Mygrants Srl
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Mygrants Srl - overview
Established
2017
Location
Catania, Sicily, Italy
Primary Industry
Software
About
Mygrants Srl specializes in innovative grant management solutions, providing a comprehensive platform that streamlines the grant application process for organizations and individuals seeking funding opportunities. Founded in 2017 in Catania, Italy, Mygrants Srl offers a platform that facilitates the entire lifecycle of grant applications. The company has successfully completed 4 deals, with the latest funding round occurring on December 17, 2020, raising EUR 0. 3 million from investors including OPES-LCEF, Trust Future Food Institute, and You Can Group.
Christian Nzi, the founder, has played a critical role in the company's strategic direction. Mygrants Srl provides a suite of solutions designed to streamline grant management processes for various organizations. Its core offering is a comprehensive grant management platform that simplifies every aspect of grant applications from submission to reporting. Key features include automated workflows, customizable templates, and real-time tracking capabilities.
The platform has a diverse user base including non-profit organizations, educational institutions, and governmental bodies, and is expanding its market presence in North America and Europe. In 2022, Mygrants Srl reported a revenue of EUR 268,443. 70 with an EBITDA of EUR -211,446. 90.
The company generates revenue primarily through a subscription-based model, providing clients access to its services on a recurring basis. The pricing structure accommodates various organizational sizes and needs, ensuring a tailored service experience. Mygrants Srl aims to leverage its recent funding of EUR 0. 3 million to enhance its product offerings and expand into new geographical markets.
The company is in the process of designing additional features for its grant management platform, targeting a release in 2023. Furthermore, specific plans include expanding its reach within North America and increasing its footprint in European markets to capture a broader client base. This growth strategy will be supported by the insights gained from the recent funding round.
Current Investors
Trust Future Food Institute, OPES-LCEF, You Can Group
Primary Industry
Software
Sub Industries
Education & Training Software
Website
www.mygrants.it
Verticals
EdTech, Mobile Apps
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
Mygrants Srl - timeline of key events

Mygrants Srl - financials
| Fiscal Year Ended | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 |
|---|---|---|---|---|---|---|
| Revenue (USD) | 33,545 | 84,703 | 84,758 | - | - | - |
| % Revenue Growth (YoY) | - | 152.5% | 0.1% | - | - | - |
| EBITDA (USD) | (10,363) | 20,718 | (22,557) | - | - | - |
| Operating Income (USD) | (10,695) | 14,349 | (38,964) | - | - | - |
| Operating Margin | (31.9%) | 16.9% | (46.0%) | - | - | - |
| % EBITDA Margin | (30.9%) | 24.5% | (26.6%) | - | - | - |
| NET Income (USD) | (10,736) | 7,817 | (39,070) | - | - | - |
| % Net Margin | (32.0%) | 9.2% | (46.1%) | - | - | - |
Mygrants Srl - employee data


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