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Top 50 InsurTech Startup Investors in Africa (August 2026)

The most active venture capital funds and angel investors investing in Africa InsurTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Africa InsurTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
54 Collective
VC Fund
5 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Goodwell Investments
VC Fund
4 Nigeria, South Africa, Kenya Series A, Series B, Venture - Series Unknown FinTech, Financial Services, Banking $200k–$26M
Consonance Investment Managers
VC Fund
4 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, B2B $50k–$10M
Future Africa
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Lireas Holdings
VC Fund
3 South Africa, United States Seed, Series A, Series B FinTech, InsurTech, Security $5.4M–$47M
Dr Kiran C Patel
Angel
3 India, Botswana, United States Seed, Pre-Seed, Series A FinTech, Medical, InsurTech $400k–$500k
Jai Mahtani
Angel
3 United States, United Kingdom, Germany Venture - Series Unknown, Seed, Angel FinTech, Sports, Artificial Intelligence $1.3M–$20M
Sudeep Ramnani
Angel
3 United States, Nigeria, United Kingdom Venture - Series Unknown, Seed, Angel Sports, FinTech, Artificial Intelligence $1.3M–$20M
Tencent
VC Fund
3 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $4M–$400M
Accion Ventures
VC Fund
2 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$30M
P1 Ventures
VC Fund
2 Egypt, Kenya, United States Seed, Pre-Seed, Series B Financial Services, Software, Payments $400k–$40M
Manuel Coser
Angel
2 United States Seed, Angel Credit, FinTech, InsurTech
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Acasia Ventures
VC Fund
2 Egypt, United States, Nigeria Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Artificial Intelligence $1M–$2.6M
BluePointe Ventures
VC Fund
2 United States, Mexico, Nigeria Seed, Series A, Series B Software, Artificial Intelligence, Enterprise Software $1.2M–$290M
Olugbenga Agboola
Angel
2 Nigeria, Kenya, United States Pre-Seed, Seed FinTech, Financial Services, Payments $625k–$7.5M
Jonathan Doerr
Angel
2 United States, United Arab Emirates Seed, Angel, Pre-Seed SaaS, VoIP, Credit
Leo Stigler
Angel
2 Nigeria, United States Seed, Angel, Series A Credit, FinTech, InsurTech
Klemens Hallmann
Angel
2 United States Seed, Angel Credit, FinTech, InsurTech
UW Ventures
VC Fund
2 South Africa Seed, Series A FinTech, Payments, Mobile Payments $456k–$31M
Christian Angermayer
Angel
2 Germany, United States, United Kingdom Seed, Series A, Series B Financial Services, FinTech, Blockchain $549k–$125M
Atlantica Ventures
VC Fund
2 Nigeria, South Africa, United States Seed, Pre-Seed, Series A Software, FinTech, Information Technology $450k–$3.7M
Launch Africa
VC Fund
2 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Kepple Africa Ventures
VC Fund
2 Nigeria, Kenya, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Software $100k–$23M
Allan Gray
VC Fund
2 South Africa, United States Seed, Series A, Series C FinTech, Payments, Mobile Payments $456k–$100M
Charles Delingpole
Angel
2 United Kingdom, United States, Spain Seed, Pre-Seed, Series A FinTech, Financial Services, Payments $382k–$20M
Christian Faes
Angel
2 United Kingdom, Australia, United States Seed, Series A FinTech, Financial Services, Finance $357k–$20M
Richard Aseme
Angel
2 Egypt, United States Seed, Angel, Pre-Seed FinTech, Financial Services, B2B $8.3M–$20M
Babs Ogundeyi
Angel
2 Nigeria, Zambia, Pakistan Seed, Pre-Seed FinTech, Financial Services, Finance $780k–$6M
MFS Africa
VC Fund
1 France, Uganda, Germany Seed, Series A FinTech, Mobile, Insurance $562k–$7.3M
Kesho Capital
VC Fund
1 Nigeria, China Pre-Seed, Series B Financial Services, FinTech, Payments $500k–$780k
Kyle Daley
Angel
1 Canada, Nigeria Seed, Pre-Seed FinTech, Payments, Software
Spartan
VC Fund
1 United States, Italy, Australia Seed, Pre-Seed, Series A Blockchain, Gaming, Web3
Tangerine Life
VC Fund
1 Nigeria Seed, Pre-Seed Financial Services, FinTech, Apps
Lionel Dorie
Angel
1 Mali Seed AgTech, InsurTech, Mobile Payments
Chris Adelsbach
Angel
1 United Kingdom, United States, Ireland Seed, Pre-Seed, Series A FinTech, Financial Services, Software
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS
DEG
VC Fund
1 India, South Africa, Ghana Debt Financing, Grant Financial Services, FinTech, E-Commerce
4Di Capital
VC Fund
1 South Africa, United States, Uganda Seed, Series A, Series B Software, Financial Services, Mobile
Guillaume Leenhardt
Angel
1 Mali Seed AgTech, InsurTech, Mobile Payments
Orbs
VC Fund
1 South Korea, United States Seed, Pre-Seed Blockchain, Gaming, Internet
Olive Tree Capital
VC Fund
1 United States, India, Nigeria Seed, Series A, Series C FinTech, Health Care, Financial Services
TrustGro
VC Fund
1 Kenya Seed InsurTech, Insurance
E4EAfrica
VC Fund
1 South Africa, France, The Netherlands Seed, Series A, Series B Logistics, Internet, Supply Chain Management
Finclusion Group
VC Fund
1 Kenya Seed InsurTech, Insurance
Henry Allard
Angel
1 Mali Seed AgTech, InsurTech, Mobile Payments
Amandine Lobelle
Angel
1 United States Seed Credit, FinTech, InsurTech
Blockchain Founders Fund
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech
Oliver Jung
Angel
1 United States, Germany, India Seed, Series A, Series B E-Commerce, FinTech, Internet $770k–$160M
Fiat Ventures
VC Fund
1 United States, Canada, Nigeria Seed, Series A, Pre-Seed Financial Services, FinTech, InsurTech $500k–$29M
Access all 50 investors in Africa InsurTech startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!

