Digital Insurance Startups in Africa
Overview Powered by AI
Digital insurance is disrupting the market in West Africa, making insurance more accessible and affordable. Despite the buzz around players like Octamile, challenges remain in educating consumers and building trust. Local business leaders are intrigued but cautious, as the industry adapts to the new digital landscape.
Cummulative Funding
$500K+
Total # of Companies
2
Total Deal Count
1
Total M&A Count
1
Total # of Investors
7
List of Digital Insurance startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Octamile is enabling Insurance and non-insurance businesses in Africa to simplify access to insurance | Pre-seed | $ 500,000 | 2021 | |
Bluewave Insurance Agency is a Kenyan insurtech startup that eases the reach of the underserved market to insurance products and services. | Undisclosed | Undisclosed | 2016 |
Founded
2021
Overview
Octamile is enabling Insurance and non-insurance businesses in Africa to simplify access to insurance
Last round
Pre-seed
Total raised
$ 500,000
Employee
2-10
Founded
2016
Overview
Bluewave Insurance Agency is a Kenyan insurtech startup that eases the reach of the underserved market to insurance products and services.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10