Nigeria · Insurance startup

MyCoverai (Techstars '22)

MyCover.ai is a Lagos-based InsurTech company that provides digital infrastructure for embedded insurance.

Funding reportedLast round: Pre-seed

InsuranceLekki, Nigeria

About MyCoverai (Techstars '22)

MyCover.ai is a Lagos-based InsurTech company that provides digital infrastructure for embedded insurance.

It partners with licensed Nigerian insurers to co-create innovative insurance products, enabling distributors to offer insurance alongside their services. The company focuses on making insurance affordable, transparent, and accessible to Africans through advanced technology. MyCover.ai offers an embedded insurance infrastructure that allows businesses to integrate insurance products directly into their customer journeys. Its open insurance API facilitates seamless integration of insurance capabilities for third-party distributors and startups. The company also supports InsurTech startups by providing specialized tools and infrastructure to help them build and scale their own embedded insurance offerings. MyCover.ai serves a range of clients, including digital platforms, fintechs, and licensed insurance companies in Nigeria, positioning itself as a digital backbone for embedded insurance in Africa.

What company datasets say MyCoverai (Techstars '22) raised

Funding, as reported

Reported in all1.3Min the source's currency
Rounds2
Last roundPre-seed
Last round size1.3M
Last round dateJul 2023
Investors listed4

On a portfolio page

Investors who name them

Each firm lists MyCoverai (Techstars '22) on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

digital insurance solutionsinsurtechinsurance integration platforminformation technology & servicesfinancial servicesseamless insurancedigital insurancedigital insurance infrastructureapi integrationembedded insurance saasinsurance process automationworkflow automationembedded insurancefintechsaasservices

Built with from their website

Tailwind CSSGoogle WorkspaceCloudFlareViewport MetaAIGoogle MeetCloudFlare CDNGoogle Font APICloudflare InsightsNuxtjs

+8 more

Mobile FriendlyOpen GraphBrevoRadix UINuxt UITailwindmailersendCloudflare DNS

Sector
Insurance
Industry code
NAICS 51321, 52429, SIC 7375
Region
Lagos
Revenue
1M a year, as listed
Full record
Every detail in the company directory

Insurance in Nigeria

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