Digitech Africa
Latest round
- Seed
Last raised
- Dec 2020
Total raised
- Undisclosed
Investors
- 1
About Digitech Africa
Digitech Africa Ltd. is a technology company specializing in digital insurance solutions tailored for mobile phone subscribers across Africa.Founded in 2016 and headquartered in Abidjan, Ivory Coast, Digitech Africa Ltd. operates a digital insurance platform. The company has processed over 7 million insurance policies and achieved high client satisfaction.Digitech Africa Ltd specializes in providing a comprehensive digital insurance platform known as MULTIVERSE®. This platform is designed to facilitate the delivery of insurance services to mobile phone subscribers across Africa, regardless of their internet access. MULTIVERSE® encompasses a wide array of functionalities, including the subscription to life and non-life insurance products, electronic management of policies, premium collection, and multi-level claims management. Additionally, the platform harnesses artificial intelligence to optimize customer management through conversational robots, enhancing engagement with clients. Digitech caters primarily to insurance companies and government institutions, enabling them to develop unique insurance products and improve operational efficiency.Digitech Africa Ltd generates revenue primarily through its digital insurance solutions, which involve subscription-based models for their core offerings, particularly the MULTIVERSE® platform. Clients, including insurance companies and governmental organizations, engage with Digitech to subscribe to various services, which may include tailored insurance products or access to advanced technology features such as the electronic signature for policy authentication. The pricing structure is reflective of the service scope, where clients pay for access to the platform's comprehensive capabilities, including claims management and premium collection.In December 2020, Digitech Africa Ltd. The company plans to expand its MULTIVERSE® platform by introducing new features and functionalities aimed at enhancing user experience and engagement. Additionally, Digitech intends to target further expansion into new markets within Africa to increase its market presence.
Who invested in Digitech Africa
1 investor across 1 round
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Funding rounds
Seed
Dec 17, 2020
Amount
Undisclosed
Investors
Questions about Digitech Africa
Who invested in Digitech Africa?
Digitech Africa has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Digitech Africa raised?
Digitech Africa has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Digitech Africa last raise money?
Digitech Africa's most recent round on record is a Seed, in Dec 2020.
What does Digitech Africa do?
Digitech Africa is a software company.
Where is Digitech Africa headquartered?
Digitech Africa is headquartered in Abidjan, Ivory Coast.
Which VCs invest in companies like Digitech Africa?
Among active investors with capital left to deploy, WestBridge Capital Partners, Ventures Platform, Norrsken22 and 4DX Ventures back software companies at Digitech Africa's stage. Their profiles are linked below.
VCs backing software startups at Seed
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