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Inclusivity Solutions, based in Cape Town, South Africa, designs and operates digital insurance solutions to enable financial inclusion and address the protection gap in emerging markets. Serving over two million customers in eight African markets, the company delivers affordable products like life protection and hospital cash via mobile phones. It has raised nearly US$4.5 million in Series A funding, including a US$1.5 million extension from Goodwell Investments in November 2023, building on an initial US$2.5 million from RGA. Plans include expansion to 12 markets by end-2024, leveraging its no-code, open-API platform for rapid product deployment. Inclusivity Solutions was established in June 2015 by Jeremy Leach, Tyler Tappendorf, Nigel Bowman, and Jody Delichte. Its business model centers on partners with mobile operators, banks, insurers, and financial institutions to distribute embedded digital insurance products, funded through venture capital investments.
Inclusivity Solutions has raised $4.3M across 3 funding rounds.
Inclusivity Solutions has raised $4.3M in total across 3 funding rounds.
Inclusivity Solutions has raised $4.3M across 3 funding rounds. Most recently, it raised $1.5M Series A Extension in December 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 21, 2023 | $1.5M Series A Plus | ELS Boerhof | — | Announced |
| May 27, 2020 | $1.3M Series A Plus | Goodwell Investments | Dare Okoudjou, UW Ventures | Announced |
| Jun 13, 2019 | $1.5M Series A | WIM VAN DER Beek | Richard Carter, Rgax, UW Ventures | Announced |
Inclusivity Solutions has raised $4.3M in total across 3 funding rounds.
Inclusivity Solutions's investors include Els Boerhof, Goodwell Investments, Dare Okoudjou, UW Ventures, Wim van der Beek, Richard Carter, RGAx.
