Zelros Acquisition: Earnix Buys Hi Inov's Stake
Deal News | Apr 29, 2025 | Hi Inov SAS
Hi Inov, a European venture capital fund specializing in B2B tech start-ups, has announced the sale of its stake in Zelros to Earnix. Zelros, a software-as-a-service platform founded in 2016, provides advanced AI capabilities to the insurance industry, aiding in personalized customer interactions. Under Hi Inov’s guidance, Zelros expanded its international presence and workforce, enhancing its market recognition. Earnix, a global AI solutions leader for the insurance and banking sectors, acquired Zelros to further bolster its capabilities in pricing, product personalization, and decision optimization. This transaction marks a pivotal moment in the insurance industry's digital transformation journey, highlighting the increasing role of AI technologies in enhancing business processes.
Sectors
- Venture Capital
- Insurance Technology (InsurTech)
- Artificial Intelligence
Geography
- France – Hi Inov, the selling company, is based in France.
- Canada – Zelros has expanded its operations to Canada, indicating its international growth.
- Germany – The momentum of Hi Inov's portfolio in Germany is mentioned in the context of this deal.
Industry
- Venture Capital – The article involves Hi Inov, a venture capital firm, highlighting its investment exit.
- Insurance Technology (InsurTech) – Zelros specializes in AI applications for insurance, demonstrating the growing tech influence in this sector.
- Artificial Intelligence – Both Zelros and Earnix focus on AI-driven solutions, emphasizing AI's relevance in transforming insurance and banking.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hi Inov SAS | Seller | Company | A European venture capital fund specializing in B2B tech start-ups. |
| Zelros | Target Company | Company | A SaaS platform utilizing AI for personalized recommendations in the insurance industry. |
| Earnix | Buyer | Company | A global provider of advanced AI and analytics solutions for insurance and banking. |
| 42Cap | Investor | Company | Participated in Zelros' first round of funding. |
| Astorya | Investor | Company | Participated in Zelros' first round of funding. |
| BGV | Investor | Company | Participated in Zelros' Series A round. |
| ISAI | Investor | Company | Participated in Zelros' Series A round. |