RELEASE: hlpy completes a round of financing of 7.5 million euros to focus on international development

(Information sent by the signatory company).

RELEASE: hlpy completes a round of financing of 7.5 million euros to focus on international development

(Information sent by the signatory company)

Synergo Capital, as lead investor, has invested in the Italian startup dedicated to vehicle assistance 4.0, together with CDP Venture Capital and The Techshop as co-investors

MILAN, Nov. 22, 2022 /PRNewswire/ -- hlpy, the Italian startup that is reshaping the world of roadside assistance - thanks to services provided in a fully digital mode such as: roadside assistance, vehicle repair, continuation of driver mobility - has completed a fundraising round of almost 7.5 million euros that has materialized with a series A oversubscription of 5.1 million euros led by Synergo Capital, which has been joined by CDP Venture Capital and The Techshop as co-investors, convertible instruments and debt.

This financial and asset reinforcement agreement will allow hlpy to significantly accelerate the international development plan and increase the services offered by the digital platform, in order to become an increasingly key player in the new scenario of mobility 4.0. hlpy is the only player that has integrated the front-end, the client, the operating platform and the emergency network in native digital mode. Founded in May 2020 by Valerio Chiaronzi, Graziano Cavallo and Enrico Noseda, Stefano Sarti joined as a founding member, in August 2022, to support the international market development process. Backed by the founders' extensive experience and in-depth knowledge in the insurance and automotive sectors, hlpy was born from the idea of ​​reinventing vehicle assistance.

hlpy was founded in Milan in May 2020 with the aim of reshaping the roadside assistance sector. Through its innovative digital platform, hlpy aims to create value for insurance companies, car manufacturers, rental companies, salvage operators and, above all, make the service more reliable and secure for users.

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