Top 5 InsurTech VC (Venture Capital) Funds in Egypt in October 2023

Portfolio highlights

• Khazna — Khazna is an Egyptian company that aims to improve and expand financial services for Egyptians through the mobile application.
• Isupply — Isupply engages in the field of pharma distribution and healthcare.
• Nice Deer — Nice Deer is an Egypt-based InsurTech startup aims to bridge the gap between health care providers, health insurance companies and beneficiaries by facilitating insurance and repayment of insurance claims.

Portfolio highlights

• SATIM — SATIM provides insights based on satellite radar data acquired regardless of weather and day/night time. Using developed software and algorithms SATIM can solve the problem of optimal information extraction from complex SAR imagery.
• Revio — Subscription billing and payments made easy.
• Vera — Vera develops an assessment platform to identify and address risks in artificial intelligence and machine learning models. It engages key stakeholders across teams to create data-driven assessments and use data science tools to investigate AI and ML models, helping organizations navigate through uncertainty and protecting companies and individualsfrom risky artificial intelligence systems.

Portfolio highlights

• Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
• Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
• Fixit45 — Your best ever automobile service experience awaits you.

Portfolio highlights

• Amanleek — All insurance companies in one place - Now you can easily compare and buy health, car, travel and life insurance in Egypt online

Portfolio highlights

• Amanleek — All insurance companies in one place - Now you can easily compare and buy health, car, travel and life insurance in Egypt online
• Mooncard — Mooncard was created with an ambition: to put the new payment technologies at the service of the day-to-day management of all companies to enable them to gain in simplicity, efficiency and therefore profitability. Currently, many purchasing and spending processes remain manual and complex, ranging from routine purchases and expenses to expenseclaims. Businesses of any size, and often the small ones, lose valuable time to make and manage these payments. Mooncard completely transforms this situation by proposing an innovative payment solution, piloted in real time, secure and deployable very easily. Thanks to the most modern technologies (web, big data, IA ...) the payment and management circuit is completely automated.Mooncard supports all companies to enable them to take full advantage of the revolution of means of payment.
• Afrikamart — Afrikamart is a west African distribution platform for fresh produce that offers its marketing services to producers - suppliers - and operates as a digital purchasing center for retailers, hotels and restaurants - customers.We combine extensive use of digital with its experience in the food value chain to: - Facilitate information exchangebetween suppliers and customers (purchase price, sale price, product availability, harvest and purchase forecasts) - Organize end-to-end logistics with a network of transporters - Optimize financial and product flows according to different purchase and payment termsOur team includes experienced technology driven individuals with a strong experience in food commodity trading. Afrikamart brings pragmatic solutions to solve food value chain inefficiencies in West Africa while empowering hundreds of underprivileged women and young people with economic opportunities.