Salvatore Palella

Salvatore Palella is an Italian-American entrepreneur, operator, and investor recognized for building scalable, impact-driven businesses across mobility, e-commerce, and digital services. He is the Founder and CEO of Palella Holdings LLC, a private investment firm established in 2024 to consolidate and grow his portfolio across the U.S. and Europe through strategic acquisitions and active leadership. Palella first made his mark as the founder of Helbiz Inc. (now Micromobility.com Inc.), a global leader in electric micro-mobility. Founded in 2015, the company expanded its footprint to over 150 cities across the United States and Europe, offering electric micro-mobility vehicles that transformed short-distance urban transportation. In 2021, Helbiz became the first company in the sector to go public, debuting on the Nasdaq with a $400 million valuation—a major milestone in the evolution of smart mobility. In 2024, Palella launched Palella Holdings LLC to expand his role as an investor and operator, targeting companies with strong fundamentals and significant growth potential. That same year, the firm acquired Everli, the leading grocery delivery platform in Italy, with over $100 million in annual revenue. Everli combines technology and logistics to streamline how millions of customers access everyday essentials. In 2025, Palella Holdings acquired Wash Out Srl, a Milan-based company offering app-based, on-demand vehicle care and fleet services in major European cities. Later in 2025, Palella regained majority ownership of Micromobility.com Inc., returning as its largest shareholder with over 50% of the company. His renewed leadership signals a commitment to operational excellence, profitability, and long-term value creation. Based in Connecticut with his family, Salvatore Palella continues to lead ventures that define the future of how people move, shop, and live—focused on execution, scale, and global relevance.