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SA Start-Ups Pineapple And hearX Group Nominated For The SAVCA Industry Awards

SA Start-Ups Pineapple And hearX Group Nominated For The SAVCA Industry Awards. The Southern African Venture Capital & Private Equity Association (SAVCA) Industry Awards are a prestigious recognition of excellence in the private equity and venture capital industry, and Futuregrowth is honoured to have Pineapple and hearX Group nominated.

Pineapple is a South African-based insurance technology company that was launched in 2018. The company is one of the leading disruptive insurance technology businesses in South Africa. Insurance of motor vehicle and portable items is provided through a fully digitised platform. The company has experienced exponential growth in recent years, and it is confident that they will continue to disrupt the financial services industry.

HearX is a ground-breaking developer of hearing aids that are meticulously designed to be affordable and accessible to everyone. The company’s revolutionary technology holds immense potential to transform the lives of millions worldwide. HearX has partnered with Bose, a pioneer in audio electronics, to develop Lexie, a self-fitting over-the-counter (OTC) hearing aid. This innovative collaboration marks a significant step forward in democratising access to high-quality hearing solutions.

SAVCA is a member organisation that promotes the venture capital and private equity asset class in Southern Africa. Its mission is to contribute to a vibrant industry characterised by: access to capital to fund private equity and venture capital transactions, a healthy market for exits, a supportive regulatory regime, transformation within the industry and portfolio companies, and professional and ethical conduct.

By Thomas Chiothamisi
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