South Africa’s Click2Sure secures funding from USA

Click2Sure has announced raising a multi-million rand investment from US-based VC firm SixThirty. The Cape Town-based insurtech company stated that the fund was to help it further develop its product.

Launched in 2017, Click2Sure, according to review, is a full stack digital insurance platform which enables retailers, service providers, distributors and brokers to bolt on a selection of over 20 custom-developed insurance products at the point of sale.

The investment makes the startup the first African portfolio company signed by SixThirty. The American VC, which invests in early-stage enterprise technology companies, is famous for investing in startups building insurTech, fintech and cybersecurity solutions.

Speaking on the development, co-founder Daniel Guasco noted that the funding, however undisclosed, will enable Click2Sure to further develop its product and ensure businesses offering insurance take advantage of the benefits of digitisation.

He said: “Another reason we are thrilled to have SixThirty on board is their Go-To-Market Summer programme, where we were introduced to key individuals, executives and other founders well placed in the US market within blue chip companies, to help us get a foot in the door, and mentor us on what the US market and stakeholders expect to see from a startup and technology partner.”

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