hlpy secures €1M in seed funding.

France Italy 04 February 2021

hlpy, a Milan, Italy-based provider of roadside assistance services, announced that it raised a €1M ($1.2M) seed funding round.

The money was raised from investors including angels Michel Taride, and insurance companies from Italy Bene Assicurazioni and Vittoria Assicurazioni.

The proceeds will be used to expand operations in Italy and internationally.

hlpy, founded in 2020 by Valerio Chiaronzi (CEO) and Graziano Cavallo, built a business by providing roadside assistance services via a network of 580+ centers, 1,900+ drivers/mechanics, 2,800+ tow trucks in Italy.

Total investments received (USD): 1.21M