Hlpy Secures €20 Million in Funding and Acquires Carvoilà
The European digital vehicle assistance platform hlpy has completed a new funding round, raising €20 million. BNP Paribas BNL Equity Investments joins the company's shareholder structure. The company also announced the acquisition of Carvoilà.
Hlpy, an Italian scale-up focused on digital vehicle and mobility assistance across Europe, has successfully closed a new funding round, securing €20 million. BNP Paribas BNL Equity Investments has joined the company's shareholder structure as part of this round.
In conjunction with the funding, hlpy announced its acquisition of Carvoilà. The financial terms of the Carvoilà acquisition were not disclosed. This move is expected to expand hlpy's service offerings and market reach.
Hlpy operates a full-digital platform aiming to streamline vehicle and mobility assistance services. The company has previously secured investment to support its expansion across European markets.
The newly raised capital and the strategic acquisition are intended to accelerate hlpy's growth trajectory and further develop its digital assistance platform for European consumers and businesses.