hlpy is a startup founded in May 2020, with a focus on revolutionizing motor assistance through innovative technology. The company provides third-party administrator (TPA) services for roadside assistance and repair networks to motor companies. Leveraging AI and Machine Learning, its digital platform efficiently assigns assistance and repair activities, offering a unique customer experience. Operating in Italy, France, and Spain, hlpy serves business partners in the automotive industry, including insurance, leasing, OEM, and aftermarket sectors.
With its €18.00M Series B investment secured on 24 September 2024, hlpy has garnered support from prominent investors including Simest, Nextalia SGR, Sinergia Venture Fund, Alkemia Capital SGR, The Techshop SGR, CDP Venture Capital, and ServiceTech.
This investment, alongside the company's innovative approach and market presence, positions hlpy as a promising player in the automotive assistance and repair technology space. The funding is expected to propel the company's expansion and solidify its position as a key player in the industry, offering potential for significant growth and market disruption.