Investor Lists

Insurtech investors in Africa

Updated 7 November 2026

Firms observed backing an insurtech company in Africa in the last two years, wherever the firm is based.

20investors on the listNo change this week
1,381cheques in 12 months-25% against the market
$7Mmedian round they joined-12% against the market median
65%wrote a cheque in 12 months
60%have led a round

The Top 20

Ordered by cheques observed, never by anything anyone paid for

Deploying now (13)

  1. 1Y CombinatorDeploying nowAccelerator · United States6,412$3Mmedian roundOct 2026last seen
  2. 2TechstarsDeploying nowVC firm · United States2,989$1.2Mmedian roundNov 2026last seen
  3. 3Liquid 2 VenturesDeploying nowVC firm · United States636$7Mmedian roundOct 2026last seen
  4. 4Global Founders CapitalDeploying nowVC firm · Germany461$7Mmedian roundOct 2026last seen
  5. 5International Finance CorporationDeploying nowGovernment · United States283$39Mmedian roundOct 2026last seen
  6. 6Costanoa VenturesDeploying nowVC firm · United States154$12Mmedian roundSept 2026last seen
  7. 7Newfund CapitalDeploying nowVC firm · France144$3.4Mmedian roundSept 2026last seen
  8. 8Catalyst FundDeploying nowGrowth equity · United States96$3Mmedian roundOct 2026last seen
  9. 9NaspersquietVC firm · South Africa66$48Mmedian roundJan 2025last seen
  10. 10216 CapitalDeploying nowVC firm · Tunisia7$3.5Mmedian roundJun 2026last seen
  11. 11KFW DEGDeploying nowGovernment · Germany7$38Mmedian roundOct 2026last seen
  12. 12HAVAÍCDeploying nowVC firm · South Africa5$1.8Mmedian roundFeb 2026last seen
  13. 13Hollard InsurancequietCorporate VC · South Africa2$20Mmedian roundJan 2025last seen
  14. 14Iain WilliamsonDeploying nowVC firm2$8.4Mmedian roundAug 2026last seen
  15. 15BlueOrchardquietGrowth equity · Netherlands1$38Mmedian roundJan 2025last seen
  16. 16EXEO CapitalDeploying nowPrivate equity · South Africa1-median roundDec 2025last seen
  17. 17BioProtection SAquietVC firm1$3Mmedian roundOct 2025last seen
  18. 18European Bank for Reconstruction and Development Venture Capital arm (EBRD)quietVC firm1$2.3Mmedian roundNov 2024last seen
  19. 19UGFS North AfricaquietVC firm1$3Mmedian roundOct 2025last seen
  20. 20YellowwoodsquietGrowth equity1$38Mmedian roundJan 2025last seen

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Quick answers about insurtech investors in Africa

Who are the most active insurtech investors in Africa?

By cheques observed, the most active are Y Combinator, Techstars, Liquid 2 Ventures, Global Founders Capital and International Finance Corporation.

How many insurtech investors in Africa are there?

20 are on record. 65% made an investment in the last 12 months and 60% have led a round.

Which stages do insurtech investors in Africa back?

Of the rounds with a named stage in the last 12 months, mostly Pre-seed (29%) and Seed (24%).

How big are the rounds insurtech investors in Africa join?

The typical (median) round among the leading investors here is $7M.

Which sectors do insurtech investors in Africa back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

Which insurtech investors in Africa lead the most rounds?

Costanoa Ventures (13 led), International Finance Corporation (12 led) and Y Combinator (11 led).

Where are insurtech investors in Africa based?

Among the most active, most are based in the United States (6), South Africa (4) and Germany (2).

What have insurtech investors in Africa invested in recently?

Recent rounds include Lazarus AI (Nov 2026, with Techstars), Neuron Industries (Seed, Oct 2026, with Y Combinator) and Reflex (Series A, Oct 2026, with Y Combinator).

Built from the rounds we watched, refreshed every night. How we count · Report a correction