italian entrepreneurs and family offices. Gianni & Origoni team was made up of Partner Federico Dettori and Senior Associates Rodrigo Boccioletti, Giovanni Valentini and Matteo Canonico who took care of practice area Gop4Venture. Buddyfit relied on Alvarium as corporate finance advisor, which provided a team led by Associate Partner Federico Lonoce.
This operation will allow Buddyfit to support its international growth process, develop new services and expand the team. The company founded in 2020 by Giovanni Ciferri, Stefano Manzoni and Stefano Cortese reached the Spanish market in September 2021. In less than two years the founders managed to expand the company significantly and it has been announced that by the end of 2023 the team will be joined by 50 more units.
Orrick’s Partner and investor Attilio Mazzilli assisted Buddyfit since the beginning. It soon attracted a huge number of digital entrepreneurs and in 2021 it closed a 5 million euros round, which has then been followed by the recent 10 million round.