Hellas Direct Overview
- Year Founded
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2011
- Status
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Private
- Employees
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286
- Latest Deal Type
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Later Stage VC
- Investors
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11
Hellas Direct General Information
Description
Operator of a full-stack insurance company intended to offer car, motorbike, and home insurance as well as mobility financing services. The company uses artificial intelligence, advanced analytics, and algorithms to compare offer prices for car, motorcycle, and home insurance, enabling clients to get their vehicles and homes insured at competitive prices while making the process simple and easy.
Contact Information
Website
www.hellasdirect.grCorporate Office
- 18 Spyrou Kyprianou
- 1st Floor
- Nicosia, Strovolos 1075
- Cyprus
Corporate Office
- 18 Spyrou Kyprianou
- 1st Floor
- Nicosia, Strovolos 1075
- Cyprus
Hellas Direct Timeline
Hellas Direct Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Later Stage VC | 01-Jul-2025 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 29-Dec-2023 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 29-Mar-2021 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | 18-Feb-2019 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 04-Jan-2018 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 02-Feb-2015 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 20-Jan-2014 | $4.64M | $13.1M | Completed | Generating Revenue | |
| 1. Early Stage VC | 07-Dec-2011 | $8.5M | $8.5M | Completed | Startup |
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Hellas Direct Comparisons
Industry
Financing
Details
Hellas Direct Competitors (20)
One of Hellas Direct’s 20 competitors is EasyInsure, a Corporate Backed or Acquired company based in Windsor, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| EasyInsure | Corporate Backed or Acquired | Windsor, Canada | ||||
| Clearcover | Venture Capital-Backed | Chicago, IL | ||||
| Founder Shield | Formerly Accelerator/Incubator backed | New York, NY | ||||
| AIG Greece | Corporate Backed or Acquired | Athens, Greece | ||||
| Zensurance | Formerly VC-backed | Toronto, Canada |
Hellas Direct Related Research & Analysis
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Majestic Referring Domains
Hellas Direct Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| T-Life Capital | Venture Capital | Minority | ||
| 5G Ventures (Athens) | Venture Capital | Minority | ||
| ETF Partners | Venture Capital | Minority | ||
| European Bank for Reconstruction and Development | Growth/Expansion | |||
| International Finance Corporation | PE/Buyout | Minority |
Hellas Direct Investments & Acquisitions (3)
Hellas Direct’s most recent deal was a Seed Round with Ask Wire for . The deal was made on 23-Feb-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Ask Wire | 23-Feb-2022 | Seed Round | Business/Productivity Software | ||
| Mapfre Asistencia ( Greece) | 26-Jul-2021 | Merger/Acquisition | Multi-line Insurance | ||
| Rescueline | 31-Jan-2019 | Merger/Acquisition | Other Services (B2C Non-Financial) |
Hellas Direct Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Rescueline | Nicosia, Cyprus | 1990 |
Hellas Direct FAQs
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When was Hellas Direct founded?
Hellas Direct was founded in 2011.
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Where is Hellas Direct headquartered?
Hellas Direct is headquartered in Nicosia, Cyprus.
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What is the size of Hellas Direct?
Hellas Direct has 286 total employees.
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What industry is Hellas Direct in?
Hellas Direct’s primary industry is Multi-line Insurance.
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Is Hellas Direct a private or public company?
Hellas Direct is a Private company.
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What is Hellas Direct’s current revenue?
The current revenue for Hellas Direct is .
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How much funding has Hellas Direct raised over time?
Hellas Direct has raised $98.5M.
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Who are Hellas Direct’s investors?
T-Life Capital, 5G Ventures (Athens), ETF Partners, European Bank for Reconstruction and Development, and International Finance Corporation are 5 of 11 investors who have invested in Hellas Direct.
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Who are Hellas Direct’s competitors?
EasyInsure, Clearcover, Founder Shield, AIG Greece, and Zensurance are some of the 20 competitors of Hellas Direct.
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