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Top 10 InsurTech VC Funds & Investors in Kenya (May 2026)

The most active venture capital funds investing in Kenya InsurTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Kenya InsurTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
Continent Venture Partners
VC Fund
1 Nigeria, Kenya, United States Seed, Pre-Seed Supply Chain Management, Financial Services, Transportation
TrustGro
VC Fund
1 Kenya Seed InsurTech, Insurance
P1 Ventures
VC Fund
1 Egypt, Kenya, Nigeria Seed, Series B, Pre-Seed Financial Services, Payments, FinTech $350k–$3.5M
Acuity Ventures
VC Fund
1 Nigeria, Togo, Egypt Seed, Pre-Seed FinTech, Information Technology, Financial Services $725k–$1M
AAIC Ventures
VC Fund
1 Egypt, Kenya, Hong Kong Seed, Series A AgTech, Drones, Medical
Consonance Investment Managers
VC Fund
1 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$2.5M
Finclusion Group
VC Fund
1 Kenya Seed InsurTech, Insurance
Accion Venture Lab
VC Fund
1 United States, India, Brazil Seed, Series A Financial Services, FinTech, Finance $500k–$7.5M
Harlem Capital Partners
VC Fund
1 United States, Kenya, Peru Seed, Series A, Pre-Seed Information Technology, Software, SaaS $750k–$11M
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Investor list

Future Africa
VC Fund · San Francisco, California, United States · 2 investments in Kenya InsurTech startups, 10 in the past 12 months

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.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 80
  • Round size: Seed $500k–$3.7M; Pre-Seed $40k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
  • Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
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Continent Venture Partners
VC Fund · 1 investments in Kenya InsurTech startups

Continent Venture Partners operates as a venture capital firm.

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Investment focus

  • Industry: Supply Chain Management, Financial Services, Transportation
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, United States

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • MVX — MVX is a freight forwarding business and logistics platform that offers freight financing, tracking, and shipping services to help trade.
  • MoneyHash — MoneyHash provides access to payment and fintech services across the Middle East & Africa with one simple integration.
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
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TrustGro
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Kenya InsurTech startups

TrustGro is a non-deposit taking microfinance company incorporated in Kenya. We provide government payroll loans, private company payroll loans, vehicle logbook loans, asset finance loans and salary advance loans.

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Investment focus

  • Industry: InsurTech, Insurance
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • mTek — Manage your insurance digitally by purchasing affordable covers online, comparing quotes from your favorite insurers and settling claims through mTek
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P1 Ventures
VC Fund · San Francisco, California, United States · 1 investments in Kenya InsurTech startups, 11 in the past 12 months

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

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Investment focus

  • Industry: Financial Services, Payments, FinTech
  • Stage:Seed, Series B, Pre-Seed
  • Geography: Egypt, Kenya, Nigeria

Investor stats

  • Total investments: 32
  • Round size: Seed $350k–$3.5M; Pre-Seed $575k–$2M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Nkoloso — Nkoloso is a company that uses advanced AI and robotics for agriculture, forestry, and infrastructure industries.
  • Kotani Pay — Kotani Pay is a technology stack that enables blockchain protocols, dapps, and blockchain fintech companies to integrate seamlessly to local payment channels providing them with a reliable on ramp and off ramp service to reach a wider customer base in Africa.
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Acuity Ventures
VC Fund · San Jose, California, United States · 1 investments in Kenya InsurTech startups

Acuity Ventures is a Silicon Valley-based family of venture capital funds that provide investment capital and strategic guidance to early stage and emerging growth companies. The Fund currently investing is Acuity Ventures III LP, formed in 2004. Acuity provides capital through convertible preferred debt, direct equity investments and otherinvestment participations.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Togo, Egypt

Investor stats

  • Total investments: 9
  • Round size: Pre-Seed $725k–$1M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • MIA Group — MIA Group is a consumer internet company in Francophone Africa. We are on a mission to make commerce easy through a digital ecosystem fulfilling the everyday needs of consumers online and offline.Our businesses include Miaplenou.com: The largest online retail platform operating in Togo, Benin, Mali, Niger, and Burkina Faso. Launched 2012.Kiosk: online reselling App that enables anyone to start a business without investment. Launched 2021.MiaPay: QR code payment and lifestyle services
  • Baloon Assurance — Baloon is a digital insurance broker. They offer online insurance brokerage services intended to help facilitate the purpose of meeting the insurance demands. Their services include providing insurance in the areas of automobile and health, enabling consumers to reimburse their insurance online.
  • LemFi — Lemonade Finance is a digital bank for the African diaspora. Lemonade provides users with accounts in their country of residence and country of origin for personal and business banking needs.
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AAIC Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Kenya InsurTech startups

