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Builders in Fintech

Turaco

Builders in Fintech has recorded 3 equity rounds for Turaco, most recently a series a round of $10M on 15 September 2022.

Website

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Products
Total raised
$13.2M · equity rounds with a stated amount
Last round
Series A · $10M · 15 September 2022 · led by AfricInvest

Timeline

  1. Funding round

    Series A · $10M · AfricInvest (lead)

  2. Funding round

    Seed · $2M · Novastar Ventures (lead)

  3. Funding round

    Seed · $1.2M

All funding rounds in the database

Product

Microinsurance and technology for underserved markets in Africa

Insurance

Markets: Ghana, Uganda, Kenya

Turaco is a microinsurance and technology company in Africa. It works with partners such as microfinance banks, savings and loan companies and asset financiers to offer affordable cover, for example hospital cash and health insurance, to their customers. Turaco says it covers more than seven million lives across six markets, including Kenya, Uganda and Ghana, with a median claims turnaround of four hours.

Website

Description from the company website · Source

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