MyCover.ai
OperatingMyCover.ai is democratizing access to insurance in Africa with open insurance API.
- Financial Services
- Lagos, Nigeria
- Pre-seed
- Founded 2021
- mycover.ai ↗
- Total raised
- $1.3M
- disclosed
- Last round
- $1.3M
- Pre-seed
- Rounds
- 2
- since 2021
- Investors
- 3
- on record
- Employees
- 11-50
About MyCover.ai
At mycover.ai, we believe Insurance is the safety net for Africans and our goal is to make it accessible to everyone through product innovation and technology.
We are revolutionizing the way Africans utilise & experience Insurance by enabling innovators to seamlessly embed insurance into their current offerings or launch new insurance verticals. Our AI-powered claims management service helps insurance companies to streamline their claims processes, reduce fraud and ultimately deliver great experiences to customers.
MyCover.ai funding2 rounds
All 2 rounds →MyCover.ai has raised $1.3M across 2 disclosed rounds. The latest is a $1.3M Pre-seed announced 19 Jul 2023, led by Ventures Platform.
Who has invested in MyCover.ai
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 19 Jul 2023 | MyCover.ai Pre-seed | Ventures Platform +2 | $1.3M |
| 01 Oct 2022 | MyCover.ai Pre-seed | Techstars | Not disclosed |
MyCover.ai founders & team
Full team →- Alexander Igwe-IfenduCo-Founder & Chief Product Officer
- Alexander Igwe-IfenduCo-Founder & Chief Product Officer
- Fred EbhoCo-Founder & CTO
- Fred EbhoCo-Founder & CTO
- Adebowale BanjoCo-Founder & CEO
- Adebowale BanjoCo-Founder & CEO
MyCover.ai competitorssame sector · similar funding
- PaddyCoverLagos, Nigeria
- EyeCoverPretoria, South Africa
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Frequently asked about MyCover.ai
- Where is MyCover.ai based and when was it founded?
- MyCover.ai is headquartered in Lagos, Nigeria and was founded in 2021.
- Who founded MyCover.ai?
- MyCover.ai was founded by Alexander Igwe-Ifendu (Co-Founder & Chief Product Officer), Alexander Igwe-Ifendu (Co-Founder & Chief Product Officer), Fred Ebho (Co-Founder & CTO), Fred Ebho (Co-Founder & CTO) and 2 other founders.
- Who is the CEO of MyCover.ai?
- Adebowale Banjo is MyCover.ai's Co-Founder & CEO.
- How much funding has MyCover.ai raised?
- MyCover.ai has raised $1.3M across 2 disclosed rounds. Its latest, a $1.3M Pre-seed, was announced on Jul 19, 2023.
- Who has invested in MyCover.ai?
- Backers include Ventures Platform, Techstars and Founders Factory Africa.
- What sector is MyCover.ai in?
- MyCover.ai operates in Financial Services, Insurance and InsurTech.
