Cosmico Secures €12 Million and Acquires Flatmates to Expand Future of Work Platform
In a significant move within the Future of Work sector, Milan-based scale-up Cosmico has successfully closed a €12 million funding round. This round, which includes both equity and debt, was led by P101 SGR with participation from long-time investors such as Prana Venture.
Acquisition of Flatmates: A Strategic Expansion
Alongside this funding achievement, Cosmico has also completed the acquisition of 100% of Flatmates, a designer agency co-founded by Michele Pagani and Marcello Ascani. Flatmates has been instrumental in applying the Talent-as-a-Service model to the designer economy across Italy, Spain, and the United States.
Francesco Marino, CEO and co-founder of Cosmico, expressed his enthusiasm about the company’s growth trajectory: “Cosmico is no longer a scale-up with a single product: we have become a Future of Work holding company, with today five verticals and an ambition for growth that also involves strategic transactions like this. The 20 million euros already contracted in the first four months tell the story of a machine that runs at full speed: 40 million euros from organic are, in turn, the basis on which we will build the 100 million euros by 2028.”
Cosmico’s Expanding Ecosystem
Founded in 2020 by Francesco Marino, Simone Tornabene, and Matteo Roversi, Cosmico has rapidly grown within the Future of Work space. The Group’s ecosystem is organized around four complementary verticals: Cosmico (Talent-as-a-Service for digital professionals), Flatmates (Talent-as-a-Service for the creator economy), Creative Harbor (Community-as-a-Service for employee engagement), and Play New (Talent Process Design to build teams of SuperAgents – professionals augmented by AI). This architecture is set to support future acquisitions and further growth.
Future Growth and Strategic Acquisitions
Cosmico plans to leverage this new capital to support its next phase of growth, with three additional acquisitions expected by the end of 2026. These acquisitions aim to expand the group’s presence in the Future of Work sector and strengthen existing business units, particularly in Italy and Spain. The company’s M&A strategy will focus on acquiring competitors in these regions.
Flatmates’ Role and Future Vision
Flatmates, founded in 2021, boasts over 60 clients, including prominent names like Ducati, NordVPN, Google, Xiaomi, Trade Republic, and Generali. Operating in four business segments—Factory, Agency, Studio, and Originals—Flatmates aims to enhance its capabilities and market presence through this acquisition. Michele Pagani, CEO of Flatmates, stated, “Joining the Cosmico Group 100% means multiplying the tools and opportunities for the creators we represent and the brands we work with. We share with Cosmico the same mission: putting talent at the center.”
Financial Performance and Future Objectives
Cosmico reported a turnover of €24 million at the close of 2025, marking a 109% increase year-on-year, and has already achieved €20 million in sales in the first four months of 2026, with €1.5 million from Spain. The company’s objective for the end of the year is to reach €40 million in organic turnover, supplemented by ongoing mergers and acquisitions. Cosmico’s ambitious plan aims to achieve €100 million by 2028.
With a community of over 35,000 digital professionals in Italy and Spain and more than 300 clients, Cosmico is poised for continued growth. Its notable clients include NTT Data, Accenture, Deloitte Digital, Huawei, Scalapay, Publicis Sapient, Capgemini, Inter, Sisal, EssilorLuxottica, Dolce & Gabbana, Levi’s, Facile.it, and A2A. The company employs around 110 people across its Milan and Madrid offices.
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