What is Pula?
Pula specializes in providing innovative insurtech and data science solutions tailored for the agricultural sector. Their core offerings, including Area Yield Index Insurance and Hybrid Livestock Insurance, are designed to enhance agricultural resilience and productivity for smallholder farmers, governments, and businesses. Beyond insurance products, Pula also offers strategic policy advice and regulatory guidance, aiming to strengthen agricultural risk management and promote financial inclusion. Operating in 12 countries and impacting over 20 million farmers, Pula demonstrates a strong commitment to local partnerships and scalable innovation in its mission to transform agriculture.
How much funding has Pula raised?
Pula has raised a total of $26M across 2 funding rounds:
Series A
$6M
Series B
$20M
Series A (2021): $6M with participation from TLcom Capital LLP and Women's World Banking Inc
Series B (2024): $20M led by International Finance, Bill & Melinda Gates Foundation, and Blue Orchard
Key Investors in Pula
International Finance
International Finance Corporation is a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable development across emerging markets, providing financial solutions and advisory services to support private sector growth.
Bill & Melinda Gates Foundation
The Bill & Melinda Gates Foundation focuses on supporting individuals experiencing hunger and extreme poverty in leading healthier lives, investing in global health and development initiatives.
Blue Orchard
BlueOrchard Finance Ltd is a leader in Global Impact Investing, empowering individuals and protecting the environment through innovative solutions in emerging and frontier markets.
What's next for Pula?
The recent major strategic investment of $20M positions Pula for accelerated expansion and further development of its data-driven agricultural solutions. As a company that has achieved Series B funding, Pula is likely focused on scaling its operations, enhancing its technological capabilities, and broadening its market reach. This capital infusion will enable Pula to deepen its impact on smallholder farmers, strengthen its policy advisory services, and potentially explore new markets or product lines. The strategic nature of this investment suggests a focus on synergistic growth and long-term value creation within the agricultural and insurtech ecosystems.
See full Pula company page
