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Endeavor Lebanon Impact Report 2017-2018

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15 As Endeavor Chile company ComparaOnline, a financial service comparison website focusing on the insurance market, was looking to expand further into Colombia, they collaborated with Endeavor Colombia company ComparaMejor, Bogotá-based leaders of the local car insurance marketplace. Endeavor Jordan company ArabiaWeather, the largest private weather company in the Arab World and a pioneer in weather technology, and Endeavor Greece company Raymetrics, a global leader and manufacturer of atmospheric Light Detection and Ranging (LIDAR) systems, have signed a Memorandum of Understanding to revolutionize dust forecasting in the MENA region. As Endeavor Entrepreneurs, both companies are working together to promote collaborative projects that leverage each company's unique strengths, resources and cutting-edge technologies in order to deliver timely, accurate and localized weather information and services to private and public sector entities across the MENA. The acquisition should allow the Endeavor Entrepreneurs to grow ComparaOnline's footprint in Colombia by 180% by the end of 2019. "rough the Endeavor network, I became acquainted with Fernando and Omar. ey have done admirable work, and thanks to their efforts they have become the leaders in Colombia. It will be an honor for us to continue to engage these Endeavor founders in our business." Sebastián Valin CEO of ComparaOnline "Raymetrics and ArabiaWeather have a common vision for the MENA region, and this partnership is the foundation for achieving it." Nikos Kontos CEO of Raymetrics At the global level Nikos Kontos, CEO of Raymetrics and Ehab Alshurafa, Managing Partner at ArabiaWeather Sebastián Valin, CEO of ComparaOnline, Omar Ynzenga and Fernando Sucre, Co-founders of ComparaMejor Endeavor Chile company ComparaOnline acquired Endeavor Colombia company ComparaMejor Endeavor Jordan company ArabiaWeather and Endeavor Greece company Raymetrics teamed up to revolutionize dust forecasting in the Middle East in 2018

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