Insurance Startups in Africa

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Insurance in East Africa is heating up. Hollard's expansion, Enterprise's dominance, and SA Taxi's niche play are reshaping the market. Local leaders buzz about Hollard's aggressive strategy, Enterprise's customer focus, and SA Taxi's disruption in the taxi industry. The race is on to capture the growing middle class and underinsured segments.

Cummulative Funding

$7.1M+

Total # of Companies

8

Total Deal Count

13

Total M&A Count

0

Total # of Investors

18

List of Insurance startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Amenli is an Egyptian licensed online insurance brokerage startup.

Seed

$ 3,425,000

2020

2.

Smart Medical Services is a technology-focused healthcare company, with a mission to provide a personalized healthcare journey in Egypt & beyond.

Venture

$ 1,200,000

2009

3.

Nice Deer is an InsurTech company that has developed an integrated digital ecosystem for the healthcare industry in Egypt.

Pre-seed

$ 1,000,000

2022

4.

SehaTech is transforming healthcare with digital solutions that streamline insurance management and improve services for patients.

Pre-seed

$ 850,000

2022

5.

bringy is a mobile app that enables customers to buy insurance services instantly, in a simple, digital end-to-end manner, with only a few clicks.

Pre-seed

$ 600,000

2019

6.

Amanleek is Egyptian insurtech platform simplifying purchase & management of insurance.

Pre-seed

$ 35,000

2019

7.

Compareha is Egypt’s leading price comparison website.

Pre-seed

$ 25,000

2019

8.

Helpoo is an integrated tech-enabled service application that offers motor vehicle insurance services in Egypt.

Corporate

Undisclosed

2022

Amenli

Founded

2020

Overview

Amenli is an Egyptian licensed online insurance brokerage startup.

Last round

Seed

Total raised

$ 3,425,000

Employee

11-50

Founded

2009

Overview

Smart Medical Services is a technology-focused healthcare company, with a mission to provide a personalized healthcare journey in Egypt & beyond.

Last round

Venture

Total raised

$ 1,200,000

Employee

101-250

Nice Deer

Founded

2022

Overview

Nice Deer is an InsurTech company that has developed an integrated digital ecosystem for the healthcare industry in Egypt.

Last round

Pre-seed

Total raised

$ 1,000,000

Employee

11-50

SehaTech

Founded

2022

Overview

SehaTech is transforming healthcare with digital solutions that streamline insurance management and improve services for patients.

Last round

Pre-seed

Total raised

$ 850,000

Employee

11-50

Bringy

Founded

2019

Overview

bringy is a mobile app that enables customers to buy insurance services instantly, in a simple, digital end-to-end manner, with only a few clicks.

Last round

Pre-seed

Total raised

$ 600,000

Employee

2-10

Amanleek

Founded

2019

Overview

Amanleek is Egyptian insurtech platform simplifying purchase & management of insurance.

Last round

Pre-seed

Total raised

$ 35,000

Employee

11-50

Compareha

Founded

2019

Overview

Compareha is Egypt’s leading price comparison website.

Last round

Pre-seed

Total raised

$ 25,000

Employee

2-10

Helpoo

Founded

2022

Overview

Helpoo is an integrated tech-enabled service application that offers motor vehicle insurance services in Egypt.

Last round

Corporate

Total raised

$ 0

Employee

51-200

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