Inclusivity Solutions Pty.

Financial ServicesSeries ACape Town, South Africainclusivitysolutions.com

Latest round

Series A

Last raised

Oct 2023

Total raised

$4.4M

Investors

4

About Inclusivity Solutions Pty.

Inclusivity Solutions is dedicated to providing embedded insurance services to emerging African markets. Founded in 2015 in Cape Town, South Africa, the company has completed a total of 4 deals to date.Inclusivity Solutions specializes in providing embedded insurance solutions tailored for emerging African consumers. Their core product, the ASPin digital insurance platform, leverages Open APIs for seamless integration of insurance into the offerings of banks, insurers, microfinance institutions (MFIs), telecommunications companies, and fintech partners. The ASPin platform streamlines the insurance process, including sales, policy administration, premium collection, and claims management, primarily serving consumers in nine African countries: Botswana, Côte d'Ivoire, Ghana, Kenya, Malawi, Rwanda, South Africa, Uganda, and Zambia.Inclusivity Solutions generates revenue through partnerships and the implementation of their ASPin platform across various financial and insurance entities. Operating on a B2B2C model, they collaborate with banks, insurers, and fintech firms, enabling those partners to offer insurance products to their customer bases. Revenue generation occurs through structured partnership agreements, service fees, or transaction-based commissions related to the integrated insurance products.In October 2023, Inclusivity Solutions Pty. The funds will be utilized for growth and expansion initiatives. The company aims to enhance its product offerings and is exploring potential new markets across Africa to widen its reach. Specific regions and release dates for upcoming products have yet to be detailed, but the focus will remain on increasing access to their insurance solutions in the targeted markets.

Who invested in Inclusivity Solutions Pty.

4 investors across 3 rounds

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Funding rounds

  1. Series A

    Oct 30, 2023

    Amount

    $1.5M

    Investors

    Locked

  2. Series A

    May 27, 2020

    Amount

    $1.3M

    Investors

    Locked

  3. Series A

    Apr 1, 2019

    Amount

    $1.6M

    Investors

    Locked

Questions about Inclusivity Solutions Pty.

Who invested in Inclusivity Solutions Pty.?

Inclusivity Solutions Pty. has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Inclusivity Solutions Pty. raised?

Inclusivity Solutions Pty. has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Inclusivity Solutions Pty. last raise money?

Inclusivity Solutions Pty.'s most recent round on record is a Series A, in Oct 2023.

What does Inclusivity Solutions Pty. do?

Inclusivity Solutions is dedicated to providing embedded insurance services to emerging African markets.

Where is Inclusivity Solutions Pty. headquartered?

Inclusivity Solutions Pty. is headquartered in Cape Town, South Africa.

Which VCs invest in companies like Inclusivity Solutions Pty.?

Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Inclusivity Solutions Pty.'s stage. Their profiles are linked below.

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