What is hlpy?
Founded in 2020 and headquartered in Milan, Italy, hlpy operates as a fully digital entity within the automotive services sector. The company's comprehensive offerings encompass car rentals, distribution logistics, and car insurance, aiming to provide a seamless and integrated experience for its customers. By leveraging digital solutions, hlpy seeks to streamline operations and enhance customer satisfaction in a competitive market.
How much funding has hlpy raised?
hlpy has raised a total of $28.9M across 3 funding rounds:
Angel/Seed
$1.2M
Unspecified
$7.7M
Series B
$20M
Angel/Seed (2021): $1.2M with participation from Michel Taride
Unspecified (2022): $7.7M led by The Techshop
Series B (2024): $20M supported by Nextalia Ventures and CDP Venture Capital SGR
Key Investors in hlpy
Nextalia Ventures
Nextalia Ventures is an investment firm focused on the real economy, supporting Italian SMEs with a particular emphasis on post-pandemic recovery. They are committed to sustainable growth and preserving local business ties, actively integrating ESG factors into their investment strategies.
CDP Venture Capital SGR
CDP Venture Capital SGR is a prominent venture capital fund manager in Italy, directing strategic investments towards sectors vital for national growth. With a substantial asset base, they focus on innovation and sustainability, particularly in insurtech, fintech, digital health, and cybersecurity.
The Techshop
The Techshop is an asset management company specializing in Venture Capital, with a focus on early-stage B2B digital startups. They provide patient capital and operational support, investing in enterprise software solutions and digital disruptors.
What's next for hlpy?
The recent major strategic investment signals a new phase of development for hlpy, likely focused on scaling its operations, expanding its service portfolio, and potentially entering new geographic markets. The substantial enterprise-level funding suggests confidence from investors in hlpy's business model and its capacity to innovate within the automotive and insurance industries. Future strategic moves may involve further technological advancements, partnerships, or acquisitions to solidify its market leadership.
See full hlpy company page
