Lami Technologies
Latest round
- Seed
Last raised
- Aug 2022
Total raised
- $5.5M
Investors
- 9
About Lami Technologies
Lami Technologies Limited, founded in 2018 in Nairobi, Kenya, operates as a digital insurance platform designed to assist insurance agents and brokers.7 mn.Lami operates as an end-to-end digital insurance platform primarily designed for insurance agents and brokers, facilitating the digitization of their insurance processes. The core offerings include a comprehensive application that allows agents to onboard clients seamlessly, compare quotes from over 30 insurance companies, and manage policies, payments, renewals, and claims in real time. By leveraging a user-friendly interface, Lami aims to enhance the sales experience for agents by providing access to a diverse range of insurance products, such as auto, health, life, and personal accident insurance.Lami's revenue model is structured around transactional fees associated with the insurance products facilitated through its platform. Agents earn commissions that are paid out daily upon completing sales, which incentivizes engagement and productivity within the agent network. The platform supports B2B transactions by connecting agents directly with leading underwriters, allowing them to offer personalized insurance solutions to their clients. Revenue generation is further reinforced through the ability of agents to sell a wide array of insurance products, catering to both individual consumers and businesses seeking tailored insurance coverage. The company plans to expand its operations into new markets, specifically targeting Egypt, Nigeria, and Uganda. The growth strategy includes the development of new insurance products to enhance its service offerings and meet the evolving needs of clients.
Who invested in Lami Technologies
9 investors across 2 rounds
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Questions about Lami Technologies
Who invested in Lami Technologies?
Lami Technologies has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Lami Technologies raised?
Lami Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Lami Technologies last raise money?
Lami Technologies's most recent round on record is a Seed, in Aug 2022.
What does Lami Technologies do?
Lami Technologies Limited, founded in 2018 in Nairobi, Kenya, operates as a digital insurance platform designed to assist insurance agents and brokers.
Where is Lami Technologies headquartered?
Lami Technologies is headquartered in Nairobi, Kenya.
Which VCs invest in companies like Lami Technologies?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back insurance companies at Lami Technologies's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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