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Top 15 InsurTech Angel Investors in Nigeria in October 2023

A list of 15 angel investors that invest in Insurtech startups based in Nigeria. We rank investors based on the number of investments they made in Insurtech companies from Nigeria. We update this investor list every month.

Top 15 InsurTech Angel Investors in Nigeria in October 2023

Investor InsurTech Nigeria investments
Olugbenga Agboola 2
Babs Ogundeyi 2
Olugbenga Agboola 2
Chris Adelsbach 1
Shola Akinlade 1
Musty Mustapha 1
Dale Mathias 1
Brandon Krieg 1
Oliver Jung 1
Ed Robinson 1
Tom Blomfield 1
Opeyemi Awoyemi 1
Kyle Daley 1
Honey Ogundeyi 1
James Park 1

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Investor list
Olugbenga Agboola
Angel · 1 investment in the past 12 months

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

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Investment focus

  • FinTech, Financial Services, Internet
  • Pre-Seed, Seed
  • Nigeria, Kenya, United States

Portfolio highlights

  • tushop — Enabling communities to reduce the cost of living together
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Babs Ogundeyi
Angel · Yaba, Lagos, Nigeria · 1 investment in the past 12 months

Cofounder and CEO of Kuda

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Pre-Seed, Funding Round
  • Nigeria, Zambia, Pakistan

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • 24seven.pk — 24seven.pk is using tech and data to digitize and disrupt the fresh food and FMCG verticals in one of the fastest-growing and rapidly evolving consumer markets in the world.
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Olugbenga Agboola
Angel · 1 investment in the past 12 months

Olugbenga Agboola is the Co-Founder and CEO of Flutterwave. He previously worked at Africa Fintech Foundry as a Senior Entrepreneur In Residence. Olugbenga Agboola attended MIT Sloan School of Management.

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Investment focus

  • FinTech, Financial Services, Internet
  • Pre-Seed, Seed
  • Nigeria, Kenya, United States

Portfolio highlights

  • tushop — Enabling communities to reduce the cost of living together
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Chris Adelsbach
Angel · London, England, United Kingdom · 12 investments in the past 12 months

Chris Adelsbach - Founding Partner @ Outrun Ventures

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Pre-Seed, Series A
  • United Kingdom, United States, Ireland

Portfolio highlights

  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Kavida.ai — Kavida helps procurement managers ensure on time deliveries and improve supplier collaboration.
  • Renew Risk — Renew Risk is a software development firm that offers B2B SaaS solutions based on deep science for optimizing the financial lifetime of major renewable energy assets.
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Shola Akinlade
Angel · San Francisco, California, United States

Shola Akinlade is the Co-founder and CEO at Paystack.

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Investment focus

  • FinTech, Education, InsurTech
  • Pre-Seed, Seed
  • Nigeria, Kenya, Rwanda

Portfolio highlights

  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Earnipay — Earnipay empowers businesses to overcome their finance and people operations challenges and improve their employees' financial wellness
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Musty Mustapha
Angel

Musty Mustapha - Co-Founder and CTO @ Kuda

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Investment focus

  • Education, InsurTech, Insurance
  • Pre-Seed
  • Nigeria

Portfolio highlights

  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Edukoya — Edukoya builds online education content and offers online tutoring for students and their parents.
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Dale Mathias
Angel

Dale Mathias

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Investment focus

  • FinTech, Finance, Internet
  • Pre-Seed, Series A
  • Nigeria, The Netherlands

Portfolio highlights

  • Kosa — Kosa enables organizations across healthcare, hiring and HR, credit and risk, and insurance to build or deploy more inclusive technologies.
  • Octamile — Octamile is Africa's best Embedded Insurance & Claims Automation solution for Insurers & B2C businesses. Get a quote today...
  • Paystack — Over 60,000 businesses of all sizes use Paystack to collect payments with a modern, secure payment gateway.
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Brandon Krieg
Angel · New York, New York, United States

Brandon Krieg is the Co-Founder of Collective Returns, Inc. and has been its Chief Executive Officer since July 11, 2016. Brandon Krieg served as the President of Collective Returns, Inc. until July 11, 2016 and serves as its Executive Director.

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Investment focus

  • InsurTech, Insurance, Banking
  • Pre-Seed, Seed, Series B
  • Nigeria, United States

Portfolio highlights

  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Edukoya — Edukoya builds online education content and offers online tutoring for students and their parents.
  • Jerry — Jerry is an AI, ML, and bot-powered car ownership app that saves customers time and money on car expenses. With its first product, Jerry redesigned and disrupted the century-old car insurance process, turning stacks of pages and hours of calls into a handful of clicks. The company was founded in 2017 and is based in Palo Alto, California.
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Oliver Jung
Angel · London, England, United Kingdom

Oliver is a global investor and entrepreneur based in Tel Aviv. Oliver is investing in US and China based companies and helps them to go international. Previous projects include airbnb, houzz and hoteltonight.

