# OKO Finance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oko-finance

- Industry: Insurance
- Headquarters: Luxembourg, Luxembourg
- Website: www.oko.finance/
- Total disclosed funding: $1.7M
- Latest round: Seed (Jun 29, 2022)
- Investors on record: 7

## About

OKO Finance Limited, based in Luxembourg, operates in the agricultural insurance sector, focusing on providing parametric climate insurance products to farmers in Sub-Saharan Africa.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. Led by CEO Simon Schwall, the company has successfully executed three deals, with the most recent funding round being a Seed round in June 2022, raising USD 500,000 from Katapult Accelerator and individual investors. The firm is headquartered in Luxembourg, Luxembourg.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. The company serves a diverse client base that includes individual farmers, financial institutions, NGOs, and agro-industries, with a focus on improving agricultural supply chains and enhancing food security.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. In September 2025, OKO Finance Limited raised an undisclosed amount of venture funding led by new investor Catalyst Fund. Other unspecified investors also participated in the round. The company will use the September 2025 funding to expand its insurance services for farmers and improve climate risk tools in Africa.

## Funding rounds

- Seed, Jun 29, 2022, $0.5M — Katapult
- Seed, Apr 21, 2021, $1.2M — Newfund, Techstars, ImpactAssets, RaSa Future Fund, Mercy Corps Ventures, Resiliance

## Investors

- Newfund (https://capitalatlas.ai/funds/newfund) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- ImpactAssets — Seed
- RaSa Future Fund (https://capitalatlas.ai/funds/rasa-future-fund) — Seed
- Mercy Corps Ventures (https://capitalatlas.ai/funds/mercy-corps-ventures) — Seed
- Resiliance (https://capitalatlas.ai/funds/resiliance) — Seed
- Katapult (https://capitalatlas.ai/funds/katapult) — Seed