Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
22 January 2021
Deals | France | M&A | Private Equity
Gide has advised investment funds Heartcore and NewAlpha on the EUR 17 million "Series A" funding round by Lovys, a France-based online seller of insurance products. The funds were raised from investors Heartcore, NewAlpha, Raise Ventures and long-standing Lovys investors Maif Avenir, Portugal Ventures and Bpifrance.
This round ends a year of growth for Lovys, which boasts an additional 20,000 policyholders in 2020, a speed of growth record in the insurtech sector. The funds will enable the company to roll out its offer in two new European countries thanks to a larger team.
Gide's team advising Heartcore and NewAlpha comprised counsel Louis Oudot de Dainville, working with associates Diane Jouffroy and Marc Fournier on corporate aspects.
