Offers affordable health and life insurance to low-income earners via a tech-driven distribution model.
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Turaco provides accessible health and life insurance to low-income earners. It operates a digital platform. Since being founded, the insurtech has built and provided a suite of bespoke medical, life, asset, and vehicle insurance packages, covering over 500,000 people in Nigeria, Kenya, and Uganda. Turaco has secured $10M in a Series A funding round led by AfricInvest’s Cathay Africinvest Innovation Fund, and Novastar Ventures.
| Date | Round | Amount | Lead |
|---|---|---|---|
| Sep 16, 2022 | $10.0M |