Agricultural Insurance Startups in Africa

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Agricultural insurance has gained traction, but challenges persist. Pula and OKO have made strides, but scalability and impact remain concerns. Local business leaders are cautiously optimistic, recognizing the potential but also emphasizing the need for affordable premiums, transparent claims processes, and farmer education.

Cummulative Funding

$10.1M+

Total # of Companies

2

Total Deal Count

15

Total M&A Count

0

Total # of Investors

30

List of Agricultural Insurance startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Pula uses insurance and digital products to help smallholder farmers endure climate risks, and improve their farming practices.

Grant

$ 8,200,000

2014

2.

OKO is Malian InsurTech that provides index insurance services to smallholder farmers

Seed

$ 1,963,200

2017

Pula

Founded

2014

Overview

Pula uses insurance and digital products to help smallholder farmers endure climate risks, and improve their farming practices.

Last round

Grant

Total raised

$ 8,200,000

Employee

11-50

OKO

Founded

2017

Overview

OKO is Malian InsurTech that provides index insurance services to smallholder farmers

Last round

Seed

Total raised

$ 1,963,200

Employee

2-10

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