Wamda

U.A.E

AppliedAI closes $55 million Series A, led by G42

UK-founded UAE-HQ Insurtech startup AppliedAI has raised $55 million in a Series A funding round at a pre-investment valuation of $300...

AppliedAI G42 Insurtech

Egypt

Amenli cashes in new investment of $2.3 million

Egypt-based insurtech broker Amenli has secured a new funding round of $2.3 million, led by the European Bank for Reconstruction and...

Amenli Insurtech EBRD

Egypt

Amenli raises $1 million equity funding round

Egypt-based insurtech Amenli, has closed a new $1 million equity funding round led by Alter Global with participation from Qatar...

Amenli Insurtech

Egypt

Egypt’s Sehatech raises $850,000 in funding

Egypt-based health insurtech Sehatech has raised a $850,000 round from A15 and Beltone Venture Capital, a subsidiary of Beltone Holding...

Sehatech Insurtech

Regional

Where does the next level of innovation lie in Mena’s insurtech sector? [part two]

This is the second in a two-part series on the insurtech space in the Middle East and North Africa (Mena). The first part can be found...

Insurtech Insurance

U.A.E

UAE’s Wellx raises $2 million Seed to fund expansion

Wellx, a UAE-based wellness-focused platform with embedded insurance, has raised $2 million in a Seed funding round, led by Dubai Future...

Wellx Insurtech DFDF

Regional

Insurtech: the interplay between insurance companies and startups [part one]

This is the first in a two-part series looking at the growth of insurtech in Mena. The second part can be found here. Insurance is one...

Insurtech Insurance

Egypt

Egypt’s Nice Deer raises $1 million pre-Seed round

Egypt-based insurtech Nice Deer has raised a $1 million pre-Seed funding round led by DisrupTech Ventures. Founded in early 2022 by...

Nice Deer Insurtech healthtech

Saudi Arabia

Rasan raises $24 million for its Tameeni insurance platform

Saudi Arabia-based insurtech startup Rasan has raised SAR 90 million ($24 million) for its Tameeni platform in a round led by Impact46,...

Rasan Insurtech Fintech

U.A.E

Hala raises $5 million in Series A

Abu Dhabi-based insurtech, Hala, has raised a $5 million funding round led by Entrée Capital, with participation from Mubadala...

uae Insurtech

U.A.E

Global Ventures invests in insurtech Democrance

UAE-based insurtech startup Democrance has raised an undisclosed investment round, led by UAE VC firm Global Ventures with participation...

Global Ventures Insurtech Democrance

Global

Mubadala Capital participates in Berlin-based wefox's $650 million Series C round

UAE-based investment firm Mubadala Capital, has invested in Berlin-based insuretech company Wefox’s $650 million Series C funding...

Mubadala Capital Wefox Insurtech

U.A.E

Sehteq raises $20 million

Dubai-based health insurance tech startup Sehteq, has secured a $20 million investment from its anchor investor 971 Capital. Launched in...

Insurtech Sehteq healthtech

U.A.E

Addenda closes bridge funding round

UAE-based insurtech platform Addenda, has closed a six figure bridge round by participating Arab Bank-powered AB Accelerator, funded...

Insurtech Blockchain Addenda

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