# Top 50 InsurTech Startup Investors in Africa in October 2023 ## Future Africa - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, FinTech, Information Technology Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach. ## Dr Kiran C Patel - Type: Angel - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Medical, InsurTech Kiran C. Patel is an Indian-American philanthropist, cardiologist and businessman. ## Consonance Investment Managers - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, FinTech We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa. ## Tencent - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 3 - Stages: Series B, Series A, Series C - Focus: Software, Financial Services, E-Commerce Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors. ## Kepple Africa Ventures - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Software Kepple Africa Ventures is an early-stage venture capital firm. ## Richard Aseme - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Angel - Focus: FinTech, Credit, InsurTech Richard Aseme is the VP, International Marketing and Distribution, EMEA at Paramount Pictures. He attended Oxford University (Jesus College) oct 1996 - June 2000. ## Charles Delingpole - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, FinTech, Payments Charles Delingpole is Founder and CEO of ComplyAdvantage, a technology company focused on wiping out financial crime using Machine Learning. As CEO, Charles leads the product development and growth of the company. His passion for the issue came from his time as the MLRO of a previous startup he founded when he realized how inefficient processesaround money laundering are. Charles previously worked at The Student Room as a Founder and CEO. He attended the University of Cambridge and The London School of Economics and Political Science (LSE).Over 99% of money laundering is successful, ComplyAdvantage is working to stop it completely. Founded in 2014 with offices in London, New York, Singapore, and Cluj, ComplyAdvantage work with over 350 firms across 45 countries. Charles set up his first company, The Student Room Group, now the world’s largest student discussion forum when he was 16. After completing his MA in Politics at Trinity College Cambridge, and then an MSc in Management, Strategy, and Finance from the LSE, he became an associate at J.P. Morgan Cazenove. ## Jai Mahtani - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Credit, FinTech, InsurTech Jai Mahtani ## Christian Angermayer - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Financial Services, FinTech, Blockchain Christian Angermayer - Founder & CEO @ Apeiron Investment Group ## Launch Africa - Type: VC Fund - Location: Ebène, Plaines Wilhems, Mauritius - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Information Technology Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa. ## Christian Faes - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Angel - Focus: FinTech, Financial Services, Finance Christian Faes is the co-founder and Exec Chair of LendInvest, which is marketplace platform for property finance, and one of the leading Fintech businesses in the UK. The business has raised well over £1 billion in debt and equity, from institutions such as Atomico, the European Investment Fund, Citibank, HSBC, and the National Australia Bank.Christian comes from a legal background having practised as a real estate lawyer in Australia (Allens Arthur Robinson), and then in the UK with Clifford Chance and Deutsche Bank.  In 2008, Christian co-founded the business with Ian Thomas, initially seeing an opportunity in the short term mortgage market.Christian is a keen advocate for the Fintech sector, and sits on the Government’s Fintech Delivery Panel; and founded and chairs the Digital Finance Forum. He is an active supporter and early investor in several startups, including Seedrs, Crowdcube and Onfido. ## Sudeep Ramnani - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Credit, FinTech, InsurTech Sudeep Ramnani is the Founder and CEO of Sportybet. SportyBet is an international sports betting and real-money gaming operator that delivers an omni-channel entertainment experience in regulated emerging markets (www.sportybet.com). Sudeep is also an investor in fintech and mobile payments and an advocate of the growing African internet ecosystem.Sudeep will be discussing the challenge of changing customer betting patterns alongside other innovative leaders in the sports betting industry. His insights into the industry's toughest topics will be truly beneficial to anyone who attends the Sports Betting West Africa Summit. ## Ventures Platform - Type: VC Fund - Location: Abuja, Federal Capital Territory, Nigeria - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Internet Ventures Platform Fund is a discovery fund that invests early in mission-driven founders that are building capital-efficient platforms that democratise prosperity, plug infrastructural gaps, connect underrepresented communities, solve for non-consumption, and improve livelihoods in Africa. ## Olugbenga Agboola - Type: Angel - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: FinTech, Financial Services, Internet 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. ## Goodwell Investments - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 2 - Stages: Series A, Series B - Focus: FinTech, Financial Services, Software Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing ## Atlantica Ventures - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 2 - Stages: Pre-Seed, Seed, Series A - Focus: Internet, B2B, Health Insurance Are you looking for start-up funding for your business? Get in touch with Atlantica Ventures to get the kick-start your start-up needs. ## Babs Ogundeyi - Type: Angel - Location: Yaba, Lagos, Nigeria - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Finance Cofounder and CEO of Kuda ## BluePointe Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Artificial Intelligence We look for enablers of change that could have a meaningful impact to the Human Experience. ## Caribou Honig - Type: Angel - Location: Richmond, Virginia, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: InsurTech, Insurance, EdTech Caribou Honig enjoys pursuing harebrained ideas and supporting the creation of new businesses. He is Chairman and co-founder of the InsureTech Connect conference, the largest event of its type bringing together entrepreneurs, investors, and innovation executives. He is also co-founder of the HR Transform conference focused on the impact oftechnology on the workplace, and insurAPI.io, a catalog of insurance-related APIs. He previously cofounded QED Investors, a boutique venture capital firm focused on data-driven companies. Caribou and his wife live in Richmond, Virginia with their two children and two occasionally annoying dogs. ## Harlem Capital Partners - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Information Technology, Software, SaaS Harlem Capital is an early-stage venture firm that invests in post-revenue tech-enabled startups, focused on minority and women founders. The firm invests in founders from all backgrounds and is committed to preserving capital for investments in minority and women founders. Their skill sets in finance, media, and entrepreneurship, along with theirexpansive network, allow them to provide the most value-add per invested dollar for early-stage companies. ## E4EAfrica - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Internet, Logistics, E-Commerce E4E (“Entrepreneurs for Entrepreneurs”) specializes in supporting early stage ventures in South Africa from very early stage (pre-series A) to scale up.E4E focus on smart entrepreneurs and business ideas that are great businesses and make a significant contribution to a better (South) Africa. ## Resilience - Type: VC Fund - Location: La Jolla, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Biotechnology, AgTech, InsurTech We're changing the way medicine is made - leveraging innovation to better serve scientific discovery, withstand disruptive events, and reach those in need. ## Leonard Stiegeler - Type: Angel - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Financial Services, FinTech, Credit Leonard Stiegeler is the Founder of Pulse, the leading innovative media company in Africa. He is backing & investing in media-/art-/technology- & -enabled ventures/assets. Some of his interests include Business Insider Africa, Art News Africa and Digital News Africa. Prior, he was the General Manager of Swiss Ringier AfricaAG since 2016 – responsible for buiding up the group's business on the continent. Ringier is today active in 8 countries in Sub-Saharan Africa and through its ROAM-holding leads brands such as Jobberman, Cheki, Private Property, BuyRentKenya, Pigiame, ZoomTanzania, and many more. Prior to his work with Ringier since 2013, Leo helped to establish Rocket Internet and other German investors in Africa. Leo is originally from Germany and has been based in different African countries since 2011. ## 4Di Capital - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Mobile, Financial Services 4Di Capital is a Cape Town-based venture capital fund management firm focused on early-stage technology investments in sub-Saharan Africa. ## Partech - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, E-Commerce, Financial Services Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages. ## Accion Venture Lab - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, FinTech, Finance Accion Venture Lab is an investment initiative that provides startups with seed capital and support. ## Old Mutual Investment Group - Type: VC Fund - Location: Cape Town, NA - South Africa, South Africa - Relevant deals: 1 - Stages: Private Equity, Series A - Focus: Retail, FinTech, Finance As a leading African investment manager, we aim to deliver sustainable long-term returns for clients via our comprehensive range of investment capabilities. ## James Park - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: E-Commerce, Internet, SaaS 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. ## Guillaume Leenhardt - Type: Angel - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Seed - Focus: AgTech, InsurTech, Mobile Payments Guillaume Leenhardt CEO chez Gentle Finance ## Olive Tree Capital - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Seed, Series A, Series C - Focus: Health Care, FinTech, Financial Services Olive Tree Capital started as the foreign investment arm of the single member family office. With a diverse mandate, we are able to seek worthwhile global investment opportunities without asset class restrictions; we seek public market opportunities with discrepancies between market perception and fundamental reality, and we enjoy privatelyinvesting in and collaborating with partners who share our