# Top 50 InsurTech VC (Venture Capital) Funds in Africa in June 2026

## 54 Collective
- Type: VC Fund
- Location: Johannesburg, NA - South Africa, South Africa
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Health Care, Information Technology, FinTech

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

## Future Africa
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, Information Technology

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.

## Goodwell Investments
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 4
- Stages: Series A, Series B
- Focus: FinTech, Financial Services, Banking

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

## Lireas Holdings
- Type: VC Fund
- Location: Johannesburg, NA - South Africa, South Africa
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: FinTech, InsurTech, Security

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

## Tencent
- Type: VC Fund
- Location: Shenzhen, Guangdong, China
- Relevant deals: 3
- Stages: Series B, Series A, Series C
- Focus: Software, Financial Services, Artificial Intelligence

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.

## Consonance Investment Managers
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, FinTech

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

## Ventures Platform
- Type: VC Fund
- Location: Abuja, Federal Capital Territory, Nigeria
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, Internet

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.

## UW Ventures
- Type: VC Fund
- Location: Johannesburg, NA - South Africa, South Africa
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: FinTech, Payments, Insurance

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.

## Allan Gray
- Type: VC Fund
- Location: Alfred, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series C
- Focus: FinTech, Payments, Mobile Payments

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

## Kepple Africa Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Software

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

## BluePointe Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Artificial Intelligence

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

## Atlantica Ventures
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, Internet

Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs.

## Launch Africa
- Type: VC Fund
- Location: Ebène, Plaines Wilhems, Mauritius
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Information Technology

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

## Tangerine Life
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Apps

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.

## AAF Management Ltd.
- Type: VC Fund
- Location: Arlington, Virginia, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, FinTech, Financial Services

Leading early-stage venture capital firm focused on pre-Seed, Seed and Series A stage technology companies in North America.

## Newmont
- Type: VC Fund
- Location: Denver, Colorado, United States
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Apps, FinTech, InsurTech

Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead

## Verraki Africa
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: InsurTech, Insurance, Auto Insurance

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## TrustGro
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Seed
- Focus: InsurTech, Insurance

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.

## Target Global
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: FinTech, Software, Financial Services

Target Global is a prominent European technology investment firm with a significant presence in the venture capital landscape, boasting over €3 billion in assets under management. The firm operates out of key tech hubs including London, Berlin, Tel Aviv, and Abu Dhabi, and has a rich portfolio featuring some of Europe's most successful techcompanies such as Revolut, Auto1, Copper, Delivery Hero, Docplanner, and Rapyd.Founding and GrowthTarget Global was established in 2015 by Shmuel Chafets and Yaron Valler, who brought a wealth of experience from their tenure at Hasso Plattner Ventures. Their professional partnership dates back 15 years to their time at Giza Venture Capital, a trailblazer in Israel's investment ecosystem, where they honed their investment acumen and industry foresight.Investment Philosophy and ImpactTarget Global stands out in the European tech industry for its diverse team and its ability to identify and capitalize on unique opportunities. The firm's knack for recognizing potential in the early stages of Germany's tech economy led to the emergence of several unicorns in the 2010s. As the European tech industry evolves, Target Global remains at the forefront, seeking out innovative companies like Robovision, Saleor, and Finom. These recent investments reflect the firm's commitment to supporting cutting-edge technology and business models.Fundraising SuccessesTarget Global's fundraising prowess is evident in its six investment funds, which have collectively raised significant capital. The funds range from Early Stage Funds, focusing on nascent startups, to Growth Funds that support more mature companies scaling their operations. The firm's co-investment strategy has led to over €1 billion in capital deployment across a diverse array of partnerships.Backing and AchievementsWith the backing of investors such as FERI, UBS, Allianz X, Mubadala, and Hermes GPE, Target Global has cemented its reputation as a trusted and successful investment firm. Its portfolio spans over 140 companies at various development stages, with a focus on those targeting trillion-dollar markets.Just a few of the many notable companies in the firm’s portfolio include:- Tarabut, MENA’s leading open banking platform, which was recently featured in Forbes Middle East’s list of Top 50 Fintech Companies.- Flo Health, an AI-driven women’s health product, which is the world’s top health and fitness app by downloads.- Robovision, an easy-to-use AI-driven computer vision platform for users to develop their own deep-learning-based solutions.- Enter, a German company that helps homeowners and businesses reduce their carbon footprint.Target Global's track record includes support for 15 unicorn companies, over 20 exits, and 7 IPOs, showcasing its ability to drive growth and success in the European tech ecosystem. The team, comprised of individuals with founder and operator backgrounds, continues to pursue exceptional opportunities to expand the firm's portfolio and influence.Target Global's journey from its inception to its current status as a key player in European venture capital is marked by strategic investments, a commitment to diversity, and a deep understanding of the tech industry's dynamics. With a clear vision for the future, Target Global is poised to continue its role in shaping the next wave of European tech giants.