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Investment focus

  • E-Commerce, FinTech, Internet
  • Seed, Series A, Series B
  • United States, Germany, India

Portfolio highlights

  • Repool — Repool makes it easy to create and manage hedge funds. Save time, delight investors, and focus on what matters.
  • Peakflo — Peakflo offers efficient account payable software, account receivable software, and cashflow management software to streamline your accounting automation. Get Free Trial Now!
  • Pillar Financial Technologies — All-in-one Financial Platform for Small Businesses
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Ed Robinson
Angel · New York, New York, United States

Ed Robison is a Co-Founder of Stash. He attended the University of Sydney from 2002 to 2004.

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Investment focus

  • InsurTech, Insurance, Banking
  • Pre-Seed, Seed, Series B
  • Nigeria, United States

Portfolio highlights

  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Edukoya — Edukoya builds online education content and offers online tutoring for students and their parents.
  • Jerry — Jerry is an AI, ML, and bot-powered car ownership app that saves customers time and money on car expenses. With its first product, Jerry redesigned and disrupted the century-old car insurance process, turning stacks of pages and hours of calls into a handful of clicks. The company was founded in 2017 and is based in Palo Alto, California.
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Tom Blomfield
Angel · London, England, United Kingdom · 9 investments in the past 12 months

Tom Blomfield is the CEO of Monzo, a new kind of bank, designed for smartphones. Tom previously founded GoCardless, a fintech startup that has gone on to raise $25m. In 2013, he was nominated as one of the Top 5 Entrepreneurs Under 30 by the European Commission. He gives talks regularly about the future of banking and fintech.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Pre-Seed, Series A
  • United Kingdom, United States, Kenya

Portfolio highlights

  • Fertifa — Fertifa is an innovative employer benefit solution making fertility care more accessible and affordable.The company works with employers to offer a valuable employee benefit which bridges the gap between an employer and their employees when dealing with the sensitivity and privacy of employees’ reproductive issues. It also offers guidance andadvice, next-generation fertility treatment, and access to a range of holistic services for the best chance of success. The company was founded in 2019 and based in London, United Kingdom.
  • 1Bstories — Helping publishers and brands increase engagement and conversions using AI. Mobile, vertical, 60 second video formats made in an instant. Tell your story today!
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
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Opeyemi Awoyemi
Angel · Lagos, Lagos, Nigeria

Opeyemi Awoyemi is the Co-Founder at Moneymie. Opeyemi previously worked at Indeed.com as a Senior Technical Product Manager. He attended Obafemi Awolowo University.

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Investment focus

  • Payments, InsurTech, Insurance
  • Pre-Seed, Seed
  • Nigeria, United States

Portfolio highlights

  • Klump — Use Klump to buy today, and pay in 4 equal instalments over 3 months! Businesses accept payments and increase conversion rate and revenue. The Easy Life! Try it now.
  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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Kyle Daley
Angel · San Francisco, California, United States

Kyle Daley - Product and Founding Team Member @ Chime

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Investment focus

  • Payments, InsurTech, Insurance
  • Seed, Pre-Seed
  • Canada, Nigeria

Portfolio highlights

  • Octamile — Octamile is Africa's best Embedded Insurance & Claims Automation solution for Insurers & B2C businesses. Get a quote today...
  • Sleek — Sleek is a FREE browser extension that offers seamless checkout from every store on the internet AND gives you up to 25% cash back when shopping online.
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Honey Ogundeyi
Angel

Honey Ogundeyi - Founder and CEO @ Edukoya

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Investment focus

  • Bitcoin, FinTech, Ethereum
  • Pre-Seed
  • Nigeria, United States

Portfolio highlights

  • Casava — Casava is a financial services company that offers insurance and life microinsurance. Casava uses technology to provide world-class, trusted, and affordable insurance to everyone.
  • Bitmama — Bitmama is the best cryptocurrency trading platform that lets you buy, sell Bitcoin, ETH, Celo, USDT, XRP, and more. Available in Nigeria & over 100 countries.
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James Park
Angel · San Francisco, California, United States · 2 investments in the past 12 months

James is our Co-founder and has served as our Chairman since May 2015, as a member of our board of directors since March 2007, and as our President and CEO since September 2007. Previously, James served as a Director of Product Development at CNET Networks, as the President and a Co-founder of Wind-Up Labs, Inc. (an online photo-sharing companyacquired by CNET Networks in April 2005). He was also CTO and Co-Founder of Epesi Technologies, Inc., a software company. James attended Harvard College where he studied Computer Science. He was selected to serve as a member of our board of directors due to the perspective and experience he brings as our Co-Founder, President, and CEO.

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Investment focus

  • E-Commerce, Internet, SaaS
  • Seed, Funding Round, Pre-Seed
  • United States, United Kingdom, Chile

Portfolio highlights

  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • HoyTrabajas — We are a C.Vs information exchange platform for candidates, employers, and recruiters, that get people access to low-skilled jobs in the Latin-American markets, enables recruiters to share job-seekers and job openings in real-time, and supports SMEs in the recruiting of their low-skilled jobs.
  • Positive Food Co. — Delicious, fresh food
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