Investor list

54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 5 investments in Africa InsurTech startups

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 111
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • LipaLater — LipaLater is a lending marketplace that provides postpaid payments at e-commerce stores. They are making technology affordable for you. Get the electronic of your choice today and pay for it in comfortable monthly installments.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in Africa InsurTech startups

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 48
  • Round size: Series A $1.5M–$12M; Series B $2M–$26M; Venture - Series Unknown $200k–$1.8M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
  • Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 4 investments in Africa InsurTech startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 37
  • Round size: Seed $550k–$4M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Control what AI coding assistants can install. Approve libraries, MCP servers, and extensions before they enter your codebase.
  • EMTECH — Cari pragmatic slot gacor? Cek info RTP slot Pragmatic Play terupdate di AkongCuan. Mulai modal slot depo 5K sekarang, mainkan, dan raih cuan maksimal!
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Future Africa
VC Fund · San Francisco, California, United States · 4 investments in Africa InsurTech startups

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 91
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Lireas Holdings
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in Africa InsurTech startups

Lireas is a leading investment company with a specific focus on insurance and insurance technology investments. We have a track record of over 35 years investing in start-ups and existing businesses requiring growth funding or new partners. We invest in people and not just elaborate business plans a

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Investment focus

  • Industry: FinTech, InsurTech, Security
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $5.4M–$47M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • LifeQ — We empower everyone to delay aging, optimize your health, harness more energy, reduce the probability of disease, and understand why and how your body is changing, right now! It is in your power to be your biologically younger self.
  • Pineapple — In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US.
  • Investsure — InvestSure is a technology company that uses its software to enable partner investment platforms to sell its unique Investment Indemnity (insurance) product to their clients. InvestSure provides a full set of APIs that trading platform developers can use to integrate the Investure Investment Indemnity product seamlessly and easily into theirwebsites and mobile applications. Once InvestSure technology is added to a trading platform, it enables users to buy insurance on their shares with a single click. The full process from buying to insurance to settling claims is fully automated.The Investment Indemnity product itself is a unique innovation; it is designed to protect to protect shareholders against any losses in share value caused by actual or perceived fraud committed by management. This enables investors to secure their investments. The cost of the product is low enough to not significantly reduce returns of investors where no insurance event occurs, but to provide significant downside protection where an insured event does occur.
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Dr Kiran C Patel
Angel · 3 investments in Africa InsurTech startups

Kiran C. Patel is an Indian-American philanthropist, cardiologist and businessman.

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Investment focus

  • Industry: FinTech, Medical, InsurTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, Botswana, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $400k–$500k
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • Alpha Direct — Alpha Direct is a Botswana-HQ, Africa-focused risk carrying Insurtech that is focused on using cloud, big data and AI to deliver compelling insurance products for Africa’s growing consumer market.The insurance sector in Africa is underpenetrated vs most of the World. Given affordability, accessibility and inflexibility, insurance is seen asbeing a product “that is only available to the rich”.The company has become the fifth largest short-term insurance underwriter in their home market in under 5 years, and is now focused on regional and continental expansion across Africa as well as entering the long-term insurance market. The company has a strong stable of intellectual property including software, trademarks and patents. The company recently won The African Insurance Award for Innovation of the Year, for their insurance in a box product sold through retail outlets (with a cloud-based activation and policy management platform) where they have acquired thousands of customers and are scaling up rapidly. Over the next 5 years Alpha Direct plans to expand its product offering to include long-term insurance products as well to expand its footprint to include South Africa, Kenya, Egypt and Nigeria. Alpha Direct plans to license its products and technology in 10 African countries outside those where it has a physical presence.
  • Magenta Mobility — Magenta is in business of 'Enabling electric mobility and Making electricity clean'. Magenta has four business divisions: 1. Magenta ChargeGrid - EV Charging Solutions 1. Magenta Power - Clean Energy Systems 3. Magenta Infomatics - Information Technology for clean energy 4. Magenta EVET - Electric Vehicle based transport solutions
  • Concept Medical — Discover how Concept Medical transforms ideas into groundbreaking medical devices for cardiovascular interventions.
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Jai Mahtani
Angel · Dubai, Dubai, United Arab Emirates · 3 investments in Africa InsurTech startups

Jai is an entrepreneur and investor based in the UAE. He has a track record of building and scaling sports and digital businesses, including Sporty Group and PalmPay.At 885 Capital, he backs ambitious founders and ideas at the intersection of sports and technology - diversifying into other high-impact fields, with a specific interest in realestate.Jai holds a BSc in Management Studies from Nottingham University.

