Waada Overview
- Year Founded
-
2020
- Status
-
Private
- Employees
-
137
- Latest Deal Type
-
M&A
- (Cancelled)
- Investors
-
6
Waada General Information
Description
Operator of a digital insurance company intended to make insurance affordable and available to everyone. The company specializes in policies for accidental, hospitalization and micro life and fast claims processing across all channels with instant support for all needs, enabling customers to have access to affordable insurance facilities.
Contact Information
Website
www.waada.pkCorporate Office
- 163 Banglore town Main Shahrah-e-Faisal Road
- Faisal Cantonment
- Karachi, Sindh 75500
- Pakistan
Corporate Office
- 163 Banglore town Main Shahrah-e-Faisal Road
- Faisal Cantonment
- Karachi, Sindh 75500
- Pakistan
Waada Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Merger/Acquisition | 12-Oct-2026 | Cancelled | Generating Revenue | |||
| 2. Seed Round | 01-Jan-2023 | Completed | Generating Revenue | |||
| 1. Seed Round | 01-Jan-2020 | $1.3M | $1.3M | Completed | Generating Revenue |
VC Exit Predictor
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Waada Signals
Waada Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| F6 Ventures | Venture Capital | Minority | ||
| Hi2 Global | Venture Capital | Minority | ||
| Planet N Group | Impact Investing | Minority | ||
| Gobi Partners | Venture Capital | Minority | ||
| Joa Capital | Venture Capital | Minority |
Waada Acquisitions (1)
Waada’s most recent deal was a Merger/Acquisition with MIC Global (MicroEnsure Pakistan). The deal was made on 04-Nov-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| MIC Global (MicroEnsure Pakistan) | 04-Nov-2022 | Merger/Acquisition | Insurance Brokers |
Waada FAQs
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When was Waada founded?
Waada was founded in 2020.
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Where is Waada headquartered?
Waada is headquartered in Karachi, Pakistan.
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What is the size of Waada?
Waada has 137 total employees.
-
What industry is Waada in?
Waada’s primary industry is Life and Health Insurance.
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Is Waada a private or public company?
Waada is a Private company.
-
What is Waada’s current revenue?
The current revenue for Waada is .
-
How much funding has Waada raised over time?
Waada has raised $1.3M.
-
Who are Waada’s investors?
F6 Ventures, Hi2 Global, Planet N Group, Gobi Partners, and Joa Capital are 5 of 6 investors who have invested in Waada.
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