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Cape Town-based insurtech company rather.chat has conducted the sale of over 100 000 insurance policies via its proprietary chatbot since inception, with 85% of these sales concluded without any human intervention. The company has evolved to assist businesses to develop and integrate custom chatbots into their operations and social media platforms, such as WhatsApp Facebook Messenger and Moya Messenger. Last year, rather.chat received a R15 million funding boost from venture capital firms HAVAÍC and 4Di, in a pre-series A funding round. The funding is being used to leverage the latest advancements in AI technology to develop chatbots that enable users to complete the entire quoting and purchase process in-chat.