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Investment focus

  • Industry: FinTech, Sports, Artificial Intelligence
  • Stage:Venture - Series Unknown, Seed, Angel
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 14
  • Round size: Seed $1.3M–$20M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Alaan — Take control of your business spend.
  • Science — Fearless pursuit of medicine's hardest problems
  • Voyage Foods — Voyage Foods is securing the future of our favorite foods. Many of the foods we love face uncertain futures due to a range of health, environmental and social reasons, and it will soon become harder to safely, economically and responsibly enjoy a cup of coffee, a bite of chocolate or a spoonful of peanut butter. Through the use of natural,sustainable and upcycled ingredients, combined with proprietary technology and food science, Voyage is creating delicious new foods that taste and look just like their original counterparts – unencumbered by global environmental issues. Our first three platforms: Nut-Free Spreads, Cocoa-Free Chocolate and Bean-Free Coffee.
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Sudeep Ramnani
Angel · Dubai, Dubai, United Arab Emirates · 3 investments in Africa InsurTech startups

Sudeep Ramnani is the Founder & Managing Partner of 885 Capital. He previously worked at PalmPay as Co-Founder, Board Member, and Investor. Sudeep attended the London School of Economics and Political Science, where he studied economics.

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Investment focus

  • Industry: Sports, FinTech, Artificial Intelligence
  • Stage:Venture - Series Unknown, Seed, Angel
  • Geography: United States, Nigeria, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $1.3M–$20M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Syfe — Syfe is a MAS-licensed investment platform where you can trade single stocks, build custom portfolios or choose a managed solution - all in one place.
  • Science — Fearless pursuit of medicine's hardest problems
  • Voyage Foods — Voyage Foods is securing the future of our favorite foods. Many of the foods we love face uncertain futures due to a range of health, environmental and social reasons, and it will soon become harder to safely, economically and responsibly enjoy a cup of coffee, a bite of chocolate or a spoonful of peanut butter. Through the use of natural,sustainable and upcycled ingredients, combined with proprietary technology and food science, Voyage is creating delicious new foods that taste and look just like their original counterparts – unencumbered by global environmental issues. Our first three platforms: Nut-Free Spreads, Cocoa-Free Chocolate and Bean-Free Coffee.
Show all investments...

Tencent
VC Fund · Shenzhen, Guangdong, China · 3 investments in Africa InsurTech startups

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 660
  • Round size: Series A $4M–$230M; Series B $15M–$200M; Series C $30M–$400M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Fenda — Fenda is an app where users can set their own price for answering questions in a field they are good at, and others can ask questions and pay for answers. Additionally, users can pay to listen to other questions and answers in the app
  • Gaana — Gaana.com- Listen & Download latest MP3 songs online. Download new or old Hindi songs, Bollywood songs, English songs* & more on Gaana+ and play offline. Create, share and listen to streaming music playlists.
  • Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Africa InsurTech startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 143
  • Round size: Seed $500k–$6.4M; Series A $2.5M–$17M; Series B $8M–$30M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Jeitto — Jeitto is an app that joins the loan with the possibility of doing cell recharges and paying bills, aiming to transform people's financial experience with credit and convenience. The company was founded in 2014 and is based in Sao Paulo, Brazil.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Billpocket — Billpocket convierte tu smartphone o tablet en una terminal punto de venta. Ya no tienes que esperar al banco y pagar exageradas cuotas de mantenimiento, fianzas y papel para poder cobrar con tarjeta. Simplemente necesitas una cuenta bancaria a donde puedas recibir tus cobros con tarjeta de débito y crédito.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
P1 Ventures
VC Fund · San Francisco, California, United States · 2 investments in Africa InsurTech startups

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

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Investment focus

  • Industry: Financial Services, Software, Payments
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Egypt, Kenya, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $1.3M–$5M; Pre-Seed $400k–$3M; Series B $7.5M–$40M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Lua — Build, deploy, and scale enterprise-grade AI agents. Ship your first agent without touching infrastructure.
  • Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
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Manuel Coser
Angel · Turin, Piemonte, Italy · 2 investments in Africa InsurTech startups

Manuel Coser has an extensive practice in the journalistic, TV, and film industry fields both as director, author, and camera operator; his work is specifically focused on citizens activism, political participation, human rights, and environmental issues.

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Investment focus

  • Industry: Credit, FinTech, InsurTech
  • Stage:Seed, Angel
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in Africa InsurTech startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Industry: Financial Services, FinTech, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 160
  • Round size: Seed $120k–$4.4M; Pre-Seed $100k–$2M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
  • MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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Acasia Ventures
VC Fund · Cairo, Al Qahirah, Egypt · 2 investments in Africa InsurTech startups

Acasia Ventures is a venture capital firm that invests in early-stage companies in the Middle East and Africa. With a focus on being the first to believe in innovation and entrepreneurship, the firm aims to support the growth of the next generation of market leaders through their unique and scalable solutions. Its Tech Fund I is currently lookingfor investments in tech-driven and tech-enabled startups at the pre-Seed to pre-Series A stage.

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Investment focus

  • Industry: Financial Services, FinTech, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Egypt, United States, Nigeria

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$2.6M; Pre-Seed $1M–$2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Bluworks.io — Transform workforce operations with Bluworks. Manage scheduling, attendance, payroll, and teams from one platform with complete visibility.
  • Winich Farms — At Winich Farms we are a technology-driven and agri-startup connecting farmers with access to finance, premium markets and passionate about ensuring global food security and democratising agricultural participation. We drive digital participation by crowdfunding through our online platforms, these we use to engage farmers with quality inputs,agricultural expertise, process automation, and machinery, with the promise of decent returns to our subscribers and the farmers at the end of each farming cycle.In addition to this, utilizing our agro e-retail platform (web and app), we connect vicinity farmers with market (households) directly at farm gate price thereby reducing the activities of middlemen, making agro produce more affordable and easily accessible.One farmer at a time, our big vision is to build an Africa that feeds the world and itself. How do we plan to achieve this? Empower African Farmers by lowering barriers to accessing Capital and financial services, data driven best practices and technology to improve yield as well as access to local and global markets for their produce with established offtaker relationships like Flour Mills of Nigeria, Dangote Foods, Labana Rice, Big Bull Rice etcBacked by Orange Corners we are on a mission to create a prosperous and economically resilient Africa powered by Agriculture.
  • Settle Payments — SETTLE automates enterprise's payments and manages all their bank accounts in one place for better cashflow decisions.
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BluePointe Ventures
VC Fund · San Francisco, California, United States · 2 investments in Africa InsurTech startups

We look for enablers of change that could have a meaningful impact to the Human Experience.