## EchoVC Partners
- Type: VC Fund
- Location: Lagos, Lagos, Nigeria
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Information Technology, FinTech, Software

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

## Accion Ventures
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Financial Services, FinTech, Finance

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

## Entrée Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

We are a team of former serial founders managing $1.5Bn across a number of funds, with offices in Tel Aviv, London, and New York. We back the next generation of category-defining companies with conviction of founders who have built companies themselves.We back founders with a partnership built on trust, fairness and real operating experience. Westand with founders through every challenge, and help them grow with clarity, resilience and purpose.

## AAIC Investment
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Health Care, Medical, E-Commerce

We will continue to invest and support the growth of innovative companies towards sustainable economic growth and solving social issues.

## Lendable
- Type: VC Fund
- Location: Nairobi, Nairobi Area, Kenya
- Relevant deals: 1
- Stages: Debt Financing, Seed, Series A
- Focus: FinTech, Financial Services, Solar

Lendable is a technology enabled investment and alternatives platform that focuses on global impact alternatives.

## AfricInvest
- Type: VC Fund
- Location: Tunis, Tunis, Tunisia
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Financial Services, Manufacturing, FinTech

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

## Partech
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, SaaS

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.

## Fiat Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, InsurTech, Financial Services

Fiat Ventures invests in the future of fintech.

## Western Technology Investment
- Type: VC Fund
- Location: Portola Valley, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Health Care, Information Technology

Since 1980, WTI has helped more than 1,300 companies across every innovation sector finance their growth while minimizing dilution.

## Century Oak Capital
- Type: VC Fund
- Location: Vaduz, Vaduz, Liechtenstein
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: FinTech, Retail, Software

Century Oak Capital GmbH is a venture capital firm specializing in early-stage investments in Europe and Emerging Markets.

## Acasia Ventures
- Type: VC Fund
- Location: Cairo, Al Qahirah, Egypt
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Financial Services, FinTech, Mobile

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

## MFS Africa
- Type: VC Fund
- Location: Johannesburg, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: FinTech, Insurance, Mobile

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.

## P1 Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Financial Services, Software, Payments

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

## E4EAfrica
- Type: VC Fund
- Location: Cape Town, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Logistics, Internet, Supply Chain Management

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

## Newfund
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Newfund is a $300M entrepreneurial VC firm dedicated to pre-seed and seed investments in France and North America, in companies driving global change. The company is always looking for founders who are driven to realize a vision that will significantly alter the world in which we live. In order to appreciate what entrepreneurs are creating andutilize their strengths, Newfund aims to comprehend entrepreneurs as unique individuals.

## Resilience
- Type: VC Fund
- Location: La Jolla, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Biotechnology, B2B, IaaS

We're changing the way medicine is made - leveraging innovation to better serve scientific discovery, withstand disruptive events, and reach those in need.

## 4Di Capital
- Type: VC Fund
- Location: Cape Town, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Financial Services, Mobile

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.

## Acuity Ventures
- Type: VC Fund
- Location: San Jose, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: FinTech, Financial Services, Banking

Acuity Ventures is a Silicon Valley-based family of venture capital funds that provide investment capital and strategic guidance to early stage and emerging growth companies. The Fund currently investing is Acuity Ventures III LP, formed in 2004. Acuity provides capital through convertible preferred debt, direct equity investments and otherinvestment participations.

## The ASISA ESD Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series B, Series A
- Focus: FinTech, Internet, InsurTech

An Invetsment Fund.

## Mercy Corps Ventures
- Type: VC Fund
- Location: Portland, Oregon, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, AgTech

Our impact investing arm, Mercy Corps Ventures (MCV), invests in and fuels high-impact enterprises that increase the resilience of people and communities in frontier markets.

## Old Mutual Investment Group
- Type: VC Fund
- Location: Cape Town, NA - South Africa, South Africa
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: Retail, FinTech, Finance

As a leading African investment manager, we aim to deliver sustainable long-term returns for clients via our comprehensive range of investment capabilities.

## Spartan
- Type: VC Fund
- Location: Logan, Utah, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Gaming, Web3

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

## MCLB
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Finance, InsurTech, Decentralized Finance (DeFi)

MCLB is a Web3 investment community creating yield opportunities and building strategic governance positions in DeFi.

## Pioneer Fund
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, E-Commerce

300+ YC alumni investing in the top YC startups

## Hannover Re
- Type: VC Fund
- Location: Hanover, Niedersachsen, Germany
- Relevant deals: 1
- Stages: Series A, Seed, Private Equity
- Focus: Insurance, FinTech, InsurTech

We stand as one of the leading global reinsurers, offering comprehensive coverage in both property and casualty reinsurance across every continent worldwide

## Finclusion Group
- Type: VC Fund
- Location: Republic, Missouri, United States
- Relevant deals: 1
- Stages: Seed
- Focus: InsurTech, Insurance

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

## Mobility 54
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, Transportation, Information Technology

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

## AAIC Holdings
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Health Care, Medical, Financial Services

AAIC Holdingsis engages in nurturing investments in emerging countries, consulting and M&A, management outsourcing and human capital.

## First circle capital
- Type: VC Fund
- Location: Casablanca, Grand Casablanca, Morocco
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Financial Services, FinTech, Finance

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

## Kesho Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Payments, InsurTech, Insurance

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

## Picus Capital GmbH
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: mHealth, Hospital, InsurTech

Seed round investor