OKO Finance
Latest round
- Seed
Last raised
- Jun 2022
Total raised
- $1.7M
Investors
- 7
About OKO Finance
Founded in 2017, OKO Finance Limited is dedicated to offering innovative insurance solutions that cater specifically to the needs of farmers in Sub-Saharan Africa.OKO Finance specializes in providing parametric climate insurance products tailored for farmers in Sub-Saharan Africa, specifically in markets such as Mali, Uganda, and Côte d’Ivoire. Their core offering is crop-specific insurance designed to mitigate the financial risks associated with unpredictable weather conditions impacting agricultural livelihoods. These products utilize digital finance solutions and mobile technologies to ensure accessibility for farmers, enabling automated compensation processes directly linked to weather events.OKO Finance generates revenue primarily through its insurance products, which are structured to cater to both individual farmers and corporate clients. Transactions occur through direct-to-consumer sales, where farmers can subscribe to insurance policies via mobile apps and web platforms, allowing for ease of access and management. The company employs a pricing model based on the specific insurance products offered, which are designed to meet the varied needs of its users. By automating claim validation and payment processes through their proprietary platform, OKO Finance ensures a streamlined customer experience, fostering trust and reliability among its client base. These structured transactions are indicative of a B2B model complemented by partnerships with other stakeholders in the agricultural sector, enhancing their market presence and operational efficiency.
Who invested in OKO Finance
7 investors across 2 rounds
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Questions about OKO Finance
Who invested in OKO Finance?
OKO Finance has 7 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 OKO Finance raised?
OKO Finance has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did OKO Finance last raise money?
OKO Finance's most recent round on record is a Seed, in Jun 2022.
What does OKO Finance do?
Founded in 2017, OKO Finance Limited is dedicated to offering innovative insurance solutions that cater specifically to the needs of farmers in Sub-Saharan Africa.
Where is OKO Finance headquartered?
OKO Finance is headquartered in Luxembourg, Luxembourg.
Which VCs invest in companies like OKO Finance?
Among active investors with capital left to deploy, Mundi Ventures, Apis Partners, 7RIDGE and Mouro Capital back insurance companies at OKO Finance's stage. Their profiles are linked below.
VCs backing insurance startups at Seed
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