Turaco

Traditional insurers are missing an opportunity by failing to reach low-income earners.

Launch date

2018

Employees

Market cap

Enterprise valuation

Madi-Okollo Northern Region (HQ)

http://myturaco.com

https://twitter.com/turaco_insure https://www.facebook.com/turaco.insure https://www.linkedin.com/company/33254724 https://play.google.com/store/apps/details?id=ke.co.webwire.turaco

Revenues, earnings & profits over time

USD	2019	2020	2021	2023
Revenues	1.4m	4.1m	4.4m	12.3m
% growth	-	195 %	7 %	-

Date	Investors	Amount	Round
-	BFA Global Praxis Global Partnerships/Eleos Social Venture Fund Catalyst Fund	N/A	-
Jun 2019	N/A	$60.0k	Early VC
Dec 2019	GAN Ventures Musha Ventures	$1.2m	Seed
Nov 2020	Musha Ventures Novastar Ventures Zephyr PeaCock Mercy Corps	$2.0m	Seed
Sep 2022*	Novastar Ventures AfricInvest	$10.0m	Series A
Total Funding		CAD18.1m