Africa Angel Investors Network

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Oko Finance

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Oko Finance is focused on delivering crop-specific insurance to smallholder farmers across Sub-Saharan Africa. The company uses satellite imagery, mobile technology, and automated claim verification to offer index-based insurance that protects farmers against drought, flood, and other climate risks—without requiring paperwork or internet access. "


Location: Mali
Website: https://www.oko.finance/
Sector: Finance
Funding Stage: Seed, Venture Round, Venture Round, Venture Round,
Total Funding ($m): 1.99
# of Founders: 2
Founding Year: 2017
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2021$1.2mSeedNewfund Capital, RésiliAnce, Mercy Corps Ventures, Techstars, ImpactAssets, RaSa Future Fund
2022$0.5mVenture RoundKatapult, and Angel investors
2025$UndisclosedmVenture RoundCatalyst Fund 
2023$0.29mVenture RoundMorgan Stanley Investment Management
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Simon Schwall
Co-Founder & CEO
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Seed $1.2m
Newfund Capital, RésiliAnce, Mercy Corps Ventures, Techstars, ImpactAssets, RaSa Future Fund

Venture Round $0.5m
Katapult, and Angel investors

Venture Round $Undisclosedm
Catalyst Fund 

Venture Round $0.29m
Morgan Stanley Investment Management


News
https://www-siliconluxembourg-lu.cdn.ampproject.org/c/s/www.siliconluxembourg.lu/insurtech-oko-secures-250k-to-expand-crop-insurance-reach/amp/