# Hellas Direct

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hellas-direct

- Industry: Insurance
- Headquarters: Greece
- Website: www.hellasdirect.gr
- Total disclosed funding: $46M
- Latest round: Series D (Feb 29, 2024)
- Investors on record: 5

## About

Founded in 2011 and based in Marousi, Greece, HD Insurance Ltd, doing business as Hellas Direct, provides insurance services to customers. In February 2024, new investor ETF Partners led EUR 30 million in venture funding for Hellas Direct.

The company's products include car insurance, property insurance, as well as car financing, which are sold through the Internet and over the phone. These insurance policies covers third-party liability/property damage or bodily injury, damages from uninsured vehicles, accident care, road assistance, glass repair, legal protection, and personal accident, as well as from risks of fire, terrorist attacks, natural phenomena, full/partial theft, car replacement, and own and malicious damages, like strikes, riots, and civil commotion.

The company will use the February 2024 funding to support its growth and expansion in the central and southern European markets.

## Funding rounds

- Series D, Feb 29, 2024, $32M — ETF Partners
- Series B, Jan 18, 2018, $8.6M — International Finance Corporation, Third Point, Endeavor Catalyst, Portage Ventures
- Series A, Jan 29, 2015, $5M — Third Point, Endeavor Catalyst

## Investors

- Third Point (https://capitalatlas.ai/funds/third-point) — Series A, Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A, Series B
- International Finance Corporation — Series B
- Portage Ventures (https://capitalatlas.ai/funds/portage-ventures) — Series B
- ETF Partners (https://capitalatlas.ai/funds/etf-partners) — Series D