About HYLA Mobile
HYLA Mobile is a company based in Farmers Branch (United States) founded in 2009 was acquired by Assurant in October 2020. HYLA Mobile has raised $148 million across 6 funding rounds from investors including Kleiner Perkins, Assurant and SJF Ventures. The company has 327 employees as of December 31, 2022. HYLA Mobile has completed 1 acquisition, including Flipswap. HYLA Mobile offers products and services including Extended Protection Programs, Lender-Placed Insurance, and Vehicle Protection Services. HYLA Mobile operates in a competitive market with competitors including Archive, Recurate, Treet, Rye and Sella, among others.
- Headquarter Farmers Branch, United States
- Employees 327 as on 31 Dec, 2022
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Sectors
RetailTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Hyla, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$148 M (USD)
in 6 rounds
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Latest Funding Round
$5.14 M (USD), Debt – Conventional
Aug 28, 2015
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Investors
Kleiner Perkins
& 7 more
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Employee Count
327
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Assurant
(Oct 28, 2020)
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Products & Services of HYLA Mobile
HYLA Mobile offers a comprehensive portfolio of products and services, including Extended Protection Programs, Lender-Placed Insurance, and Vehicle Protection Services.
Programs for protecting electronics and appliances from damage
Solutions for mortgage and financial institution risk coverage
Services to optimize vehicle performance and mitigate risks
Funding Insights of HYLA Mobile
HYLA Mobile has successfully raised a total of $148M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $5.14 million completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in HYLA Mobile
HYLA Mobile has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Kleiner Perkins, Assurant and SJF Ventures.
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Impact venture capital is invested in early-stage US companies.
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Venture capital investments are focused on IoT and technology sectors.
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VC firm investing in seed and early stage companies in the US
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Investor details for HYLA Mobile
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- Investor domains
- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by HYLA Mobile
HYLA Mobile has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Flipswap.
Investment portfolio details for HYLA Mobile
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
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National governing body for ice skating, promoting and developing the sport
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Complete acquisition details for HYLA Mobile
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - HYLA Mobile
Detailed financials for HYLA Mobile
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Hyla Mobile Comparisons
Peer comparison for HYLA Mobile
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of HYLA Mobile
HYLA Mobile 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 Archive, Recurate, Treet, Rye and Sella, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Archive is recognized as an influencer marketing and UGC management platform.
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Resale marketplace platform for eCommerce stores is provided.
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A peer-to-peer resale marketplace for branded secondhand items is facilitated.
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Recommerce software solutions are provided for e-commerce businesses.
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Recommerce software suites are supplied to merchants for multichannel sales.
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Detailed competitors of HYLA Mobile
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Hyla Mobile
Complete news archive for HYLA Mobile
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- Full article archive
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Frequently Asked Questions about HYLA Mobile
HYLA Mobile was founded in 2009 and raised its 1st funding round 1 year after it was founded.
HYLA Mobile is headquartered in Farmers Branch, United States. It is registered at Farmers Branch, Texas, United States.
Biju Nair is the current CEO of HYLA Mobile.
HYLA Mobile is a funded company, having raised a total of $148M across 6 funding rounds to date.
As of Dec 31, 2022, the latest employee count at HYLA Mobile is 327.
Founded in 2009 and based in Farmers Branch, United States, HYLA Mobile operates in the mobile device recommerce sector. Solutions for trade-in, collection, and processing of pre-used mobile phones are offered, including software that integrates with online stores or websites for in-store and online operations. Liquidation processes are facilitated, and an analytics platform is provided to track business KPIs.
HYLA Mobile offers Extended Protection Programs, Lender-Placed Insurance, and Vehicle Protection Services.
HYLA Mobile has made 1 acquisition, including Flipswap.
HYLA Mobile has 8 investors. Key investors include Kleiner Perkins, Assurant, SJF Ventures, OPENAIR Equity Partners, and RRE Ventures.