Compsol eCOIDA

Home - Compsol - Injury on Duty (IOD) Claim Solution

Port Elizabeth, South Africa · Founded 2017

Headquarters
Port Elizabeth
Employees
11–50
Founded
2017
Last Round
GrantJan 2017
Rounds
1

About

Compsol eCOIDA is a South African insurtech company providing an online Injury on Duty (IOD) claims management platform. Founded in 1999 by Fritz Luttich and Trevor Allnutt, the company operates a central database that connects all role players in real-time — employees, employers, medical service providers, and the Compensation Fund — enabling accurate, paperless, fraud-resistant IOD claims processing. CompSol services over 1,000 medical service providers and more than 100,000 employers across South Africa, managing approximately 43% of all IOD cases in the country. The eCOIDA platform was accelerated through the Barclays Accelerator Programme to expand into the short-term insurance industry. The company is headquartered in Port Elizabeth (now Gqeberha), South Africa.

Summary

Compsol eCOIDA is a Digital Health company based in Port Elizabeth, South Africa, founded in 2017. Its most recent funding was a Grant round in Jan 2017. Investors include Barclays Bank and Techstars.

Tech & App Stack

5 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Grant2017 (est.)

Investors

Similar Companies

Alan

Digital health insurance company and healthcare super-app offering personalized health insurance,...

Paris, France501–1000Digital Health, Healthcare
Series G+Total funding$1.4BJun 2026
Ant Group

Global fintech company operating Alipay and providing digital payment, wealth management, insuran...

Hangzhou, China10001+Financial Services, Fintech
Series CTotal funding$18.5BJun 2018
RobinhoodIPO

Robinhood provides retail brokerage, crypto, advisory, banking, and private-markets access throug...

Menlo Park, United States1001–5000Fintech, Financial Services
Series G+Total funding$9.8BFeb 2021
Sixth Street Specialty LendingIPO

Sixth Street is a global investment firm managing over $130 billion in assets, focused on special...

San Francisco, United States1001–5000Financial Services, Fintech
Growth EquityTotal funding$4.4BNov 2022
FNZ

FNZ provides a global wealth management platform that combines technology, investment operations,...

London, United Kingdom5001–10000Financial Services, Fintech
Private EquityTotal funding$4.0BSep 2026
Paysafe Limited Common SharesIPO

Global payments platform providing payment processing, digital wallet, and online cash solutions ...

London, United Kingdom1001–5000Financial Services, Fintech
Private EquityTotal funding$3.9BAug 2017

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Compsol eCOIDA on Indexed.vc
<a href="https://indexed.vc/companies/compsol-ecoida"><img src="https://indexed.vc/api/badge/company/compsol-ecoida" alt="Compsol eCOIDA on Indexed.vc" width="260" height="76" /></a>