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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
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 reached a $970.8M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $970.8M | - |
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.
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Ethias serves 1.2M customers.
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 generates an estimated $323.6M in annual revenue.
Ethias was founded by Philippe Lallemand.
The CEO of Ethias is Philippe Lallemand.
Ethias raised $0.
Ethias has 1.4K employees.
Ethias is headquartered in Liège, Belgium.
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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Valuation
$970.8M
2024 Revenue
$323.6M(Est.)
Customers
1.2M
Funding
$0
Avg ACV
$261
Team
1.4K
Founded
2009
| Year | Milestone | Source |
|---|---|---|
| 2024 | Ethias Hit $323.6m revenue in October 2024 | Estimated |
| 2022 | Ethias Hit $208m revenue in December 2022 | |
| 2019 | Ethias Hit $73.8m revenue in December 2019 | |
| 2018 | Ethias Hit $69m revenue in December 2018 | |
| 2009 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 1.4K employees (October 2024) | |
| 2023 | Reached 1.4K employees (December 2023) | |
| 2021 | Reached 1.2K employees (April 2021) |
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