passion, dedication, and clarity. More philosophically, we live by the Golden Rule; thus, we especially love entrepreneurs, artists, and businesses that are positively contributing to humanity in parallel with pursuing profitability. ## Henry Allard - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: AgTech, InsurTech, Mobile Payments Henry Allard CEO of Filhet-Allard Maritime. ## Lionel Dorie - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: AgTech, InsurTech, Mobile Payments Lionel Dorie founding partner of Augusta Energy Group. ## AfricInvest - Type: VC Fund - Location: Tunis, Tunis, Tunisia - Relevant deals: 1 - Stages: Private Equity, Series A - Focus: Manufacturing, Financial Services, FinTech AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare. ## Acasia Ventures - Type: VC Fund - Location: Cairo, Al Qahirah, Egypt - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, E-Commerce Acasia Ventures is a leading venture capital firm that invests in early-stage companies throughout the Middle East and Africa. With a focus on being a first believer in innovation and entrepreneurship, the firm strives to support the growth of the next generation of market leaders through their unique and scalable solutions. Its Tech Fund I iscurrently targeting investments in tech-driven and tech-enabled startups at the pre-Seed to pre-Series A stages. ## Lireas Holdings - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: FinTech, InsurTech, Insurance Lireas Holdings ## Newmont - Type: VC Fund - Location: Denver, Colorado, United States - Relevant deals: 1 - Stages: Pre-Seed - Focus: Apps, FinTech, InsurTech Newmont is the world’s leading gold company and a producer of copper, silver, zinc and lead ## The ASISA ESD Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: FinTech, Internet, InsurTech An Invetsment Fund. ## Blue Point Capital Partners - Type: VC Fund - Location: Charlotte, North Carolina, United States - Relevant deals: 1 - Stages: Private Equity, Seed - Focus: B2C, Retail, FinTech Blue Point is a private equity firm that partners with entrepreneurs and management teams investing in and growing lower middle-market companies. ## Finclusion Group - Type: VC Fund - Location: Republic, Missouri, United States - Relevant deals: 1 - Stages: Seed - Focus: InsurTech, Insurance Enhancing financial inclusion in Sub-Saharan Africa through data driven lending. ## Pioneer Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Health Care, E-Commerce 300+ YC alumni investing in the top YC startups ## AAF Management Ltd. - Type: VC Fund - Location: Arlington, Virginia, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, FinTech, Financial Services Leading early-stage venture capital firm focused on pre-Seed, Seed and Series A stage technology companies in North America. ## Vunani Capital Partners - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: FinTech, Payments, InsurTech Vunani Capital Partners has identified seven investment sectors and will focus on these sectors and with our strategic and management partners grow the investment portfolio looking in particular to extract greater value from our existing assets. As a majority black owned company VCP will also seek opportunities to consolidate BEE investments. ## Mobility 54 - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, Transportation, Information Technology Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO. ## Opeyemi Awoyemi - Type: Angel - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Payments, InsurTech, Insurance 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. ## Elefund - Type: VC Fund - Location: Mountain View, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Financial Services, Software Founded in July 2015, Elefund is a US-based venture capital firm with its headquarters in Mountain View, California. The firm has invested in several well-known companies whose products and services have benefited millions of people all over the world and created thousands of jobs. ## Graph Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, E-Commerce Graph Ventures is an investment group that specializes in seed and early-stage venture investments. It was founded in 2011. Investments include: * BetterUp * Birdies * BlueApron * Dapper Labs * Earnin * Envoy * Hinge * Houseparty * Ipsy * Loft * Lever * Lingokids * Moon Express * Papaya * PicsArt * Porch * Quinto Andar * RideOS * Saildrone *Very Good Security * VivaReal * Zeplin ## Tangerine Life - Type: VC Fund - Location: Lagos, Lagos, Nigeria - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Financial Services, FinTech, Apps Your financial partner and so much more. Free transfers, savings, loans, insurance, pensions and many other things at your finger tips. ## Picus Capital - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, Software Picus Capital is an early-stage technology investment firm with a long-term investment philosophy. We work together with daring technology companies to build successful, global companies challenging the status quo and shaping tomorrow. ## Peter Bruce-Clark - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed - Focus: InsurTech, Financial Services Peter Bruce-Clark - Partner @ Social Impact Capital ## Honey Ogundeyi - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: Bitcoin, FinTech, Ethereum Honey Ogundeyi - Founder and CEO @ Edukoya # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co