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Valuation

$970.8M

2024 Revenue

$323.6M(Est.)

Customers

1.2M

Funding

$0

Avg ACV

$261

Team

1.4K

Founded

2009

Ethias Revenue & Valuation (2024)

Ethias is an insurance company based in Luik, Belgium. They offer a range of insurance products and services to individuals and businesses. Ethias is known for its commitment to customer satisfaction and its strong financial performance. They have a diverse portfolio of investments and a large customer base. Ethias was founded in XXXX (unknown).

Last updated

Ethias Revenue

In 2024, Ethias's revenue reached $323.6M. The company previously reported $208M in 2022. Since its launch in 2009, Ethias has shown consistent revenue growth.

Ethias Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$75M$150M$225M$300M$375M200920112013201520172019202120232024$0$73.8M$208M$323.6MSource: GetLatka.com
YearMilestoneSource
2024Ethias Hit $323.6m revenue in October 2024Estimated
2022Ethias Hit $208m revenue in December 2022
2019Ethias Hit $73.8m revenue in December 2019
2018Ethias Hit $69m revenue in December 2018
2009Launched with $0 revenue

Ethias Valuation, Funding Rounds

Ethias's most recent disclosed valuation is $970.8M.

Ethias Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12009Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Philippe Lallemand

CEO

I have exercised many managerial functions in connection with the public sector. Each has been characterized by the need to manage crises and transform what already exists. The successes generated testify to my ability to drive this change, to build a team capable of managing it, to pilot it with order and method and in consultation with the various stakeholders.

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Customers

Ethias serves 1.2M customers.

Ethias Employees & Team Size

Ethias employs approximately 1.4K people as of 2026, including 21 sales reps that carry a quota. It serves 1.2M customers that rely on its solutions.

Ethias Team GrowthReported headcount over time03006009001,2001,500200920112013201520172019202120232024001,1801,1801,3541,354Source: GetLatka.com
YearMilestoneSource
2024Reached 1.4K employees (October 2024)
2023Reached 1.4K employees (December 2023)
2021Reached 1.2K employees (April 2021)

Frequently Asked Questions about Ethias

What is Ethias's revenue?

Ethias generates an estimated $323.6M in annual revenue.

Who founded Ethias?

Ethias was founded by Philippe Lallemand.

Who is the CEO of Ethias?

The CEO of Ethias is Philippe Lallemand.

How much funding does Ethias have?

Ethias raised $0.

How many employees does Ethias have?

Ethias has 1.4K employees.

Where is Ethias headquarters?

Ethias is headquartered in Liège, Belgium.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Ethias Revenue 2024: $323.6M Est. ARR, $970.8M Valuation