About Ethniki
Ethniki is a company based in Athens (Greece) founded in 1891 was acquired by Piraeus Bank in March 2025.. Ethniki operates in a competitive market with competitors including RAC, Blue KC, Beazley, Prudential and Groupama, among others.
- Headquarter Athens, Greece
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Sectors
Financial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Piraeus Bank
& 1 more
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Employee Count
Employee Count
- Acquired by
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Funding Insights of Ethniki
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ethniki
Ethniki has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Piraeus Bank and CVC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Retail, corporate, and investment banking services are offered in Greece.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ethniki
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ethniki
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ethniki Comparisons
Competitors of Ethniki
Ethniki operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RAC, Blue KC, Beazley, Prudential and Groupama, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vehicle parts and accessories are sold via an online platform.
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| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Groupama is engaged in providing insurance and financial services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ethniki
Frequently Asked Questions about Ethniki
When was Ethniki founded?
Ethniki was founded in 1891.
Where is Ethniki located?
Ethniki is headquartered in Athens, Greece.
What does Ethniki do?
Ethniki was founded in 1891 in Athens, Greece, and operates within the insurance sector. A range of services, including life, health, property, and casualty coverage, is offered to clients across the country. Operations are centered in Athens, with nationwide distribution through agents and digital platforms. The company maintains a focus on risk management and financial protection for individuals and businesses in the Greek market.
Who are the top competitors of Ethniki?
Ethniki's top competitors include RAC, Europ Assistance and Beazley.
Who are Ethniki's investors?
Ethniki has 2 investors. Key investors include Piraeus Bank, and CVC.
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