CompariSure sells financial products through its chatbot-driven marketplace, which uses proprietary chatbot technology. CompariSure will use the funding to expand its footprint in South Africa. It is also exploring other growth areas beyond financial services. CompariSure has already launched services for market research, salesforce management, call centre automation and market research.
Matt Kloos, co-founder and CFO of CompariSure, described the investment as ” a significant milestone for us and will enable us to continue reshaping South Africans’ online interactions.”In addition the experience and expertise HAVAIC brings, they are thrilled to be a shareholder and board members. 4DI Capital made a follow up investment, signaling a renewed belief in the work CompariSure is doing.
CompariSure received funding in May 2020 from UW Ventures and Allan Gray. 4Di Capital invested its first capital in August 2019. CompariSure is the digital broker and distributes financial services products through its chatbot-driven marketplace. It uses proprietary chatbot technology to leverage platforms like Facebook Messenger, Moya, WhatsApp, and Moya. CompariSure has processed over 120 million chat messages since 2017, resulting in more than 50,000 policies being sold through its platform.