Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Pula secures seed funds to offer small farmer insurance



ImpactAlpha, April 23 – Pula, a Switzerland and Kenya-based insurer, helps pair agricultural insurance with the sale of seeds and fertilizer. Pula targets unbanked and uninsured smallholder farmers in Africa. Insurance policies are underwritten and claims are assessed based on satellite and farm yield data. The company says its policies have reached 600,000 farmers in eight countries; a pilot in India is underway.

    • Seed investors… Accion’s early-stage investment arm Accion Venture Lab led Pula’s seed round with Omidyar Network, Mulago Foundation, Choiseul Africa Capital, Mercy Corps’ Social Venture Fund, and several angel investors. The amount of funding was not disclosed.

 

  • Acceleration… Pula got early support from the Gates Foundation-backed Digital Financial Services Lab.

 

You might also like...