Turaco Insurance
Insurance · Delaware, United States · 51-200 Employees
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Overview
Headquarters
4023 Kennett Pike, Wilmington, Delaware,...Phone Number
+254 711082455Website
turaco.insureRevenue
$90.7 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
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About Turaco Insurance
Turaco is a technology-driven microinsurance platform that partners with banks, fintechs, and mobile money providers to embed affordable insurance products into everyday financial services. Its offerings include health insurance, life insurance, credit life, accident cover, and asset protection. The company focuses on fast claims processing, mobile-first distribution, and financial inclusion across Africa and other emerging markets.Explore more
Turaco Insurance Org Chart
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Turaco Insurance is experiencing very low activity levels compared to other companies in the Insurance sector.
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Turaco Insurance financials insights
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2020
Angel/Seed
$2M
2022
Series A
$10M
2026
Private Equity
$1.3M
Turaco Insurance Tech Stack
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Turaco Insurance News & Media
Kenyan insurance tech company Turaco gets $10 million in Series A funding - Tech In Africa
The leading insurance company pushing mass market insurance acceptance, Turaco, has announced that it has successfully closed a $10 million Series A equity round. The deal was led by AfricInvest, via the Cathay Africinvest Innovation Fund and existing investor Novastar Ventures.Kenya’s insurtech Turaco maintains 1 billion user target as it raises $10M funding
Insurance penetration in Africa is currently below 3% largely attributable to the slow adoption of innovation in the sector. Many underwriters rely on traditional systems involving agents and lots of paperwork to sign-up new customers, which limits customer reach, and hampers the uptake of their products. However, a change-point is in the offing as insurtechs […] Kenya’s insurtech Turaco maintains 1 billion user target as it raises $10M funding by Annie Njanja originally published onKenyan insurtech startup Turaco raises $2m seed funding round
Kenyan micro-insurtech startup Turaco has announced the close of a US$2 million seed funding round to further grow the business and scale its operations in Sub-Saharan Africa. Founded in 2018, Turaco is an insurtech business that partners with local companies and mobile lending organisations to provide simple and affordable medical cover to underserved and unserved communities. Currently operating in Kenya and Uganda,
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Turaco is a technology-driven microinsurance platform that partners with banks, fintechs, and mobile money providers to embed affordable insurance products into everyday financial services. Its offerings include health insurance, life insurance, credit life, accident cover, and asset protection. The company focuses on fast claims processing, mobile... Read More
