Baloon
The insurtech developing insurance across Africa
Côte d'Ivoire · Founded 2017
- Headquarters
- Côte d'Ivoire
- Founded
- 2017
- Business Model
- B2C
- Website
- baloon.africa
- Last Round
- Venture RoundJan 2021
- Rounds
- 1
About
Baloon is a pan-African insurtech founded in 2017 that gives underserved populations in Francophone Africa digital access to affordable insurance products through mobile technology. Its holding team, based in Paris, combines experts from the insurance and technology sectors, and it partners with regional brokers such as OLEA Togo to distribute policies online. Backed by investors including P1 Ventures, Baloon has grown from a small local startup into a pan-African insurance group serving multiple West African markets.
Summary
Baloon is a Financial Services company based in Côte d'Ivoire, founded in 2017. Its most recent funding was a Venture Round in Jan 2021. Investors include P1 Ventures.
Tech & App Stack
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Funding History
Jan 2021
Investors
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