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Lami

Operating

Lami is a Kenyan InsurTech platform that enables companies across sectors to offer insurance products.

Updated Source: SLA Startup IndexHow we verify →
Total raised
$5.6M
disclosed
Last round
$3.7M
Seed
Rounds
4
since 2018
Investors
14
on record
Employees
11-50

About Lami

Lami is a Kenyan InsurTech platform that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.

Lami funding4 rounds

All 4 rounds →

Lami has raised $5.6M across 4 disclosed rounds. The latest is a $3.7M Seed announced 02 Aug 2022, led by Harlem Capital Partners.

Capital growthrunning total of disclosed rounds
  1. $110KGrantGrant, $110K, $110K raised to date
  2. $1.8MSeedSeed, $1.8M, $1.9M raised to date
  3. $3.7MSeedSeed, $3.7M, $5.6M raised to date

SLA Funding Index · grey is capital raised before each round · 1 undisclosed round not drawn

AnnouncedRoundLead · investorsAmount
02 Aug 2022Lami SeedHarlem Capital Partners +4$3.7M
05 May 2021Lami SeedAccion Venture Lab +6$1.8M
28 Jan 2021Lami GrantCatalyst Fund$110K
01 Apr 2020Lami Non-equity AssistanceFounder Friendly LabsNot disclosed

Lami founders & team

Lami competitorssame sector · similar funding

  • Oye

    Oye Kenya rewards boda riders with insurance, loans, and e-mobility through fuel purchases. · Kenya

  • Bluewave Insurance Agency

    Bluewave Insurance Agency is a Kenyan insurtech startup that eases the reach of the underserved market to insurance products and services. · Kenya

  • Britam

    Britam is a diversified financial services group. · Kenya

  • Turaco

    Turaco provides Insurance for tomorrow's emerging markets. · Kenya

  • Apollo Investments Ltd

    Apollo Investments Ltd provides general and life insurance solutions for individuals, businesses, and organizations in Kenya. · Kenya

  • MyCredit

    MyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals. · Kenya

All 12 Insurance startups in Kenya

Frequently asked about Lami

Where is Lami based and when was it founded?
Lami is headquartered in Nairobi, Kenya and was founded in 2018.
Who founded Lami?
Lami was founded by Jihan Abass (Founder & CEO).
Who is the CEO of Lami?
Jihan Abass is Lami's Founder & CEO.
How much funding has Lami raised?
Lami has raised $5.6M across 4 disclosed rounds. Its latest, a $3.7M Seed, was announced on Aug 02, 2022.
Who has invested in Lami?
Backers include Peter Bruce-Clark, Newtown Partners, Jay Weintraub, Harlem Capital Partners and 10 others.
What sector is Lami in?
Lami operates in Insurance and InsurTech.