by Merlin Beyts | Nov 1, 2022 | Investment News, Middle-East & Africa, October 2022
Ding ding ding! Vesttoo is your latest insurtech unicorn! Mouro Capital led a Series C round worth $80 million which has garnered the company a valuation of $1 billion and means that the insurtech is yet another unicorn to come out of Israel’s scene of almost...
by Merlin Beyts | Oct 4, 2022 | Investment News, Middle-East & Africa, September 2022
Kenyan start-up, Turaco, has continued Africa’s innovation boom locking in $10 million via AfricInvest and Novastar Ventures to expand further via partnerships. Acting as a platform between customer and underwriter, its B2B and B2B2C model has seen the company build...
by Merlin Beyts | Sep 6, 2022 | August 2022, Investment News, Middle-East & Africa
Hala has scooped $5 million in its latest funding round led by Entrée Capital. The Abu Dhabi-based firm also had a helping hand from 500 Startups, EQ2 Ventures, Global Founders Capital, Hambro Perks Oryx...
by Merlin Beyts | Sep 6, 2022 | August 2022, Investment News, Middle-East & Africa
Harlem Capital has led a $3.7 million seed extension for Kenyan insurtech Lami. The start-up has created an API that allows companies such as banks to distribute insurance products to their customers. Jihan Abass, CEO and Co-founder, said, “On...
by Merlin Beyts | Sep 6, 2022 | August 2022, Investment News, Middle-East & Africa
Insurtech platform, Naked, has raised $11 million in its Series A round. Founded by Alex Thomson, Sumarie Greybe and Ernest North in 2018, Naked covers cars, content, homes and items using AI to improve internal processes and...
by ITC Admin | Aug 1, 2022 | Investment News, July 2022, Middle-East & Africa
South Africa has a new insurtech player. Ctrl (Co-Founded by Pieter Venter) has been boosted with $2.3 million from Naspers Foundry (CEO, Phuti Mahanyele) to help scale its operations. With the intention of providing customers more...