ACRE Africa Overview
- Founded
-
2009

- Status
-
Acquired/Merged
- Employees
-
36

- Latest Deal Type
-
M&A
ACRE Africa General Information
Description
Operator of a micro-insurance firm intended to provide insurance coverage to farmers. The company's firm helps design micro-insurance products based on scientific principles and data that address climate associated risks faced by smallholder farmers, enabling farmers to confidently invest in quality inputs, increase their productivity and access agricultural loans.
Contact Information
Website
www.acreafrica.com
Formerly Known As
Kilimo Salama
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Insurance Brokers
Other Industries
Other Insurance
Parent Company
ZEP-RE
Primary Office
- Ground Floor, Zep Re Place
- Longonot Place, Upper Hill, P.O. Box 45277
- Nairobi, 00100
- Kenya
+254 0719 000000
ACRE Africa Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | 13-Jul-2021 | Completed | Generating Revenue | |||
2. Later Stage VC (Series A) | 11-Jun-2014 | 00.00 | Completed | Generating Revenue | ||
1. Grant | Completed | Startup |
ACRE Africa Signals
ACRE Africa Former Investors (7)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
AHL Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Grameen Crédit Agricole Microfinance Foundation | Limited Partner | Minority | 000 0000 | 000000 0 | |
Impact Ventures UK | Impact Investing | Minority | 000 0000 | 000000 0 | |
International Finance Corporation | Impact Investing | 000 0000 | 000000 0 | ||
LGT Venture Philanthropy | Not-For-Profit Venture Capital | Minority | 000 0000 | 000000 0 |