Italian roadside assistance startup hlpy bags €7.5M to assist its international development plan - Silicon Canals

In the property release, translated from Italian, Simone Cremonini and Giacomo Picchetto, managing spouse of Sinergia Venture Fund, mention, “The changes triggered successful the automotive assemblage by the macro-trends relating to electrification, connectivity and shared mobility necessitate the main players successful the assemblage to rethink their proviso concatenation and their products and services successful a integer and sustainable key. In hlpy we person recovered a integer level for the absorption of end-to-end roadside assistance, which reduces involution times, operating costs and increases the worth and prime perceived by extremity users.”

Capital utilisation

hipy says it volition usage the proceeds to springiness a important acceleration to the planetary improvement program and to summation the services offered by the integer platform, successful bid to beryllium a cardinal subordinate wrong the caller mobility 4.0 scenario.

Digital roadside assistance platform

Founded successful May 2020, hlpy aims to reshape the roadside assistance industry. Through its integer platform, the startup intends to make worth for security companies, car manufacturers, rental companies, and rescue operators and, astir importantly, to marque the work much reliable and safer for users.

hlpy claims to beryllium the lone subordinate to person an integrated front-end, customer, operational platform, and exigency web successful a autochthonal integer mode.

The institution was founded by Valerio Chiaronzi, Graziano Cavallo and Enrico Noseda, and was joined by Stefano Sarti arsenic a founding member, successful August 2022, to enactment the planetary marketplace improvement process.

Investors successful this round

Synergo Capital is an plus absorption institution specialised successful making backing Italian startups and SMEs which are founded and managed by entrepreneurs looking for some strategical and fiscal enactment to velocity up maturation and improvement connected the planetary market. In 2020 the steadfast created Sinergia Venture Fund, the archetypal Italian task superior money with subsidised taxation dedicated to innovative technological scale-ups successful the B2B field.

CDP Venture Capital is an SGR (70 per cent of CDP Equity and 30 per cent of Invitalia) with €2B of resources nether management. The steadfast aims to marque Venture Capital a cornerstone of the country’s economical improvement and innovation, creating the conditions for the wide and sustainable maturation of the Venture Capital ecosystem.

The Techshop specialises successful task superior funds. The steadfast was founded and is led by 2 innovators of the integer ecosystem, Gianluca D’Agostino, entrepreneur and a concern angel (Neomobile, Bango, London Business Angel, IAG) and Aurelio Mezzotero, a money manager with acquisition successful managing task investments successful Atlante Ventures, IAG and Innogest. The Techshop Primo money specialises successful B2B Seed, has raised astir €40M and has invested successful 4 “high-potential” integer companies.