ClaimCompass

Sofia, Bulgaria Founded: 2015 • Age: 11 yrs Acquired By Airhelp
Online dispute resolution
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About ClaimCompass

ClaimCompass is a company based in Sofia (Bulgaria) founded in 2015 was acquired by Airhelp in November 2024.. ClaimCompass has raised $1.3 million across 2 funding rounds from investors including Airhelp, THCAP and Good News Ventures. ClaimCompass has completed 1 acquisition, including Service. ClaimCompass offers products and services including Compensation Check and AirHelp+. ClaimCompass operates in a competitive market with competitors including Airhelp, RightNow, Geld Fur Flug, Reclamador and Flightright, among others.

  • Headquarter Sofia, Bulgaria
  • Sectors
    Professional & Legal Services
    Travel & Hospitality
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Professional & Legal Services → Legal Technology Services
Travel & Hospitality → Hospitality & Travel Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.3 M (USD), Seed

    Aug 22, 2019

  • Investors
    Airhelp

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Airhelp

    (Nov 28, 2024)

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Products & Services of ClaimCompass

ClaimCompass offers a comprehensive portfolio of products and services, including Compensation Check and AirHelp+. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Online tool to verify and file claims for flight disruptions and delays.

Additional protection for flights, baggage, and passenger rights.

Funding Insights of ClaimCompass

ClaimCompass has successfully raised a total of $1.3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.3 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $1.3M
  • First Round
  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2019 Amount Seed - ClaimCompass Valuation THCAP , Good News Ventures
Nov, 2016 Amount Seed - ClaimCompass Valuation 500 Global
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ClaimCompass

ClaimCompass has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Airhelp, THCAP and Good News Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Early-stage investments are made by THCAP in US and Europe.
Founded Year Domain Location
Early-stage investments are made in Canadian tech and offline startups.
Founded Year Domain Location
Investments are made in pre-seed tech startups by Ramen Ventures.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ClaimCompass

ClaimCompass has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Service. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Customer issues resolution platform
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - ClaimCompass

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Claimcompass Comparisons

Employees
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Competitors of ClaimCompass

ClaimCompass operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Airhelp, RightNow, Geld Fur Flug, Reclamador and Flightright, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Compensation for flight delays and cancellations is managed for passengers.
domain founded_year HQ Location
Online platform to claim compensation for multiple services including flight delay
domain founded_year HQ Location
Refunds for canceled flights are secured via an online platform.
domain founded_year HQ Location
Compensation for delayed flights is claimed through an online platform.
domain founded_year HQ Location
Air passenger claims in Europe are managed and resolved.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Claimcompass

Frequently Asked Questions about ClaimCompass

When was ClaimCompass founded?

ClaimCompass was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is ClaimCompass located?

ClaimCompass is headquartered in Sofia, Bulgaria.

Is ClaimCompass a funded company?

ClaimCompass is a funded company, having raised a total of $1.3M across 2 funding rounds to date.

What does ClaimCompass do?

ClaimCompass was founded in 2015 and is based in Sofia, Bulgaria. Operations are conducted in the online dispute resolution sector, where assistance is provided to passengers impacted by delayed, cancelled, or overbooked flights. Monetary compensation from airlines, ranging from 250 to 600 Euros, is facilitated through the platforms services. The domain claimcompass.eu supports these activities across Europe.

Who are the top competitors of ClaimCompass?

ClaimCompass's top competitors include Airhelp, RightNow and Reclamador.

What products or services does ClaimCompass offer?

ClaimCompass offers Compensation Check and AirHelp+.

How many acquisitions has ClaimCompass made?

ClaimCompass has made 1 acquisition, including Service.

Who are ClaimCompass's investors?

ClaimCompass has 7 investors. Key investors include Airhelp, THCAP, Good News Ventures, Ramen Ventures, and Global Edge Investments.

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