Thursday
January 23
2025

South African Insurance-Technology Start-up Naked Raises R700-Million in Biggest Funding Round to Date

South African insurance-technology start-up has raised R700-million in a series-B funding round as the seven-year old company looks to accelerate its growth.

The funding round, which included existing investors such as Hollard and the International Finance Corporation, has drawn funding for the first time from BlueOrchard, a global impact investment firm.

Photo courtesy of Pictures of Money.

Source: TechCentral (link opens in a new window)

Categories
Investing, Technology
Tags
artificial intelligence, impact investing, insurance