Turaco
Insure 1 Billion People
Nairobi, Kenya · Founded 2019 · $11.2M raised
- Headquarters
- Nairobi
- Employees
- 11–50
- Founded
- 2019
- Business Model
- B2B2C
- Website
- turaco.insure
- Total Funding
- $11.2M
- Last Round
- $10.0M Series AAug 2022
- Rounds
- 2
About
Turaco is an African insurtech company that provides affordable health, life, and asset microinsurance products through partnerships with banks and fintechs across Kenya, Uganda, Nigeria, Ghana, Zambia, and Pakistan. Founded in 2019 by Ted Pantone and Peter Grossman, Turaco is licensed as a microinsurance underwriter in Uganda and Kenya and has surpassed one million insured customers. The company's technology platform enables its partners to offer, manage, and process insurance claims in record time, with a long-term vision of insuring one billion people globally.
Summary
Turaco is a Fintech company based in Nairobi, Kenya, founded in 2019. It has raised $11.2M in total across 2 rounds, most recently a $10.0M Series A round in Aug 2022. Investors include Novastar Ventures, AfricInvest and Global Partnerships.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Aug 2022
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Seed through Series A — per-round amounts, valuations, and who invested in each round.
Investors
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