Compass Venture Capital

Compass is a venture capital fund. We invest in start-ups with scalable business models and strong growth potential. We work with companies based in Mauritius, the Indian Ocean region and the African continent. Compass is wholly owned by and benefits from support from the ENL Group, one of Mauritius’ largest business conglomerates. Alongside the Turbine, our sister organisation and the region’s leading incubator and start-up accelerator, Compass is working to create a vibrant, sustainable start-up ecosystem in Mauritius and the Indian Ocean.

Bastien Maucet

Junior Partner

9 past transactions

Omnisient | Collaborative Consumer Intelligence

Series A in 2021
Omnisient is a Privacy Enhancing Technology and the leading privacy-preserving data collaboration platform in emerging markets. The technology creates a trust-by-design environment for businesses to collaborate on their first-party data securely, quickly, and easily while remaining compliant with consumer data privacy regulations. More than 148 million consumer records have been protected and anonymously linked for data collaboration using Omnisient’s Crypto-Identity tokenization. Use cases for privacy-preserving data collaboration include leveraging new alternative data sources for financial inclusion, improving the customer experience, and identifying new business opportunities for growth. Founded in Cape Town, South Africa, Omnisient is used by more than 80 of Africa’s largest banks, insurers, retailers, and healthcare organizations.

FCB.ai

Seed Round in 2020
FCB.ai specializes in developing conversational artificial intelligence platforms tailored for the financial services sector. The company's technology aims to enhance customer acquisition and retention by providing an interactive and engaging experience through intelligent, human-like conversations. This innovative approach not only fosters a deeper connection between clients and financial services but also streamlines the customer journey, ultimately improving conversion rates. By enabling financial service providers to efficiently interact with numerous potential and existing clients, FCB.ai contributes to a more intuitive and effective customer engagement strategy in the industry.

Omnisient | Collaborative Consumer Intelligence

Seed Round in 2020
Omnisient is a Privacy Enhancing Technology and the leading privacy-preserving data collaboration platform in emerging markets. The technology creates a trust-by-design environment for businesses to collaborate on their first-party data securely, quickly, and easily while remaining compliant with consumer data privacy regulations. More than 148 million consumer records have been protected and anonymously linked for data collaboration using Omnisient’s Crypto-Identity tokenization. Use cases for privacy-preserving data collaboration include leveraging new alternative data sources for financial inclusion, improving the customer experience, and identifying new business opportunities for growth. Founded in Cape Town, South Africa, Omnisient is used by more than 80 of Africa’s largest banks, insurers, retailers, and healthcare organizations.

Shortlist

Series A in 2019
Shortlist works in India and East Africa to help growing enterprises hire based on skills and potential, rather than pedigree. The Shortlist platform screens candidates using predictive chat-based interviews and online competency-based assessments, letting employers skips the most time-consuming and bias-prone phases of hiring.

FCB.ai

Pre Seed Round in 2018
FCB.ai specializes in developing conversational artificial intelligence platforms tailored for the financial services sector. The company's technology aims to enhance customer acquisition and retention by providing an interactive and engaging experience through intelligent, human-like conversations. This innovative approach not only fosters a deeper connection between clients and financial services but also streamlines the customer journey, ultimately improving conversion rates. By enabling financial service providers to efficiently interact with numerous potential and existing clients, FCB.ai contributes to a more intuitive and effective customer engagement strategy in the industry.

Hub2.Io

Seed Round in 2018
Hub2.Io is a system for digitizing ongoing transactions. Services like cash out, to pay, manage, and others are offered by them. Connecting businesses to their infrastructure will enable them to accept and process payments quickly and safely.

Luminar Ventures

Series A in 2018
Luminar Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2017. The firm focuses on making pre-seed and seed-stage investments in technology companies, particularly those in the information technology and healthtech sectors. Luminar Ventures prioritizes scalable digital companies from the Nordics, founded by motivated entrepreneurs aiming to disrupt or transform key industries. In addition to providing financial support, Luminar actively engages with its portfolio companies, offering strategic, operational, and organizational assistance to help establish a strong foundation for growth and future expansion.

Reuniwatt

Series A in 2017
Reuniwatt specializes in solar energy forecasting, cloud observation, and solar radiation estimation, offering patented solutions that enhance the reliability of solar energy production. Established in 2009, the company has become a leader in photovoltaic (PV) production forecasting, providing services to Independent Power Producers worldwide with exceptional accuracy. With over 250,000 hours dedicated to research and development, Reuniwatt holds four patents in its field. The company operates from offices in Reunion Island, Paris, and Toulouse, delivering unique forecasting solutions via a Software as a Service (SaaS) model. This technology enables various stakeholders in the electricity value chain, including production operators, grid managers, utilities, and energy traders, to effectively manage the inherent variability of solar energy. Through its innovative tools, Reuniwatt contributes to making solar energy a more dependable resource.

ICT.io

Seed Round in 2017
ICT.io is a startup focused on promoting innovation and entrepreneurship in the Indian Ocean region. It operates an online media platform that provides updates and news on startups, technological advancements, and related events. The platform serves as a resource for individuals interested in discovering the latest developments across various sectors, facilitating access to information about emerging businesses and industry trends. Additionally, ICT.io offers technological consulting services, further supporting the growth and visibility of startups in the area.
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