The Germany-based comparision website reportedly secures an investment from 500 Startups' Dave McClure, taking it to nearly $1m raised, according to TechCrunch.

Germany-based comparison company Versus IO, which is backed by High-Tech Grȕnderfonds a corporate-backed German state venture fund, and investment company JMES Investments, has reportedly raised $100,000 from Dave McClure, founding partner of venture firm 500 Startups.

The investment followed the company receiving backing from High-Tech Grȕnderfonds and JMES Investments, bringing the total raised by the Berlin-based company to a bit under $1m, news provider TechCrunch reported.