April 17

Pula Raises $20 Million Series B to Provide Agricultural Insurance to Farmers in Africa, Asia and Latam

By Annie Njanja

Since 2015, Pula, an insurtech based in Kenya, has been keen on enhancing the access to agricultural insurance by small-holder farmers across emerging markets, shielding them against losses from pests, diseases and/or extreme weather events like floods and droughts.

So far, the insurtech has supported 15.4 million farmers in Africa, Asia and Latin America to get insured, and it is eyeing more following a $20 million series B funding round that will enable it to establish new partnerships, including for livestock covers.

Photo courtesy of CIAT.

Source: TechCrunch (link opens in a new window)

Agriculture, Technology
insurance, smallholder farmers