Startups
2Bn farmers in the world are dependent on rain for their production. OKO creates solution to bring them security and give them access to financing solutions
Overview
Location
Luxembourg
Employees
1-10
Phone
+223 77 99 80 80
Total raised
$1.71M
Founded date
2017
Investors 3
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| 100 Accelerator | 100accelerator.com | |
| May 1, 2021 | Newfund Management | newfundcap.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Apr 23, 2021 | Funding round | $1.21M |
Mentions in press and media 21
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 11, 2025 | Fourth Visa Africa Fintech Accelerator selected 22 startups | The fourth iteration of the Visa Africa Fintech Accelerator has chosen twenty-two African tech startups. The 12-week intensive Africa Fintech Accelerator program was introduced in 2023 as part of Visa’s commitment to invest US$1 billion in ... |
| Mar 10, 2022 | East Africa can tackle food insecurity via digitalization, but infrastructure needs funding too: report | Nations in East Africa must prioritize technological innovations and digitalization of food systems in order to tackle perennial food insecurity, according to a new report by London-based market insights provider Briter Bridges. The report ... |
| Dec 21, 2021 | OKO Finance is delivering crop insurance to cushion Mali’s farmers from climate change | Simon Schwall has been monitoring Mali’s weather patterns, and he’s worried about the future. Not many entrepreneurs take a bet on the poor, landlocked country in West Africa, but Schwall, co-founder and the CEO of OKO Finance felt compelle... |
| Apr 26, 2021 | Insurtech start-up OKO raises $1.2 million to bring innovative insurance to smallholder farmers across Africa | Share this: Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new... |
| Apr 23, 2021 | Luxembourg-based OKO raises around €1 million to bring innovative insurance to smallholder farmers across Africa | OKO, an insurtech startup that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a seed investment of around €1 million. The round was led by Newfund and ResiliAnce. Mercy Corps Venture, Techstars... |
| Apr 22, 2021 | Ugandan insurtech startup secures $1.2-million | Bamako-based insurtech startup OKO has raised $1.2-million in a seed investment round led by Newfund and ResiliAnce with participation from Mercy Corps Venture, Techstars, ImpactAssets, and RaSa. OKO secures $1.2-million in seed funding Acc... |
| Apr 22, 2021 | Malian Insurtech startup OKO raises $1.2 million | Malian Insurtech startup, OKO has closed a Seed investment of $1.2 million. The funding round was led by Newfund and ResiliAnce, with Mercy Corps Venture, Techstars, ImpactAssets and RaSa also participating. OKO uses satellite information t... |
| Apr 22, 2021 | Ugandan insurtech startup secures $1.2-million | Bamako-based insurtech startup OKO has raised $1.2-million in a seed investment round led by Newfund and ResiliAnce with participation from Mercy Corps Venture, Techstars, ImpactAssets, and RaSa. OKO secures $1.2-million in seed funding A... |
| Dec 23, 2019 | African tech startups netted over $6m in collective prize money in 2019 [List] | African tech startups this year tapped millions of dollars by taking part in and winning startup competitions — at least over $6-million collectively, by Ventureburn’s calculations. The biggest cash prize went to South African insurtech sta... |
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FAQ about OKO
When was OKO founded?
OKO was founded in 2017.
How much funding has OKO raised?
OKO has raised $1.71M in total across 2 funding rounds.
What funding rounds has OKO raised?
Parsers VC lists 2 funding rounds of OKO, among them a funding round of $1.21M on Apr 23, 2021.
Who has invested in OKO?
Parsers VC lists 3 investors of OKO, among them Newfund Management and 100 Accelerator.
What has the press written about OKO?
Parsers VC has collected 21 articles mentioning OKO, among them “Fourth Visa Africa Fintech Accelerator selected 22 startups” (Aug 11, 2025) and “East Africa can tackle food insecurity via digitalization, but infrastructure needs funding too: report” (Mar 10, 2022).
Is OKO still active?
Yes, OKO is active; its latest activity on Parsers VC dates from Aug 12, 2025.