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Investment focus

  • Industry: Software, Artificial Intelligence, Enterprise Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Mexico, Nigeria

Investor stats

  • Total investments: 69
  • Round size: Seed $1.2M–$6M; Series A $3.9M–$25M; Series B $15M–$290M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Accio3D — Arcessio's AI agents turn engineering data into manufacturing decisions and procurement-ready workflows, then orchestrate production through qualified suppliers.
  • Prezent AI — Presentation productivity platform for enterprise teams. Add zen to your presentations!
  • Impulse Space — Economical and nimble last-mile space payload delivery
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Olugbenga Agboola
Angel · 2 investments in Africa InsurTech startups

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $1.5M–$7.5M; Pre-Seed $625k–$3.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • tushop — Shop wholesale groceries, market fresh produce, local brands, and affordable preloved finds on Tushop. Secure checkout, friendly support and fast 90 minute delivery across Nairobi.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Jonathan Doerr
Angel · Dubai, Dubai, United Arab Emirates · 2 investments in Africa InsurTech startups

Jonathan Doerr is based out of Dubai, Dubai and is the Founder of Smileneo. Jonathan previously worked at Daraz as a Co-Founder & Co-CEO. Jonathan Doerr attended Baruch College.

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Investment focus

  • Industry: SaaS, VoIP, Credit
  • Stage:Seed, Angel, Pre-Seed
  • Geography: United States, United Arab Emirates

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Opontia — Opontia was founded by e-commerce experts, to provide a fast and fair way for small e-commerce business owners to sell their companies.
  • HelloCurve — Curve is an AI-powered Voice and Customer Intelligence Platform for Modern Sales & Support teams. Curve provides you with a business phone and call center quality technology through the cloud. We are reimagining CX through with our integrated Voice and Customer Intelligence Platform. With Curve, you can conduct customer conversationseffortlessly and extract deep insights with speech to text transcription, sentiment analysis, conversation auto-tagging, and seamless CRM integrations. Managers can elevate QA, pinpoint training opportunities, identify customer trends, and improve team collaboration.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Leo Stigler
Angel · 2 investments in Africa InsurTech startups

Leo Stigler is an investor.

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Investment focus

  • Industry: Credit, FinTech, InsurTech
  • Stage:Seed, Angel, Series A
  • Geography: Nigeria, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
  • Kwik — Your parcels delivered on-demand, safer, cheaper - Soon in Lagos
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Klemens Hallmann
Angel · Vienna, Wien, Austria · 2 investments in Africa InsurTech startups

Klemens Hallmann is an Austrian entrepreneur and investor. He is founder and sole owner of Hallmann Corporate Group, one of the larger Austrian groups of companies, specializing in sales, renovation, and development of real estate projects, in addition to a wide-ranging portfolio of investments including finance and film production

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Investment focus

  • Industry: Credit, FinTech, InsurTech
  • Stage:Seed, Angel
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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UW Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Africa InsurTech startups

UW is a multi-stage investor that provides growth and replacement capital across the equity-cycle. Its activities span from high-growth venture to mid-market private equity opportunities.

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Investment focus

  • Industry: FinTech, Payments, Mobile Payments
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 18
  • Round size: Seed $456k–$2.5M; Series A $1.3M–$31M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
  • Rather.chat — Rather.chat offers a platform that facilitates meaningful connections between businesses and their customers through WhatsApp. This service is designed to make customer interactions more personal and efficient, allowing for real-time communication. By leveraging the widespread use of WhatsApp, Rather.chat aims to enhance the customer serviceexperience, making it easier for businesses to address inquiries, resolve issues, and maintain engagement with their audience. The focus is on creating a seamless bridge for dialogue that respects the convenience and preferences of the modern consumer, who increasingly favors instant messaging over traditional forms of communication.
  • Manholes 4 Africa — m4a (Pty) Ltd specializes in the manufacturing of composite and plastics products designed for the utilities networks industry. As an Original Equipment Manufacturer (OEM), the company offers a comprehensive range of products including access chambers, microducts, bundled microducts (multiducts), sub ducts, corrugated pipes, axsCHAMBERS™,cnktCLOSURES™, fibreDUCT™, and fibreCABLE™. These products cater to the telecommunications sector, providing end-to-end solutions for infrastructure needs. m4a (Pty) Ltd is recognized for its innovative approach in developing polymer and composite civil infrastructure solutions. The company holds ISO9001 certification, ensuring high standards in quality management systems.
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Christian Angermayer
Angel · London, England, United Kingdom · 2 investments in Africa InsurTech startups

Christian Angermayer is based out of London, England and is the Co-Founder & Executive Chairman of Enhanced Games. Christian Angermayer attended the University of Bayreuth.

