BNP Paribas BNL Equity Investments Joins Shareholder Structure of Hlpy
hlpy, an Italian scale-up revolutionizing automotive assistance and mobility through its fully digital AI-based platform in Europe, has closed a new €20 million funding round. The company also announced the acquisition of Carvoilà, a vehicle transport and logistics services firm. BNP Paribas BNL Equity Investments (BBEI) is joining hlpy’s shareholder structure as part of this operation. This move marks another step in hlpy's external growth strategy aimed at expanding its service offerings across the entire automotive value chain while reinforcing its role as a pan-European organizer for vehicle-related services. The new funding and acquisition will enable hlpy to evolve from an assistance platform into an integrated ecosystem combining technology, data, operational networks, and specialized skills. The founders of Carvoilà are joining hlpy’s team to further develop the business model and leverage synergies. With this latest round, hlpy has raised a total of €45 million since its 2020 founding and aims to exceed €100 million in recurring revenue by 2027.
Topics: Acquisition Automotive Technology Funding Mobility Services