Car Insurance Startups in Africa

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Car insurance in West Africa is a growing market with immense potential. Players like ETAP are making significant strides, but challenges remain, including low insurance penetration rates and a lack of awareness among consumers. Business leaders are optimistic about the future of the industry, citing the increasing number of cars on the road and the growing middle class.

Cummulative Funding

$2.3M+

Total # of Companies

2

Total Deal Count

4

Total M&A Count

0

Total # of Investors

4

List of Car Insurance startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

ETAP is a car insurance app that makes buying and claiming on car insurance easy

Pre-seed

$ 1,500,000

2021

2.

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Funding Round

$ 850,000

2018

ETAP

Founded

2021

Overview

ETAP is a car insurance app that makes buying and claiming on car insurance easy

Last round

Pre-seed

Total raised

$ 1,500,000

Employee

11-50

Jamborow

Founded

2018

Overview

Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.

Last round

Funding Round

Total raised

$ 850,000

Employee

2-10

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