hlpy Expands Vehicle Services with BNP Paribas BNL Investment and Carvoilà Acquisition

In a significant move to reshape vehicle and mobility assistance across Europe, hlpy, the innovative Italian scale-up, has announced a new funding round of €20 million and the acquisition of Carvoilà, a prominent player in vehicle transportation and logistics services. This acquisition marks a pivotal moment for hlpy, indicating its bold expansion strategy aimed at offering a comprehensive range of services within the automotive sector.

Based in Milan, hlpy operates as a fully digital and AI-driven platform, designed to enhance mobility solutions for users across Europe. The company's latest moves highlight its mission to transform how vehicles are assisted throughout their lifecycle, providing end-to-end support from pre-sales to post-sales services. The partnership with BNP Paribas BNL Equity Investments (BBEI), known for its focus on investing in dynamic Italian SMEs, adds a layer of credibility and financial backing to hlpy's ambitious plans.

Through this strategic investment, hlpy aims to gradually broaden its service offerings across the entire automotive value chain. With the inclusion of Carvoilà into its operational framework, hlpy is positioning itself as a holistic orchestrator of vehicle services capable of leveraging technology, data, and logistical networks to deliver exceptional solutions to customers.

Valerio Chiaronzi, CEO of hlpy, expressed his enthusiasm regarding these developments, stating that the platform is evolving into a comprehensive vehicle service ecosystem. He envisions a future where hlpy not only assists vehicles but also plays a crucial role in repair, maintenance, and logistics, utilizing cutting-edge technology and extensive data analytics. Chiaronzi believes that the new financial resources and the involvement of BBEI underscore a strong belief in hlpy's operational model, which is set to accelerate its growth trajectory exponentially.

BBEI's Lorenzo Langella, commented on the investment, reinforcing how it aligns with BBEI's objective of forging strategic partnerships with visionary companies in fast-paced sectors. This union reflects confidence in hlpy’s potential to scale its services and innovate within the marketplace.

The founders of Carvoilà, Francesca Vidali and Michela Conti, will join hlpy in a bid to further refine its business model and introduce operational synergies. Their prior experience in vehicle logistics is expected to complement hlpy’s growing framework, allowing for improved efficiency and customer experience.

Francesca Vidali expressed her excitement about joining the hlpy Group, emphasizing Carvoilà’s foundational vision of infusing innovation into vehicle logistics. She noted that this partnership opens new avenues to redefine transportation organization and improve overall efficiencies.

As hlpy integrates Carvoilà, it moves closer to its ambitious goal of achieving recurring revenues that exceed €100 million by 2027. Since its inception in 2020, the scale-up has successfully raised a total of €45 million and completed two acquisitions, underscoring its rapid growth and adaptability in the competitive mobility market.

This new chapter for hlpy not only signifies an expansion of its capabilities within the automotive service sector but also enhances its promise to deliver cutting-edge digital solutions tailored to customer needs, setting the stage for a transformative impact across Europe’s mobility landscape.