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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.
Overview
Location
United States, Georgia, Atlanta
Employees
51-200
Total raised
$10M
Founded date
2019
Investors 2
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 17, 2022 | Global Partnerships | globalpartnerships.org |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 12
| Date | Title | Description |
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| Mar 19, 2025 | Bridging the Insurance Gap: How Turaco and M-KOPA are Transforming Healthcare Access in Kenya | In the heart of Kenya, a revolution is brewing. It’s not a political upheaval or a technological marvel. It’s a partnership that aims to change lives—one smartphone at a time. Turaco, a pioneering insurtech company, has joined forces with M... |
| Mar 18, 2025 | Turaco’s bet on M-KOPA’s smartphones expands insurance reach to over 1 million customers | Turaco, a Kenyan insurtech company, has spent six years disrupting the underpenetrated insurance market with less than $2 premiums. However, its latest partnership with M-KOPA–a pay-as-you-go financing startup–marks its biggest move yet. By... |
| Mar 5, 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... |
| Sep 19, 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... |
| Oct 18, 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 ... |
| Sep 16, 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... |
| Sep 15, 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... |
| Mar 1, 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... |
| Aug 18, 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... |
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FAQ about Turaco
When was Turaco founded?
Turaco was founded in 2019.
How much funding has Turaco raised?
Turaco has raised $10M in total across 1 funding round.
Who has invested in Turaco?
Parsers VC lists 2 investors of Turaco, among them Global Partnerships.
What has the press written about Turaco?
Parsers VC has collected 12 articles mentioning Turaco, among them “Bridging the Insurance Gap: How Turaco and M-KOPA are Transforming Healthcare Access in Kenya” (Mar 19, 2025) and “Turaco’s bet on M-KOPA’s smartphones expands insurance reach to over 1 million customers” (Mar 18, 2025).
Is Turaco still active?
Yes, Turaco is active; its latest activity on Parsers VC dates from Apr 13, 2026.