Turaco

Insure 1 Billion People

Turaco was founded in 2019, is headquartered in Nairobi, Kenya, lists 11–50 employees, and has $11.2M in recorded funding across 2 rounds.

Headquarters
Nairobi
Employees
11–50
Founded
2019
Business Model
B2B2C
Total Funding
$11.2M
Last Round
$10.0M Series AAug 2022
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 6 investors for this company. The full record is or through the API.

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 lists 11–50 employees. 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

Series ASeries AAug 2022
$10.0M

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Funding: Seed through Series A. Amounts, valuations, and investors where available.

Investors

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