Tech in Africa
CompariSure distributes financial services products via its chatbot-driven marketplace that runs on underlying proprietary chatbot technology. The funding will go towards driving the expansion of CompariSure’s footprint across the South African market as it explores other growth sectors beyond financial services while already having launched services to help in salesforce management, call center automation, and market research.
CompariSure co-founder/CFO, Matt Kloos described the investment as “an important milestone for us and will allow us to continue reshaping the way South Africans interact online.” In addition to the expertise and experience HAVAÍC’s team brings to the table, they are excited to see them join as a shareholder and board member. 4DI Capital made a follow-on investment signaling a strong, reaffirmed belief in what CompariSure is building.
CompariSure previously received funding from UW Ventures and Allan Gray in May 2020. 4Di Capital made its initial investment in August 2019. CompariSure distributes financial service products through its chatbot-driven marketplace running on proprietary chatbot technology that leverages platforms such as Facebook Messenger, Moya, and WhatsApp – CompariSure acts as the digital broker. Since 2017, over 120 million messages have been processed via its platform resulting in sales of over 50,000 policies through chat.