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Investment focus

  • Industry: Financial Services, FinTech, Blockchain
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 45
  • Round size: Seed $549k–$20M; Series A $8M–$45M; Series B $4.4M–$125M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • TRIP — TRIP is the UK's most trusted CBD Oils and CBD Drinks Supplier. Shop the UK's best CBD oils available online with FREE UK Shipping.
  • Plasma — We are now @Plasma.
  • Enhanced Games — At Enhanced, we are pioneering a new era in athletic competition that embraces scientific advancements to push the boundaries of human performance.
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Atlantica Ventures
VC Fund · Lagos, Lagos, Nigeria · 2 investments in Africa InsurTech startups

Discover African Tech Venture Capital with Atlantica Ventures and explore trusted services built for your goals today.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 16
  • Round size: Seed $1.5M–$3.7M; Pre-Seed $450k–$2.1M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Nosible — NOSIBLE gives AI complete situational awareness. Our 30-year intelligence platform detects and enriches global events, from politics to finance to sports, in near-real-time.
  • Salus Cloud — Empowering developers worldwide with seamless and secure application deployment and management. Join the revolution. #Salus_Cloud
  • Cybervergent — Cybervergent is a technology company that specializes in providing top-notch cybersecurity solutions to businesses and organizations.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 2 investments in Africa InsurTech startups, 7 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 217
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Zazu — Zazu is a neobank for African SMEs, offering seamless banking tools, cash flow automation, and real-time insights. Zazu simplifies finance management in one all-in-one solution.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Africa InsurTech startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 84
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.4M; Series A $1.1M–$23M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
  • TIBU Health — TIBU Health is a disruptive HealthTech logistics company that provides high-quality healthcare services.
  • Onboard — Onboard helps hardware companies transform their text manuals to 3D, intelligent manuals with instant customer support capabilities.
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Allan Gray
VC Fund · Alfred, New York, United States · 2 investments in Africa InsurTech startups

Allan Gray is Africa's largest privately owned investment management company focused on generating long-term wealth for investors..

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Investment focus

  • Industry: FinTech, Payments, Mobile Payments
  • Stage:Seed, Series A, Series C
  • Geography: South Africa, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $456k–$4M; Series A $1.3M–$31M; Series C $70M–$100M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • onafriq — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • Peach Payments — Get Peach as your Payment Gateway and Grow your ecommerce. Process online payments with Visa, Mastercard, Debit Orders, EFT payments, and subscriptions. Plugins for Wix, Shopify, WooCommerce.
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Charles Delingpole
Angel · London, England, United Kingdom · 2 investments in Africa InsurTech startups

Charles Delingpole is Founder and CEO of ComplyAdvantage, a technology company focused on wiping out financial crime using Machine Learning. As CEO, Charles leads the product development and growth of the company. His passion for the issue came from his time as the MLRO of a previous startup he founded when he realized how inefficient processesaround money laundering are. Charles previously worked at The Student Room as a Founder and CEO. He attended the University of Cambridge and The London School of Economics and Political Science (LSE).Over 99% of money laundering is successful, ComplyAdvantage is working to stop it completely. Founded in 2014 with offices in London, New York, Singapore, and Cluj, ComplyAdvantage work with over 350 firms across 45 countries. Charles set up his first company, The Student Room Group, now the world’s largest student discussion forum when he was 16. After completing his MA in Politics at Trinity College Cambridge, and then an MSc in Management, Strategy, and Finance from the LSE, he became an associate at J.P. Morgan Cazenove.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, Spain

Investor stats

  • Total investments: 42
  • Round size: Seed $2M–$10M; Pre-Seed $382k–$2.3M; Series A $6.3M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ascendx Cloud — Supercharge Salesforce with connected apps that streamline sales, automate data, and drive enterprise-scale growth - Salesforce Solutions By Ascendx
  • Firenze — Firenze aims to expand financial services by extending investment-backed lending to a wider audience, recognizing its importance in wealth creation and preservation. The founding team aims to democratize Lombard lending, making it accessible to all, while focusing on mass affluent clients.
  • Isembard — Faster, cheaper, greener manufacturing
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Christian Faes
Angel · London, England, United Kingdom · 2 investments in Africa InsurTech startups

Christian Faes was previously co-founder and CEO of LendInvest, which is a technology driven mortgage lender and a leading Fintech company. The company has over £3.5 billion of Funds Under Management, and is one of the largest non-bank mortgage lenders in the UK. Now building Faes & Co.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Series A
  • Geography: United Kingdom, Australia, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $357k–$20M; Series A $4.5M–$6.3M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Knoma — Knoma offers a payment solution and marketplace for lifelong learning. The business is tackling the digital skills gap as the global economy shifts into the fourth industrial revolution. We help people looking to future proof their career or move into new areas of work by reducing the barrier of payment and removing the pain point of sourcingtechnical courses.The business is built upon the firm belief in the importance of lifelong education to drive improvements in our customers’ future prosperity. We believe education should be accessed in a short, but frequent manner; at a lower price point and a focus on gaining technical, digital and data skill-sets. All users can gain access up to £10,000, where the cost of a course can be spread over 12 months with flexible repayments. The product is completely free to all end users with no interest or fees applicable. Knoma works with leading coding and tech schools. We are a fun and driven team, ready to make an impact!
  • Volume — Payment Infrastructure for the Internet
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Richard Aseme
Angel · London, England, United Kingdom · 2 investments in Africa InsurTech startups

Richard Aseme is the VP, International Marketing and Distribution, EMEA at Paramount Pictures. He attended Oxford University (Jesus College) oct 1996 - June 2000.

