Offers digital insurance packages using a peer-to-peer model.
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Naked is a South African insurtech company that uses a peer-to-peer model to provide digital insurance packages. It focuses on transparency, simplicity, speed, and convenience, aiming to enable users to get insured in under 90 seconds through its mobile app. The technology automatically analyses user data and uses AI to customise policies. It is gaining traction with younger consumers looking for digital-first insurance.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Jan 24, 2025 | $38.0M | — | |
| Feb 20, 2023 | $17.0M |