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Helio Raises €4.9M Seed Funding For Sustainable Cloud Computing

Oct 05, 2023about 2 years ago

Amount Raised

€4.9 Million

Round Type

seed

Oklahoma CityInsurance

Investors

Swiss Technology FundZkbSwisspreneurRoi VenturesRockstart Energy FundCombination VcSeed+Speed VenturesUebermorgen VenturesQbit Capital

Description

Zurich-based cloud computing startup Helio has raised a Seed funding round of €4.9 million. The round made up of both equity and debt funding, is led by QBIT Capital and includes Uebermorgen Ventures, seed+speed Ventures, Combination VC, Rockstart Energy Fund, ROI Ventures, Swisspreneur, and angel investment. The debt financing is provided by ZKB and secured by the Swiss Technology Fund

Company Information

Company

Helio

Location

Oklahoma City, Oklahoma, United States

About

Helio lights the way to financial freedom for your business by partnering with you to mitigate and finance risk in the commercial insurance markets, or to turn your insurance expenses into economic assets through the power of captive insurance. With Helio you can create opportunities for your business’s financial growth through investment.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers