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Hellas Direct: Raises €32 million

Hellas Direct: Raises €32 million

  • Hellas Direct is a digital-first, full-stack insurance company, empowered by cutting-edge technology and the use of advanced analytics
  • Announced that it has raised a further EUR 32m in funding in its latest financing round
  • The company also welcomed on board a leading investor, the European Bank for Reconstruction and Development (EBRD)
  • The EBRD is providing a mandatory convertible debt facility of EUR 10m to support its growth
  • The EBRD is added to an all-star roster of investors backing including Portag3, the IFC
  • Digital-first, full-stack insurance company, empowered by cutting-edge technology and the use of advanced analytics
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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