Falconetto was born in Verona into an established family of Veronese painters and studied in Rome for a time, in the studio of Melozzo da Forlì. On his return to Verona his standing in his "rione" made him of use to Emperor Maximilian, who was headquartered in Verona from 1509 to 1517, during the episode of the Italian Wars called the War of the League of Cambrai, and not simply for painting imperial arms to replace those of Venice that had been effaced on Maximilian's orders. With the return of a Venetian governor, Falconetto and his family were proscribed and seem to have withdrawn to Trent.