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OKO

Operating

OKO is Malian InsurTech that provides index insurance services to smallholder farmers

Updated Source: SLA Startup IndexHow we verify →
Total raised
$2M
disclosed
Last round
Venture
Rounds
12
since 2017
Investors
20
on record
Employees
2-10

About OKO

OKO provides index insurance and other farming-related services to smallholder farmers in emerging countries. Using state of the art technologies to monitor rainfall and crop evolution, a direct interface with farmers and a unique distribution network, OKO protects farmers and unlocks their access to financing.

OKO funding12 rounds

All 12 rounds →

OKO has raised $2M across 12 disclosed rounds. The latest is a Venture announced 30 Sep 2025, led by Catalyst Fund.

Capital growthrunning total of disclosed rounds
  1. $145KPre-seedPre-seed, $145K, $145K raised to date
  2. $81KPre-seedPre-seed, $81K, $226K raised to date
  3. $25KConvertible NoteConvertible Note, $25K, $251K raised to date
  4. $1.2MSeedSeed, $1.2M, $1.5M raised to date
  5. $12KGrantGrant, $12K, $1.5M raised to date
  6. $500KSeedSeed, $500K, $2M raised to date

SLA Funding Index · grey is capital raised before each round · 6 undisclosed rounds not drawn

AnnouncedRoundLead · investorsAmount
30 Sep 2025OKO VentureCatalyst FundNot disclosed
12 Sep 2023OKO SeedInclusive Ventures LabNot disclosed
29 Jun 2022OKO SeedKatapult +3$500K
17 Dec 2021OKO GrantEcobank$12K
22 Apr 2021OKO SeedNewfund +5$1.2M
01 Jan 2020OKO Non-equity AssistanceFastTrackTechNot disclosed
01 Sep 2019OKO Convertible NoteImpactAssets$25K
15 Jul 2019OKO Pre-seedRaSa Future Fund +1$81K
15 Jul 2019OKO GrantSwiss Capacity Building FacilityNot disclosed
20 Mar 2019OKO GrantIsrael Innovation AuthorityNot disclosed
01 Jan 2019OKO GrantEASME - EU Executive Agency for SMEsNot disclosed
27 May 2018OKO Pre-seedTechstars +2$145K

OKO founders & team

Full team →

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InsurTech startups across Africa

Frequently asked about OKO

Where is OKO based and when was it founded?
OKO is headquartered in Bamako, Mali and was founded in 2017.
Who founded OKO?
OKO was founded by Shehzad Lokhandwalla (Co-Founder and CTO) and Simon Schwall (Co-Founder and CEO).
Who is the CEO of OKO?
Simon Schwall is OKO's Co-Founder and CEO.
How much funding has OKO raised?
OKO has raised $2M across 12 disclosed rounds. Its latest, a Venture, was announced on Sep 30, 2025.
Who has invested in OKO?
Backers include Catalyst Fund, Inclusive Ventures Lab, Guillaume Leenhardt, Henry Allard and 16 others.
What sector is OKO in?
OKO operates in InsurTech, Insurance and Agricultural Insurance.