
ETAP
OperatingETAP is a car insurance app that makes buying and claiming on car insurance easy
- Insurance
- Lagos, Nigeria
- Pre-seed
- Founded 2021
- etapinsure.com ↗
- Total raised
- $1.5M
- disclosed
- Last round
- $1.5M
- Pre-seed
- Rounds
- 1
- since 2021
- Investors
- 4
- on record
- Employees
- 11-50
About ETAP
ETAP is a car insurance app that makes buying and claiming on car insurance as easy as taking a picture, using lightning-fast technology to prevent frauds, unlock better experiences and fairer prices for our customers by offering risk profile based instant cover, crash notification and emergency support, instant claims payment, introducing flexible automated payment plans as well as showing driving behaviour insights with driver score (per trip completed) and Safe Driving Rewards for drivers who drive safely. ETAP is exactly what the name says it does. It makes Car Insurance "easy as taking a picture" by making it simple, flexible, and transparent. The better you drive, the less you pay. Customers also get rewarded for driving safely by accumulating Safe Driving Points and redeeming for everyday rewards like shopping vouchers, movie tickets and lots more
ETAP funding1 round
ETAP has raised $1.5M across 1 disclosed round. The latest is a $1.5M Pre-seed announced 19 Apr 2022, led by Graph Ventures.
Who has invested in ETAP
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 19 Apr 2022 | ETAP Pre-seed | Graph Ventures +3 | $1.5M |
ETAP founders & team
ETAP competitorssame sector · similar funding
- EYST TechnologyTunis, Tunisia
- OctamileLagos, Nigeria
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Frequently asked about ETAP
- Where is ETAP based and when was it founded?
- ETAP is headquartered in Lagos, Nigeria and was founded in 2021.
- Who is the CEO of ETAP?
- Ibraheem Babalola is ETAP's CEO.
- How much funding has ETAP raised?
- ETAP has raised $1.5M across 1 disclosed round. Its latest, a $1.5M Pre-seed, was announced on Apr 19, 2022.
- Who has invested in ETAP?
- Backers include Tangerine Life, Newmont, Mobility 54 and Graph Ventures.
- What sector is ETAP in?
- ETAP operates in Insurance, SaaS and InsurTech.