AAIC Ventures focuses on companies with management, technology, and production in Asia, addressing a global market. AAIC Ventures believes that it is in the midst of a technological revolution and Asia, where it has its connections and experience, will play a pivotal role.At the heart of its AAIC Ventures' involvement in start-ups is thedrive to support their development, innovation process and growth with both advice and hands-on involvement.Developing good ideas into a marketable product and process requires incredible innovation and creativity. AAIC Ventures likes to challenge the status quo and take an active role in finding alternative ways for our companies to achieve their goals.AAIC Ventures combines its work with its portfolio companies with serious capital commitments, often participate in follow-on rounds, and help in all aspects of further capital raising efforts.

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Investment focus

  • Industry: AgTech, Drones, Medical
  • Stage:Seed, Series A
  • Geography: Egypt, Kenya, Hong Kong

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rology — AI-assisted On-demand Teleradiology Platform
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Insight Robotics — Insight Robotics is a forestry-focused risk management company, empowering forest owners to proactively mitigate threats by making sense of data.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Kenya InsurTech startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 30
  • Round size: Seed $550k–$2.5M; Pre-Seed $450k–$1M; Series A $50k–$1.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.
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Finclusion Group
VC Fund · Republic, Missouri, United States · 1 investments in Kenya InsurTech startups

Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.

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Investment focus

  • Industry: InsurTech, Insurance
  • Stage:Seed
  • Geography: Kenya

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • mTek — Manage your insurance digitally by purchasing affordable covers online, comparing quotes from your favorite insurers and settling claims through mTek
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Accion Venture Lab
VC Fund · Washington, District of Columbia, United States · 1 investments in Kenya InsurTech startups, 9 in the past 12 months

Accion Venture Lab is an investment initiative that provides startups with seed capital and support.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 104
  • Round size: Seed $500k–$6.4M; Series A $2.5M–$7.5M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Licify — Licify, a procurement cloud-based platform specialized in the construction industry, has redefined interactions between developers, contractors, sub-contractors and suppliers. It creates a community developing transparent and efficient realtionships allthrough the value chain. This improves the procurement and supply processes, generating savingsand increasing profitability.
  • Bababos — Bababos is a platform that allows SME manufacturers to quickly access a variety of high-quality raw materials, from polymers and chemicals to steel and other metal products. This eliminates the need to handle numerous suppliers. The company's platform streamlines the buying process by digitizing administrative duties. Additionally, Bababosprovides manufacturers with flexible payment options that lessen their financial burden and enable them to concentrate on what they do best—producing high-quality products. Bababos enhances the SME producers' supply chains.
  • Channel19 — Channel19 is building a platform for small truckers to aggregate freight from all of their digital broker and load board relationships in one place and find the best freight to move for their business. Truckers using Channel19 earn up to 20% more revenue and can save over $3,000 per truck per year in dispatch.
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Harlem Capital Partners
VC Fund · New York, New York, United States · 1 investments in Kenya InsurTech startups

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.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Kenya, Peru

Investor stats

  • Total investments: 58
  • Round size: Seed $750k–$4.2M; Pre-Seed $1.8M–$4M; Series A $6M–$11M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Stuf — Stuf is a next-generation self-storage startup that provides easy-to-access and "right next door" storage in a warm and inviting environment for tech-enabled users. At the same time, it partners with real estate owners to monetize underutilized spaces in commercial buildings, creating new cash flow opportunities while providingneighborhoods with new amenities.
  • Trustible — Document, manage, and report on your AI Governance strategy to build trust and reduce risk. https://www.trustible.ai/
  • MoviePass (NEW) — MoviePass is a subscription service that allows customers to see movies in theatres for a set monthly fee. The user will be able to check into their preferred movie theatre using location-based mobile technologies and share their movie-going experiences with their peers via their preferred social networks. After the film, the user will be able torate each movie and theatre experience.
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InsurTech VC funding in Kenya at a glance

Stats across 8 deals from 15 investors.

15
investors
in Kenya InsurTech startups
8
deals
in Kenya InsurTech startups
$1.1M
median round
in Kenya InsurTech startups
47%
lead investors
lead at least one round
50%
Seed
most common funding stage

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