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Investment focus

  • Industry: FinTech, Financial Services, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Egypt, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $8.3M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Axis — With axis, you can send money to friends instantly and for free, buy anything online, request money from anyone, earn rewards and cashback, and understand your spending habits so that you can budget.
  • Octo — Experience infinite possibilities with financial solutions tailored to fit your lifestyle. From swift payments to personalized credit options, Octo is here to make every transaction seamless.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Babs Ogundeyi
Angel · Yaba, Lagos, Nigeria · 2 investments in Africa InsurTech startups

Cofounder and CEO of Kuda

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Zambia, Pakistan

Investor stats

  • Total investments: 12
  • Round size: Seed $2M–$6M; Pre-Seed $780k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Maplerad — Global payment infrastructure for businesses.
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MFS Africa
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Africa InsurTech startups

MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.

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Investment focus

  • Industry: FinTech, Mobile, Insurance
  • Stage:Seed, Series A
  • Geography: France, Uganda, Germany

Investor stats

  • Total investments: 9
  • Round size: Seed $562k–$7.3M; Series A $1.3M–$2M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Julaya — Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards. By digitizing their operations on the Julaya platform, businesses have access to digital loans.
  • maviance — Maviance is a German-based consulting (business and IT) and software development company that develops industry-specific for web and mobile applications for businesses and governments. It creates sustainable and customized solutions to meet the requirements of customers by combining its industry experience with solution-oriented skills of businessre-design, concept, project management, programming, and testing.Our commitment to excellence and sustainability is evident in suite of innovative and scalable smart mobile enterprise applications in industries like Microfinance, Metering, Insurance and Sales Automation. Each of our applications consists of a web-based back office server, mobile clients and APIs for SMS, mobile billing, mobile payment and integration into existing systems. Maviance serves clients in the financial services, telecommunications and public sectors, increasing productivity, reducing costs and improving their management capabilities. Founded in 2008, maviance GmbH is headquartered in Leipzig, Germany.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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Kesho Capital
VC Fund · London, England, United Kingdom · 1 investments in Africa InsurTech startups

Kesho Capital invests in start-up and early-stage companies with a mission to resolve global problems and provide value.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Pre-Seed, Series B
  • Geography: Nigeria, China

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $500k–$780k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Klump — Use Klump to buy now and pay later in instalments for up to 12 months! Businesses accept payments, increase conversion rates, and boost revenue. The Easy Life! Try it now.
  • Octamile — Octamile is Africa's best Embedded Insurance & Claims Automation solution for Insurers & B2C businesses. Get a quote today...
  • Singularity Energy Technology — Singularity Energy is committed to core technology research and product development in advanced energy storage systems, and contributes industry-leading solutions to promote large-scale clean energy integration and achieve global carbon neutrality goals.
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Kyle Daley
Angel · San Francisco, California, United States · 1 investments in Africa InsurTech startups

Kyle Daley is based out of San Francisco, California, and is the Co-Founder of Stealth Startup. Kyle previously worked at Chime as a Product and Founding Team Member.

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Investment focus

  • Industry: FinTech, Payments, Software
  • Stage:Seed, Pre-Seed
  • Geography: Canada, Nigeria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Octamile — Octamile is Africa's best Embedded Insurance & Claims Automation solution for Insurers & B2C businesses. Get a quote today...
  • Sleek — Sleek is a FREE browser extension that offers seamless checkout from every store on the internet AND gives you up to 25% cash back when shopping online.
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Spartan
VC Fund · Logan, Utah, United States · 1 investments in Africa InsurTech startups

Spartan is an oilfield management company that offers labor support, technology, engineering, construction, and project management services.

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Investment focus

  • Industry: Blockchain, Gaming, Web3
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Italy, Australia

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • Symmio — Symmio is a platform that facilitates the clearing of derivatives transactions by focusing on the specific intentions of users. It provides easy, permissionless access to both traditional and emerging assets.
  • Uptopia — Uptopia is the Base Chain ecosystem game startup platform.
  • Optimum — Optimum constitutes a decentralized, high-performance memory infrastructure tailored for use across various blockchains.
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Tangerine Life
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Africa InsurTech startups

Tangerine Life is a financial technology company that consistently goes the extra mile to improve the financial security of our consumers.With innovation and ingenuity as our guiding principles, we provide a range of avenues through which our consumers can access secure financial services that enable them improve their lives.

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Investment focus

  • Industry: Financial Services, FinTech, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • ETAP — ETAP is a digital insurance application that allows you to set up your car insurance in just 90 seconds.
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Lionel Dorie
Angel · 1 investments in Africa InsurTech startups

Lionel Dorie founding partner of Augusta Energy Group.

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Investment focus

  • Industry: AgTech, InsurTech, Mobile Payments
  • Stage:Seed
  • Geography: Mali

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • OKO — New generation crop insurance designed for emerging markets Droughts and flood insurance available from any mobile phone in Mali
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Chris Adelsbach
Angel · London, England, United Kingdom · 1 investments in Africa InsurTech startups

Chris Adelsbach - Founding Partner @ Outrun Ventures

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 216
  • Lead/follow: no public data

Portfolio highlights

  • Alfa AI — Alfa AI is a recruitment technology company specializing in AI-driven hiring solutions.
  • Capsa AI — Capsa AI helps private equity firms to take data-driven investment decisions using AI to transform due diligence process.
  • Camion — Empowering real estate to lead the energy transition with data and insights.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Africa InsurTech startups, 21 in the past 12 months

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 465
  • Lead/follow: no public data

Portfolio highlights

  • KoRo — KoRo is a fast-growing FoodTech startup - one of the leading brands for healthy, long-lasting and sustainable food.
  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • Socium — Socium Job these are companies that recruit and offer real career opportunities to all those who share their values ​​and wish to invest in their development.
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DEG
VC Fund · Overland Park, Kansas, United States · 1 investments in Africa InsurTech startups

DEG, a Merkle Company is a full-service digital agency purpose-built to meet clients in the moment with data-driven marketing, commerce, and collaboration solutions.

