BACK TO PORTFOLIOKompare
Overview
Partnership
October 2022 – present
Sector
Consumer/TMT
Geographical footprint
Croatia
Employees
150-200
Website
Croatian insurance and telco aggregator
Clients served annually
Contracts and policies sold
Leading insurance and telco aggregator on the Croatian market
In October 2022 Invera acquired a majority stake in Kompare online d.o.o., a leading Croatian insurance and telco aggregator (comparison site) operating under the brand name Kompare.hr. The Company provides a platform for retail customers to find the best deal, saving them time and money – while for its partners, it provides an efficient sales channel, decreasing their customer acquisition costs.
Invera recognized a unique opportunity to acquire a leader in a growing market with significant penetration potential and, to a certain extent, subscription-like product. The strategy is focused towards developing a leading one-stop-shop marketplace offering an array of personal finance products in the CEE region.
Post-acquisition highlights
- 50% revenue growth (y-o-y post-acquisition)
- Strengthened C-level and execution team
- New verticals and insurance product development
- AI and digitalization product development
- M&A activities
Value Creation
- Digitalization
- Internal optimizations
- Expanding geographical footprint
- Expanding product portfolio
- Brand development
Thoughts behind the investment
„A local market disruptor offering advanced technological solutions in an array of well established industries. By leveraging its proprietary tech stack, Kompare is not just enabling convenience and cost savings to the end user but also propelling sales of traditional insurance, banking and telco companies.”
Thoughts from entrepreneurs
“We chose Invera as our strategic partner for Kompare as they demonstrated a strong understanding of our ambition to challenge the status quo of the market. Their commitment to exploring new verticals, introducing innovative products, and supporting regional expansion, both through organic growth and acquisitions, aligned with our vision for growth. Invera’s passion towards fostering disruptive businesses like ours made them the perfect collaborator to help us navigate the competitive landscape and achieve our goals.”