Nebuly raises $21m to expand AI return measurement business

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Published Thursday, November 12, 2026 · 1:06 AM EST

Turin-based Nebuly has raised $21m in a Series A round led by Planven to expand its business measuring financial returns from enterprise AI. Participants included Exor Ventures, Tenacity Capital, TGVG Capital, Fastweb+Vodafone and CDP Venture Capital's AI and Digital Transition funds. Its platform links AI agent activity to business results, including employee time saved and revenue influenced by customer-facing assistants. Finance teams can inspect and adjust the assumptions behind its calculations. Customers include Oura, Iveco Group, CNH and Zeiss, with contracts worth multiple six-figure sums. Nebuly plans to expand its sales teams in the US and Europe and continue developing the platform.

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The Next Web

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