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§ Private Profile · Santiago, Region Metropolitana, Chile
Digital broker & comparison platform for insurance, financial products, auto insurance, and credit cards in Latin America.
ComparaOnline is a Santiago, Chile-based digital broker and comparison platform that enables consumers to evaluate and purchase various insurance policies and financial products. The platform specifically aggregates data for auto insurance, travel insurance, credit cards, and consumer credit options to facilitate informed purchasing decisions. Operating across Chile, Argentina, Brazil, and Colombia, the company utilizes both online search tools and dedicated call centers to assist its user base, which reached over one million monthly active users. The enterprise has secured $33 million in total funding, backed by prominent institutional investors including Kaszek Ventures, Ribbit Capital, Bamboo Capital Partners, and the International Finance Corp. In 2018, the firm expanded its regional footprint by acquiring the Colombian insurance comparison platform ComparaMejor following a $14 million Series C financing round. ComparaOnline was founded in 2009 by Sebastián Valin.
ComparaOnline has raised $30.0M across 3 funding rounds.
ComparaOnline has raised $30.0M in total across 3 funding rounds.
ComparaOnline has raised $30.0M across 3 funding rounds. Most recently, it raised $14.0M Series C in September 2017.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 18, 2017 | $14M Series C | — | Bamboo Capital Partners, International Finance Corporation, Kaszek Ventures, Ribbit Capital, Rise Capital | Announced |
| Sep 1, 2013 | $11M Series B | Meyer Malka | Avalancha Ventures, Draper Associates, Kaszek Ventures, Endeavor Catalyst, Rise Capital | Announced |
| May 1, 2012 | $5M Series A | — | Avalancha Ventures, Draper Associates, Kaszek Ventures | Announced |
ComparaOnline is a Chilean fintech company founded in 2009 that operates an online platform for comparing and purchasing insurance and financial products across Latin America, primarily serving consumers in Chile, Colombia, and Brazil.[1][2][4] It offers products like auto insurance, travel insurance, life insurance, health insurance, credit cards, loans, and mortgages, solving the problem of opaque financial decision-making by providing impartial comparisons from multiple providers to empower informed choices.[3][5][6] With around 200 employees and estimated 2025 revenues of $10-15 million, the company shows strong growth momentum through high user engagement (e.g., 648,900 visits over three months with 3:22 average session time) and tech optimizations like Oracle Responsys, which doubled conversion rates via automated emails.[1][2]
ComparaOnline was founded in 2009 in Santiago, Chile, as an online insurance and financial product comparison tool aimed at democratizing access to information in a market dominated by limited transparency.[1][2][3][4] The idea emerged from the need to aggregate products from various insurers and banks, allowing users to compare options like car insurance, travel assistance, credit cards, and loans without direct sales—redirecting them to partners instead.[1][6] Early expansion to Colombia and Brazil followed initial Chilean success, building to ~200 employees across three countries; pivotal moments include adopting cloud tools like Oracle NetSuite and Google Kubernetes Engine for scalability during peak events like Black Friday.[1][3]
ComparaOnline rides the fintech insurtech wave in Latin America, where digital adoption is surging amid rising smartphone penetration and demand for transparent financial services in underserved markets.[2][5] Timing aligns with post-pandemic e-commerce growth and regulatory pushes for consumer protection, favoring aggregators that reduce information asymmetry without M&A disruptions or lawsuits.[2] Market forces like regional economic recovery and competition from players like Coverfox (India) or Eva Latam (Mexico) highlight its edge in multi-product breadth; it influences the ecosystem by setting standards for impartial marketplaces, boosting organic growth, and enabling partners' reach via high-traffic platforms.[3][4]
ComparaOnline is poised for accelerated expansion, potentially entering more LatAm markets with its scalable cloud infrastructure and proven conversion tech, targeting $20M+ revenues by leveraging AI-driven personalization.[1][2][3] Trends like embedded insurance and open banking will amplify its lead generation model, while sustained user engagement positions it to shape regional fintech norms. As digital guides redefine insurance transparency, ComparaOnline's impartial platform will likely cement its role as a consumer-empowering staple in a fragmenting ecosystem—doubling down on what started as a simple comparison tool in Chile.[5]
ComparaOnline has raised $30.0M in total across 3 funding rounds.
ComparaOnline's investors include Bamboo Capital Partners, International Finance Corporation, Kaszek Ventures, Ribbit Capital, Rise Capital, Meyer Malka, Avalancha Ventures, Draper Associates, Endeavor Catalyst.