# Curacel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/curacel

- Industry: Healthcare IT
- Headquarters: Newark, US
- Website: www.curacel.co
- Total disclosed funding: $3M
- Latest round: Seed (Feb 14, 2023)
- Investors on record: 8

## About

Curacel Inc. is a US-based company specializing in AI-powered infrastructure solutions for the insurance industry, enabling businesses to protect their assets effectively and manage insurance needs seamlessly.Founded in 2016 in Newark, US, Curacel Inc. delivers innovative insurance solutions, focusing on the needs of small and medium-sized businesses. The company has successfully completed five funding rounds, with the most recent Seed funding of USD 3.000 mn raised on February 14, 2023, led by investors such as Arab Angel Fund, Bluepointe Capital Management, and Tencent Investment. Henry Mascot serves as both the CEO and Founder, contributing his expertise to shape the firm’s strategic direction.Curacel specializes in providing AI-powered infrastructure solutions tailored for the insurance industry, facilitating coverage for small businesses through platforms like Oze. Their products ensure a smooth integration process characterized by rapid response times. Curacel’s offerings cater to a diverse clientele across various sectors, deployed globally to enhance insurance management.Curacel's revenue model is based on B2B interactions within the insurance sector, where businesses access services via subscription plans that deliver tailored insurance solutions. While specific pricing details are not publicly disclosed, the model is structured to facilitate recurring revenue through long-term partnerships, ensuring service delivery and customer retention.In February 2023, Curacel raised USD 3.000 mn in Seed funding, which will be utilized to roll out new technology solutions and expand into North Africa. The company aims to enhance its service offerings and reach new markets, further solidifying its position in the insurance industry.

## Funding rounds

- Seed, Feb 14, 2023, $3M — Tencent Investment, Y Combinator, Bluepointe Capital Management, Elefund, AAF Management, Pioneer Fund, K5 Global, Olive Tree Capital
- Seed, Jan 1, 2022 — Pioneer Fund

## Investors

- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Tencent Investment — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Bluepointe Capital Management — Seed
- Elefund (https://capitalatlas.ai/funds/elefund) — Seed
- AAF Management (https://capitalatlas.ai/funds/aaf-management) — Seed
- K5 Global (https://capitalatlas.ai/funds/k5-global) — Seed
- Olive Tree Capital (https://capitalatlas.ai/funds/olive-tree-capital) — Seed