Wednesday, October 4, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home People Innovator of the Week

Root, a South African insurtech startup, has raised $3 million in a seed round

Tech Gist Africa by Tech Gist Africa
11/14/2021
in Innovator of the Week, Insurtech, Investments, News - South Africa, Venture Capital
0 0
0
Root

Root

0
SHARES
Share on FacebookShare on Twitter

Root, a South African insurtech startup, has acquired $3 million in a seed round to expand its low-code digital insurance platform into new markets including Europe.

Invenfin, Base Capital, Savannah Fund, P1 Ventures, Luno, and FireID were among the investors in the round.

“As Root continues to unlock innovation in insurance, we are making it easier for entrepreneurs to put customers first and usher the industry into the age of fully tailored and convenient integrated solutions,” said Louw Hopley, CEO, and co-founder of Root.

The insurtech is a cloud-native insurance platform that claims to allow businesses of any size to create, sell, and administer digital insurance products.

It is aimed at non-insurance companies with a large client base, such as merchants, banks, and telecommunications companies that offer insurance as a secondary product.

Root intends to use the new funds to develop its low-code digital insurance platform in new countries, particularly in Europe.

 

Read more on Tech Gist Africa:

Sama, a Kenyan AI startup, has raised $70 million in a series B funding round. 

Oja, a Nigerian-founded grocery delivery service, has raised $3.4 million in funding

JUMO has raised USD$120 million in its most recent funding round

Wicrypt, a Nigerian Wi-Fi sharing startup, has raised $1.5 million in funding

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Lupiya Zambia
Funding

Lupiya, a neobank in Zambia, has raised $8.25 million in a Series A round of funding

by Tech Gist Africa
09/19/2023
0

Lupiya, a neobank based in Zambia, has raised US$8.25 million in Series A funding to expand into existing and potential...

Read more
Anne Marie Chidzero, FSD Africa

FSD Africa Investments is investing $19.5 million to help make Africa more resilient to climate change

09/07/2023
Catalyst Fund Africa

Catalyst Fund, a pre-seed Venture capital fund, has announced the first close of its $40 million fund

09/07/2023
Amazon AWS Skills Center

AWS has opened its first international Skills Center in Cape Town, South Africa

08/24/2023
Founders Factory Africa

Founders Factory Africa Secures a Funding Round of 144 Million Dollars from Mastercard Foundation and Johnson & Johnson

08/22/2023
Next Post
Craydel

Craydel, a Kenyan ed-tech startup, has raised a pre-seed round of funding of $1 million

Rabbit

Rabbit, an Egyptian logistics startup, has raised $11 million in a pre-seed round

MFS Africa

MFS Africa, an African digital payments network, has received $100 million in funding to help it expand

No Result
View All Result

The Big 5

Healthcare Education

The Role of Tech in Improving Healthcare and Education in Africa

by Tech Gist Africa
09/25/2023
1

...

africa business heroes 2023

Africa’s Business Heroes has announced the top 10 finalists for the year 2023

by Tech Gist Africa
09/19/2023
2

...

MEST Africa

The MEST Africa Challenge 2023 is now accepting applications

by Tech Gist Africa
09/04/2023
0

...

IFC She Wins Africa

IFC’s “She Wins Africa” program is currently accepting applications from African women Entrepreneurs

by Tech Gist Africa
09/07/2023
1

...

Google for Startups Accelerator Africa

Google has opened applications for its AI-focused accelerator program in Africa

by Tech Gist Africa
09/04/2023
1

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.