# Susu

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/susu

- Industry: Insurance
- Headquarters: Lyon, France
- Website: www.susu.fr
- Total disclosed funding: $3.9M
- Latest round: Series A (Oct 19, 2023)
- Investors on record: 8

## About

Founded in 2019 by CTO Laurent Leconte and COO Sandrine Egron, and based in Lyon, France, Susu SAS provides accessible health services and health insurance products for individuals and families in the African diaspora. In March 2022, Susu SAS received EUR 200,000 in grant funding led by new investor Bpifrance.

The products of the company include health insurance, health bouquets, funeral insurance, and diaspora repatriation.

The company generates revenue by selling its health insurance plans. The plans include vita for GBP 30 per month, care for GBP 45 per month, plus GBP 65 per month. The health bouquet plans include prime for GBP 40 per month and mother-child for GBP 15 per month. The funeral insurance and diaspora repatriation are offered at GBP 26 per year and GBP 21 per year respectively. 

The company plans to use the grant funding to hire additional employees, further accelerate company growth, and create products.

## Funding rounds

- Series A, Oct 19, 2023, $3.9M — Plug and Play, Open CNP, Janngo Capital, INCO Venture Capital, Launch Africa Ventures, Five35 Ventures, Al Mada Innovation, Next54

## Investors

- Plug and Play (https://capitalatlas.ai/funds/plug-and-play) — Series A
- Open CNP (https://capitalatlas.ai/funds/open-cnp) — Series A
- Janngo Capital (https://capitalatlas.ai/funds/janngo-capital) — Series A
- INCO Venture Capital (https://capitalatlas.ai/funds/inco-venture-capital) — Series A
- Launch Africa Ventures (https://capitalatlas.ai/funds/launch-africa-ventures) — Series A
- Five35 Ventures (https://capitalatlas.ai/funds/five35-ventures) — Series A
- Al Mada Innovation (https://capitalatlas.ai/funds/al-mada-innovation) — Series A
- Next54 — Series A