What is Ibisa Network?
Founded in 2019 and headquartered in Luxembourg, IBISA is at the forefront of climate insurance innovation. The company leverages a sophisticated combination of high technology, including satellite data, blockchain, and actuarial technology, to deliver its Insurance as a Service platform with an emphasis on simplicity and efficiency. IBISA's mission is to de-risk farmers, having already established operations in India, the Philippines, and Niger by partnering with insurers, mutuals, and global agriculture players. This strategic approach aims to enhance agricultural resilience in the face of climate change.
How much funding has Ibisa Network raised?
Ibisa Network has raised a total of $4.7M across 2 funding rounds:
Angel/Seed
$1.7M
Other Financing Round
$3M
Angel/Seed (2021): $1.7M with participation from Rockstart and Insurtech Gateway
Other Financing Round (2024): $3M led by Acumen Resilient Agriculture Fund
Key Investors in Ibisa Network
Acumen Resilient Agriculture Fund
The Acumen Resilient Agriculture Fund is an impact-focused fund dedicated to enhancing climate resilience for smallholder farmers through early and growth-stage agribusiness investments in Africa. It aims to increase farmer yields and incomes by backing scalable enterprises.
Rockstart
Rockstart is an early-stage investor that empowers purpose-driven founders in Energy, AgriFood, and Emerging Technologies, providing tailored support and market introductions to accelerate startup growth.
Insurtech Gateway
Insurtech Gateway is a specialist incubator that invests early in mission-driven insurtech founders globally, facilitating authorization, underwriting capacity, and investment capital to foster innovative insurance solutions.
What's next for Ibisa Network?
The recent major strategic investment signals Ibisa Network's readiness for accelerated scaling and market expansion. With enterprise-level backing, the company is poised to further develop its technological infrastructure and broaden its reach within the climate insurance sector. Future initiatives will likely focus on enhancing its Insurance as a Service offerings, forging new partnerships with agricultural stakeholders, and solidifying its position as a leader in climate-resilient financial solutions for farmers globally. This capital injection is expected to fuel innovation and operational enhancements, driving Ibisa Network's growth trajectory.
See full Ibisa Network company page