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Investment focus

  • Industry: Financial Services, FinTech, E-Commerce
  • Stage:Debt Financing, Grant
  • Geography: India, South Africa, Ghana

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • BioBuu — BioBuu focuses on the development of manufacturing capacity and environmentally sustainable production.
  • Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
  • SUN Energy — SUN Energy - Pengembang Proyek PLTS Terkemuka untuk Mendukung Perjalanan Keberlanjutan Perusahaan Anda.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa InsurTech startups

4Di Capital is an independent seed- and early-stage technology venture capital firm based in Cape Town, South Africa.Nurture capital is the term that best describes 4Di Capitalâ€:tm:s purpose and philosophy.We understand that in the early days of any business, support, mentoring and access to networks is just as important as seed capital.Using tried and tested international venture capital best practices, adapted for local use, we believe in entrepreneur-friendly finance without frills, and in working as a team with our investments to achieve their true potential.4Di Capital Early-Stage Technology Fund 1 targets startup investment opportunities with high growth potential at the seed- and early-stages in the mobile, enterprise software and web sectors.We look for founder teams with hungry passion, commitment, domain expertise and deep insights into the large market problems they wish to solve with their technology solutions.

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Investment focus

  • Industry: Software, Financial Services, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States, Uganda

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • Maxe AI — AI investment Assistant for all investors. AI Portfolios tracker of stocks bonds exchanges futures. all in one to track mutual funds.
  • Sendmarc — Maximize your email security and domain protection with DMARC to safeguard your business against email impersonation, phishing, and spoofing.
  • Rather.chat — Rather.chat offers a platform that facilitates meaningful connections between businesses and their customers through WhatsApp. This service is designed to make customer interactions more personal and efficient, allowing for real-time communication. By leveraging the widespread use of WhatsApp, Rather.chat aims to enhance the customer serviceexperience, making it easier for businesses to address inquiries, resolve issues, and maintain engagement with their audience. The focus is on creating a seamless bridge for dialogue that respects the convenience and preferences of the modern consumer, who increasingly favors instant messaging over traditional forms of communication.
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Guillaume Leenhardt
Angel · Paris, Ile-de-France, France · 1 investments in Africa InsurTech startups

Guillaume Leenhardt CEO chez Gentle Finance

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Investment focus

  • Industry: AgTech, InsurTech, Mobile Payments
  • Stage:Seed
  • Geography: Mali

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • OKO — New generation crop insurance designed for emerging markets Droughts and flood insurance available from any mobile phone in Mali
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Orbs
VC Fund · Tel Aviv, Tel Aviv, Israel · 1 investments in Africa InsurTech startups

Orbs is a public blockchain infrastructure that enhances the capabilities of existing EVM and non-EVM smart contracts.

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Investment focus

  • Industry: Blockchain, Gaming, Internet
  • Stage:Seed, Pre-Seed
  • Geography: South Korea, United States

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Symmio — Symmio is a platform that facilitates the clearing of derivatives transactions by focusing on the specific intentions of users. It provides easy, permissionless access to both traditional and emerging assets.
  • Harris & Trotter — H&T are chartered accountants and business advisers based in London. General Practice, Digital Assets, Music & Entertainment. 101 New Cavendish Street, London W1W 6XH. Tel 020 7467 6300
  • TON Strategy Company — VERB Technology Company is a software-as-a-Service, or SaaS, applications platform developer. Its platform is comprised of sales enablement business software products marketed on a subscription basis. The applications are available in both mobile and desktop versions. It includes verbCRM, Customer Relationship Management application, verbLEARN,Learning Management System application, and verbLIVE, its Live Broadcast Video Webinar application.
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Olive Tree Capital
VC Fund · Boston, Massachusetts, United States · 1 investments in Africa InsurTech startups

Olive Tree Capital started as the foreign investment arm of the single member family office. With a diverse mandate, we are able to seek worthwhile global investment opportunities without asset class restrictions; we seek public market opportunities with discrepancies between market perception and fundamental reality, and we enjoy privatelyinvesting in and collaborating with partners who share our passion, dedication, and clarity. More philosophically, we live by the Golden Rule; thus, we especially love entrepreneurs, artists, and businesses that are positively contributing to humanity in parallel with pursuing profitability.

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Investment focus

  • Industry: FinTech, Health Care, Financial Services
  • Stage:Seed, Series A, Series C
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 55
  • Lead/follow: no public data

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Arva AI — Arva AI makes onboarding onto a bank/fintech as a business 100x faster and significantly cheaper. An end-to-end KYB solution fuelled by AI.
  • Hamming AI — Test your AI voice agent against 1000s of simulated users in minutes. Call analytics, monitoring, and governance for AI voice agents.
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TrustGro
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Africa InsurTech startups

TrustGro is a non-deposit taking microfinance company incorporated in Kenya. We provide government payroll loans, private company payroll loans, vehicle logbook loans, asset finance loans and salary advance loans.

