Hiflow

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Hiflow - overview

Established

2012

Location

Paris, -, France

Primary Industry

Consumer Services

About

Hiflow is a vehicle delivery service based in Paris, France, connecting clients with a network of certified drivers for efficient and timely transportation solutions across the country. Founded in 2012 and headquartered in Paris, France, Hiflow specializes in vehicle delivery services. The company has completed four funding deals, with the latest being a Series A round on June 20, 2019, raising EUR 1. 70 mn from investors such as Hi Inov - Dentressangle and SNCF.


Founder Idris Hassim has a history in the transportation sector, leading Hiflow's growth and innovation in delivery logistics. Hiflow has not undergone any major pivots or changes in its business operations since its inception. Hiflow specializes in the delivery and transportation of vehicles, providing a versatile platform that connects clients with a network of certified drivers and transporters. Their core offerings include tailored vehicle delivery services, ensuring timely transport solutions across France, with an emphasis on efficiency and customer satisfaction.


Hiflow caters to over 300 large corporate accounts, including Drivalia, Stellantis, and EDF, as well as individual consumers requiring vehicle transportation. The company leverages advanced technology to manage logistics and customer preferences, ensuring compliance with privacy regulations and enhancing user experience. Hiflow's delivery solution meets specific client needs, allowing flexible scheduling and personalization of services, addressing the demands of both businesses and private individuals in the French market. Hiflow generates revenue through B2B transactions with corporate clients and partnerships, facilitating vehicle deliveries and related services.


The transaction structure incorporates various service agreements, often requiring rapid delivery timelines such as 48 hours across France. Clients benefit from complementary services, including vehicle handover, washing, and electric vehicle charging, which may be bundled within contractual agreements. The company's pricing structure reflects the complexity and customization of services offered, although specific pricing details are not publicly disclosed. With a significant volume of over 1,000 vehicles delivered daily, Hiflow maintains strong relationships with its clients, underscoring its pivotal role in the vehicle delivery sector.


Hiflow plans to expand its service offerings by developing new vehicle delivery solutions tailored to emerging market needs, with anticipated launches in 2023. The company aims to enter additional European markets, specifically targeting Spain and Germany by 2024 to enhance its operational footprint. The recent funding round of EUR 1. 70 mn will support these initiatives, including infrastructure development and technology enhancements to streamline operations further.


Current Investors

SNCF, Vivacto Développement, Hi Inov - Dentressangle

Primary Industry

Consumer Services

Sub Industries

Courier & Delivery Services

Website

www.hiflow.com

Company Stage

Series A

Total Amount Raised

Subscriber access only

Hiflow - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.