Turaco is a micro-insurtech company changing healthcare financing in emerging markets. We provide simple, affordable health and life insurance to low-income earners, distributing our products through partnerships with leading businesses in Kenya and Uganda. Our mission is to act as a safety net, freeing people from the fear of health-related financial shocks.
Location: United States, Georgia, Atlanta
Employees: 51-200
Total raised: $10M
Founded date: 2019
Investors 1
| Date | Name | Website |
| 17.08.2022 | Global Par... | globalpart... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 15.09.2022 | Series A | $10M | - |
Mentions in press and media 9
| Date | Title | Description |
| 05.03.2024 | Can embedded insurance in African lending help close the financial inclusion gap? | Image Source: The Future of Commerce Africa has long grappled with the challenge of financial exclusion, leaving millions marginalised from accessing basic banking and insurance products. 14 million households and individuals are pushed int... |
| 19.09.2023 | Turaco Acquires MicroEnsure Ghana | Turaco, an African tech-enabled affordable insurance company, acquired MicroEnsure Ghana, a microinsurance company, from MIC Global. The amount of the deal was not disclosed. MicroEnsure will rebrand as Turaco Ghana and retain the expertise... |
| 18.10.2022 | 50 African tech founders launch Pando DAO to drive development across Africa | In recent times, the African tech ecosystem has been on a steady upward trajectory. This year, venture funding on the continent is projected to cross the 7 billion mark with almost a thousand deals, establishing the continent as an outlier ... |
| 16.09.2022 | Turaco Secures $10M Series A Round Fundraise | 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 email a link to a friend (Op... |
| 15.09.2022 | 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, whic... |
| 01.03.2022 | INSURTECH DISRUPTOR, TURACO, LAUNCHES NIGERIA EXPANSION THROUGH PARTNERSHIP WITH AXA MANSARD | Turaco, a leading East African insurtech startup, is excited to officially announce its expansion into Nigeria through a corporate partnership with AXA Mansard and Turaco’s Nigerian subsidiary Turaco Inclusive Ltd. Turaco provides a game ch... |
| 18.08.2021 | InsurTech Turaco and M-Kopa increase insurance penetration in Kenya | 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... |
| 12.11.2020 | Kenyan micro-insurtech startup secures $2-million | Turaco, a Kenya-based micro-insurtech startup has secured $2-million in series seed equity investment from Novastar Ventures, Mercy Corps Ventures, Musha Ventures, GAN Ventures, Zephyr Acron, and several angel investors. The investment wil... |
| 12.11.2020 | Kenyan micro-insurtech startup secures $2-million | Turaco, a Kenya-based micro-insurtech startup has secured $2-million in series seed equity investment from Novastar Ventures, Mercy Corps Ventures, Musha Ventures, GAN Ventures, Zephyr Acron, and several angel investors. The investment will... |