ClaimCompass

ClaimCompass

ClaimCompass helps travellers get paid when airlines screw up their flights using data and tech.

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Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
% growth688 %199 %40 %(35 %)(20 %)19 %-
EBITDA0000000000000000000000000000
% EBITDA margin(14 %)(19 %)(50 %)(66 %)(20 %)--
Profit0000000000000000000000000000
% profit margin(17 %)(21 %)(51 %)(73 %)(37 %)--
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

More about ClaimCompass
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ClaimCompass is a specialized service provider focused on helping air passengers claim compensation for flight delays, cancellations, and overbookings. Operating in the travel and aviation market, ClaimCompass serves individual air travelers who are often unaware of their rights or find it challenging to navigate the compensation process. The company leverages legal expertise and a user-friendly platform to streamline the claims process, ensuring that passengers receive the compensation they are entitled to under EU Regulation 261/2004 and other relevant laws.

ClaimCompass operates on a 'no win, no fee' business model, meaning it only earns a commission if the claim is successful. This aligns the company's interests with those of its clients, providing a strong incentive to maximize claim success rates. The company makes money by taking a percentage of the compensation awarded to the passenger, ensuring that clients do not incur upfront costs.

By simplifying the claims process and offering expert legal support, ClaimCompass addresses a significant pain point in the travel industry, where less than 2% of eligible passengers currently receive their due compensation. The company's platform also provides educational resources to help passengers understand their rights and stay informed about travel-related issues.

Keywords: flight compensation, air passenger rights, travel claims, EU Regulation 261/2004, no win no fee, legal support, aviation market, delayed flights, canceled flights, overbooked flights.

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Tech stack

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Investments by ClaimCompass

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Service Technologies
ACQUISITION by ClaimCompass Jul 2020