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