Casava
Insurance you enjoy.
Lagos, Nigeria · $4.0M raised
- Headquarters
- Lagos
- Employees
- 11–50
- Business Model
- B2C
- Website
- casava.com
- Total Funding
- $4.0M
- Last Round
- $4.0M Pre-SeedFeb 2022
- Rounds
- 1
About
Casava is Nigeria's first fully digital microinsurance company, offering affordable health insurance and health cash products to individual consumers and businesses across Nigeria through a mobile-first, 90-second signup experience. The company uses technology and behavioral economics to make insurance accessible at price points starting under ₦1,200 per month, with claims paid digitally within 48 hours of approval. Casava also provides business insurance lines including Credit Life and Business Gro, and has recently expanded into clean energy insurance in partnership with fintech firm Rivy. Licensed by Nigeria's National Insurance Commission (NAICOM), Casava is incorporated as both a Delaware LLC and a Nigerian microinsurance underwriter, and has grown to become the fastest-growing insurtech startup in Africa by policy count.
Summary
Casava is a Fintech company based in Lagos, Nigeria. It has raised $4.0M in total across 1 round, most recently a $4.0M Pre-Seed round in Feb 2022. Investors include Target Partners.
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Funding History
Feb 2022
Investors
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