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Investment focus

  • Industry: InsurTech, Insurance
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
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E4EAfrica
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Africa InsurTech startups

E4E Africa Backing category-defining emerging market businesses. We invest in businesses that drive economic opportunity and sustainable growth.Learn MoreE4E specializes ... Read More

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Investment focus

  • Industry: Logistics, Internet, Supply Chain Management
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, France, The Netherlands

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • Hohm Energy — We make the process of going solar simple. Generate your free, custom solar proposal and get matched with an accredited solar provider in under 5 mins.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
  • Conservio — Discover and Book South Africa's best nature accommodations with Conservio. Book vetted accommodations, easy and safe to book online.
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Finclusion Group
VC Fund · Republic, Missouri, United States · 1 investments in Africa InsurTech startups

Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.

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Investment focus

  • Industry: InsurTech, Insurance
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
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Henry Allard
Angel · 1 investments in Africa InsurTech startups

Henry Allard CEO of Filhet-Allard Maritime.

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Investment focus

  • Industry: AgTech, InsurTech, Mobile Payments
  • Stage:Seed
  • Geography: Mali

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • OKO — New generation crop insurance designed for emerging markets Droughts and flood insurance available from any mobile phone in Mali
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Amandine Lobelle
Angel · 1 investments in Africa InsurTech startups

Amandine Lobelle is the Head of Business at Paystack. She attended Harvard Kennedy School.

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Investment focus

  • Industry: Credit, FinTech, InsurTech
  • Stage:Seed
  • Geography: United States

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 1 investments in Africa InsurTech startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 200
  • Lead/follow: no public data

Portfolio highlights

  • KINO — KINO is a film production company that brings fans behind the scenes of their favorite hollywood films.
  • Renaissance — Renaissance allows artists to amplify their streaming traction and tap into a community of their super fans.
  • Virtualtech Frontier — Virtualtech Frontier develops business processes through virtual reality technology. It operates virtual event platforms, metaverse services, and virtual reality solutions. Virtualtech Frontier was founded in 2021 and is based in Selangor, Malaysia.
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Oliver Jung
Angel · London, England, United Kingdom · 1 investments in Africa InsurTech startups

Oliver is a global investor and entrepreneur based in Tel Aviv. Oliver is investing in US and China based companies and helps them to go international. Previous projects include airbnb, houzz and hoteltonight.

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Investment focus

  • Industry: E-Commerce, FinTech, Internet
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, India

Investor stats

  • Total investments: 72
  • Round size: Seed $770k–$10M; Series A $4.4M–$25M; Series B $19M–$160M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Tzafon — Tzafon's vision is to broaden the lightcone of awareness by pushing the boundaries of machine intelligence, striving to extend the frontier of what intelligent systems can perceive, understand, and contribute.
  • Corgi Insurance — Corgi Insurance Services, Inc. ("Corgi") is an American technology company that operates an artificial intelligence (AI)-powered insurance carrier based in San Francisco, California. Corgi Insurance develops and operates a fully integrated insurance stack using AI agents to automate traditional carrier operations, becoming the world’sfirst “AI insurance company.” The company owns multiple subsidiaries operating under a dog-themed naming convention.
  • Kontigo — We help underbanked gig workers in Latam build credit and access group financing where small groups of family or friends lend and save money together. Users can validate their income from multiple sources such as gig apps, catalog sales, and open finance (Uber, Rappi, Didi, Indriver, Avon, and all major banks). After verifying the income wedirectly offer them group savings and group loans, without leaving WhatsApp, their primary messaging app.
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Fiat Ventures
VC Fund · San Francisco, California, United States · 1 investments in Africa InsurTech startups

Fiat Ventures invests in the future of fintech.

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Investment focus

  • Industry: Financial Services, FinTech, InsurTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Nigeria

Investor stats

  • Total investments: 30
  • Round size: Seed $1.9M–$8.9M; Pre-Seed $500k–$4M; Series A $10M–$29M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — raised $25M in 2022

Portfolio highlights

  • Odynn — Odynn is an AI, fully modular infrastructure platform that helps fintechs, banks, card issuers, and travel companies launch embedded travel, loyalty, and rewards programs. Its white-label solution, APIs, and agentic AI drive cardholder engagement while unlocking new revenue streams. Think AI Shopify for loyalty and travel.Current travel loyaltyprograms offer limited customizations, low engagement, high development cost, and lack of embedded financial features.Odynn makes your cardholders stickier and generates significant revenue in a way that makes them happy! Odynn increases retention and reduces churn, increases card spend, reduces CAC, provides diversified revenue, and ultimately increases customer lifetime value. Our B2B partners can: License our loyalty pricing and/or Traveler DNA APIs for standard SaaS fees Embed our holistic travel portal as a white label, where we pay our partners upwards of 75% of the net travel booking commissions Embed our Agentic AI Travel Concierge into their existing chatbots via API or white label or stand up a new one, where we pay our partners upwards of 75% of the net travel booking commissions Subscribe to our loyalty pricing data priced per volume
  • Braven — Braven turns every submission into a pre-analyzed, traceable decision, and every book into a live, provable view. Built for MGAs and reinsurers that do their own underwriting.
  • AdZen — Shared Vision is at the forefront of online commerce technology, providing creators with a cutting-edge platform to optimize and automate affiliate revenue streams. Its SaaS solution features a centralized management platform for creators, enabling them to easily manage their affiliate links and maximize their revenue potential. Meanwhile, itsunique consumer-based shopping cart experience drives increased sales and generates revenue for creators, brands, and itself.
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