What is Compareit4me?
Compareit4me is a Dubai-based entity operating within the Banking industry. With a workforce of 50 to 99 employees and an estimated revenue between $10 million and $25 million, the company is positioned as a notable player in its market. Its operations are centered in the United Arab Emirates, a key financial hub in the MENA region. The company's strategic funding rounds suggest a focus on scaling its services and solidifying its market presence.
How much funding has Compareit4me raised?
Compareit4me has raised a total of $8.9M across 3 funding rounds:
Series A
$3M
Debt
$2.4M
Series B
$3.5M
Series A (2015): $3M with participation from STC Ventures
Debt (2016): $2.4M led by STC Ventures, Saned Equity Partners, Wamda, and Dubai Silicon Oasis Authority
Series B (2017): $3.5M supported by STC Ventures, Wamda, Saned Partner, and Dubai Silicon Oasis Authority
Key Investors in Compareit4me
STC Ventures
STC Ventures is a venture capital fund focused on equity investments in IT, telecommunications, and digital media, supporting innovative technology companies in the MENA region and globally.
Wamda
Wamda accelerates entrepreneurship ecosystems in MENA through its investment arm, Wamda Capital, focusing on high-growth technology startups and providing thought leadership.
Saned Partner
Saned Partners is a venture capital fund dedicated to nurturing early-stage MENA companies, providing capital and resources for growth in sectors like IT, Telecommunication, and Media.
What's next for Compareit4me?
The recent major strategic investment into Compareit4me signals a pivotal moment for the company, likely enabling accelerated growth, product development, and market penetration. As a company that has consistently attracted capital through various funding stages, Compareit4me appears poised to leverage this latest backing to further innovate within the Banking sector. Future endeavors may include expanding its service offerings, enhancing its technological infrastructure, and potentially exploring new geographic markets, building on its established foundation in Dubai.
See full Compareit4me company page
