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It is often joked that, ‘You do not need a miracle, just have insurance.’ However, insurance covers remain elusive for many as a result of financial strains in life. This is more-so an uphill ask for smallholder farmers whose income fluctuates with the adverse effects of climate change. Trying to close this elusive gap is one, Rose Goslinga, a micro insurer and advocate for creating insurance for small-scale farmers in Africa and Asia. She leads Pula, a company that is radically restructuring agricultural insurance as Co-CEO.
Since its founding in 2015, Pula has been a great catalyst for micro insurance to stallholder farmers. The firm uses insurance and digital products to help smallholder farmers endure climate risks, improve their farming practices, and bolster their incomes over time. Over the period of its existence, 4.3 million smallholder farmers have been reached with insurance products which stretch to 12 countries in both Africa and Asi
African leading agricultural technology insurance company popularly known as Pula has raised $6million in Series A Fundraising activity aimed at derisking millions of smallholder farmers courtesy of TLcom Capital, with the participation of women’s World Banking.
Pula’s new ground to reach many smallholder farmers.
The new investment will be used to scale up operations in the company’s existing 13 markets across Africa. Currently, Pula has impacted over 4.3 Million farmers on the continent and the new funding will also help propel its expansion into Asia to power resilience and profitability for Asian smallholder farmers.
Speaking in an interview with
Pula
, an African InsureTech service provider that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a $6mn Series A fundraise.
The Series A fund was led by TLcom Capital, with the participation of Women’s World Banking. The new investment will be used to scale up operations in the company’s existing 13 markets across Africa.
Currently, Pula has impacted over 4.3mn farmers on the continent and the new funding will also help propel its expansion into Asia to power resilience and profitability for Asian smallholder farmers.
Launched in 2015 by Rose Goslinga and Thomas Njeru, Pula designs and delivers innovative agricultural insurance and digital products to help smallholder farmers endure climate risks, improve their farming practices and bolster their incomes over time.
Pula, a Kenyan Agricultural Insurance and Technology service provider has closed a $6 Million Series A fundraise that was led by TLcom Capital, with the participation of Women’s World Banking. The startup describes itself as an InsureTech service provider startup specialising in digital and agricultural insurance to de-risk millions of smallholder farmers across Africa.
The new investment will be used to scale up operations in the company’s existing 13 markets across Africa. Currently, Pula says it has impacted over 4.3 Million farmers on the continent and the new funding will also help propel its expansion into Asia to power resilience and profitability for Asian smallholder farmers.