What is Pula?
Pula specializes in agricultural data science and insurtech solutions aimed at empowering smallholder farmers, governments, and businesses across Africa and Asia. Their core offerings include Area Yield Index Insurance and Hybrid Livestock Insurance, which are designed to mitigate the risks associated with climate volatility and crop failure. Beyond insurance, the company provides essential data services that enhance agricultural productivity and offer strategic policy guidance to strengthen risk management frameworks. With a footprint spanning 12 countries and a reach impacting over 20 million farmers, Pula is a leader in the intersection of financial inclusion and agricultural technology.
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 Women's World Banking Inc and TLcom Capital LLP
Series B (2024): $20M led by Blue Orchard, International Finance, and Bill & Melinda Gates Foundation
Key Investors in Pula
Blue Orchard
BlueOrchard Finance Ltd is a leader in Global Impact Investing, focusing on empowering individuals and protecting the environment through innovative solutions in over 100 emerging markets.
International Finance Corporation
The International Finance Corporation is a multilateral financial institution dedicated to mobilizing capital and expertise for sustainable private sector development across emerging economies.
Bill & Melinda Gates Foundation
The Bill & Melinda Gates Foundation is a global philanthropic organization focused on supporting individuals experiencing hunger and extreme poverty to lead healthier, more productive lives.
What's next for Pula?
With the infusion of this latest capital, Pula is well-positioned to accelerate its expansion strategy and deepen its technological capabilities. The company is expected to focus on scaling its digital infrastructure to reach more underserved regions, while simultaneously refining its predictive modeling to offer more precise risk assessment tools. As Pula moves into its next phase of growth, the focus will likely shift toward deepening partnerships with local governments and financial institutions to integrate its insurance products into broader agricultural development programs. This strategic scaling will be vital in maintaining its market leadership as the demand for climate-adaptive financial services continues to rise globally.
See full Pula company page
