How much funding have InsurTech startups in Africa raised?

InsurTech startups in Africa have raised $1.1B in disclosed funding.

Who invests in InsurTech startups in Africa?

Catalyst Fund has backed 6 InsurTech startups, followed by P1 Ventures (4) and Techstars (4).

SectorUpdated daily

InsurTech startups in Africa

StartupList Africa tracks 135 InsurTech startups across Africa, which have raised $1.1B in disclosed funding. South Africa has the most, with 32, followed by Nigeria (28) and Kenya (23).

Companies: 135; in this sector
Avg. Deal Size: $13M
Total Funding: $1.1B

GroupFintech & Capital10 sectors

Updated 21 Oct 2026135 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

All InsurTech startups135

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#	Startup	What they do	Last round	Raised	Team
1	BrollyGhana	Flexible pay-as-you-go car insurance and broker/insurer platform for gig drivers in Ghana and Nigeria	Not disclosed	Not disclosed
2	MedbookKenya	Clinical operating system for emerging health systems	Not disclosed	Not disclosed
3	Discovery LimitedSouth Africa	Behavioural-data-driven insurance and financial services platform	Not disclosed	Not disclosed
4	Ubuntu LifeSouth Africa	Affordable family funeral cover, paid fast	Not disclosed	Not disclosed
5	Reliance HealthNigeria	Technology-driven health insurance plans with telemedicine for individuals, families and businesses	Not disclosed	Not disclosed	501–1,000
6	Mal BazaarEgypt	Compare and buy insurance online in Egypt from top insurers	Not disclosed	Not disclosed
7	E-NSURERwanda	Insurance made easy.	Not disclosed	Not disclosed
8	MeerkatSouth Africa	Financial wellness platform offering debt review, savings, credit life and funeral cover to South Africans.	Not disclosed	Not disclosed
9	BimaSokoniTanzania	Online insurance marketplace in Tanzania for comparing and buying motor, health, life and general cover.	Not disclosed	Not disclosed	2–10
10	King Price InsuranceSouth Africa	Insurance with decreasing car premiums and digital policy management	Not disclosed	Not disclosed
11	Click2SureSouth Africa	Click2Sure is a cloud-based, insurance SaaS that enables businesses make better decisions with real-time reporting and insights.	Venture	Not disclosed	11–50
12	OWLS SoftwareSouth Africa	Cloud-native insurance administration platform for short- and long-term insurance	Not disclosed	Not disclosed
13	GarantyTunisia	100% digital affinity insurance for smartphones, appliances and optical products in Tunisia	Not disclosed	Not disclosed
14	TanelSenegal	Digital health coverage platform helping companies in Senegal and Côte d'Ivoire manage employee health insurance and access to care.	Not disclosed	Not disclosed
15	DoqtoorTunisia	Telemedicine platform offering teleconsultation and remote medical advice to members of partner insurers	Not disclosed	Not disclosed	2–10
16	DOSHGhana	Health insurance, financial services and lifestyle super app in Ghana	Not disclosed	Not disclosed
17	LumkaniSouth Africa	Connected fire detection and insurance protection	Seed	Not disclosed
18	HelpooEgypt	Helpoo is an integrated tech-enabled service application that offers motor vehicle insurance services in Egypt.	Corporate	Not disclosed	51–200
19	IRC.APPMadagascar	Malagasy health fintech that pays for employees' and families' medical care upfront, with flexible repayment later.	Not disclosed	Not disclosed	11–50
20	MesAssurancesMorocco	Insurance quote platform for Morocco, connecting users with ACAPS-licensed brokers and insurers	Not disclosed	Not disclosed

SLA Startup Index · raised is disclosed funding

Showing 1–20 of 135

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Frequently asked about InsurTech in Africa

How many InsurTech startups are there in Africa?: StartupList Africa tracks 135 InsurTech startups across Africa.
How much funding have InsurTech startups in Africa raised?: InsurTech startups in Africa have raised $1.1B in disclosed funding.
Which African countries have the most InsurTech startups?: South Africa has the most, with 32, followed by Nigeria (28) and Kenya (23).
Who invests in InsurTech startups in Africa?: Catalyst Fund has backed 6 InsurTech startups, followed by P1 Ventures (4) and Techstars (4).

Cite this page

StartupList Africa, “InsurTech startups in Africa”, updated 21 Oct 2026.

startuplist.africa/industries/insurtech