TX-Group-Investment Helvengo ist in Liquidation
Published: Friday, Aug 2nd 2024, 07:50
Updated At: Saturday, Aug 3rd 2024, 01:59
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Around two and a half years ago, the Zurich-based TX Group acquired a stake in the insurtech start-up Helvengo. The Zurich start-up is now in liquidation. This is the result of an entry published on Friday in the Swiss Official Gazette of Commerce (SOGC).
The company was dissolved by resolution of the Annual General Meeting on July 10, according to the official announcement. The Zurich-based TX Group had participated as lead investor in a seed financing round of Helvengo at the beginning of 2022.
The financing round was endowed with a total of over 4.2 million Swiss francs. Other investors on board included Postfinance Ventures, Seed X, Hypoport, Anamcara Capital, Plug and Play, Conny&Co and various business angels. The TX Group did not disclose the amount of the investment in Helvengo at the time.
Helvengo offered insurance products for entrepreneurs, SMEs and start-ups.
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