- CEO
- Matteo Monfredini
- Full Time Employees
- 259
- Sector
- Technology
- Industry
- Software - Application
- Address
- Via Pola 9 Milan MI Italy 20124
- IPO Date
- Jun 24, 2020
- Business
- Growens S.p.A. (ticker: GROW.MI), formerly MailUp S.p.A., develops and provides cloud-based marketing technologies, including SaaS and CPaaS solutions for content creation, predictive marketing, and mobile messaging; its primary brands comprise Beefree, a drag-and-drop visual editor for emails, landing pages, and one-page sites integrated into over 600 SaaS applications worldwide, and Agile Telecom, an SMS wholesale reseller operating globally. The company, founded in 2002 and headquartered in Milan, Italy, at Via Porro Lambertenghi 7, serves over 11,200 customers across more than 115 countries, including SMEs and large enterprises in Europe, the Americas, and Asia, with a focus on enabling effective customer communication through scalable, innovative tools emphasizing data protection and relevance. In recent developments, Growens reported SaaS annual recurring revenues up 14% as of September 2025 while CPaaS sales declined 1%, approved consolidated financials for the first half of 2025 showing mixed organic and M&A-driven growth, released its 2024 Sustainability Report highlighting ESG progress in innovation and inclusion, distributed an extraordinary scrip dividend of €0.38 per share in April 2025 totaling €4.8 million, and noted significant shareholder Matteo Bettoni's stake exceeding 10% in June 2025; earlier, in 2023, it sold its Email Service Provider units (MailUp, Contactlab, Acumbamail) to TeamSystem S.p.A. for €70 million to accelerate Beefree's development. The group trades on Euronext Growth Milan and maintains an integrated structure prioritizing profitability, global expansion, and R&D investment in its core business lines.