COVA AFRICA Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 11

Employees

  • Latest Deal Type
  • Series 1

  • Latest Deal Amount
  • $60.7K

  • Investors
  • 7

COVA AFRICA General Information

Description

Operator of an insurance-as-a-service platform intended to bridge the gap between micro-insurance offers and underserved buyers. The company's platform enables embedded insurance within other businesses and the distribution of reliable, digital insurance products for end-users, allowing customers to purchase insurance in seconds and experience instant, real-time claim settlement.

Contact Information

Website
www.cova.africa
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Bessengue Valley, Litto Labo Building
  • 3rd Floor
  • Douala
  • Cameroon
Primary Industry
Other Insurance
Other Industries
Business/Productivity Software
Vertical(s)
InsurTech
Corporate Office
  • Bessengue Valley, Litto Labo Building
  • 3rd Floor
  • Douala
  • Cameroon

COVA AFRICA Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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COVA AFRICA Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC (Series 1) 01-Jan-2025 $60.7K Completed Generating Revenue
3. Accelerator/Incubator 24-Oct-2023 Completed Startup
2. Accelerator/Incubator Completed Startup
1. Accelerator/Incubator Completed Startup
To view COVA AFRICA’s complete valuation and funding history, request access »

COVA AFRICA Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an insurance-as-a-service platform intended to bridge the gap between micro-insurance offers and underserved
Other Insurance
Douala, Cameroon
11 As of 2025

Cape Town, South Africa
 

Lagos, Nigeria
 
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COVA AFRICA Competitors (3)

One of COVA AFRICA’s 3 competitors is Inclusivity Solutions, a Venture Capital-Backed company based in Cape Town, South Africa.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Inclusivity Solutions Venture Capital-Backed Cape Town, South Africa
Mycover.ai Venture Capital-Backed Lagos, Nigeria
Turaco Venture Capital-Backed Wilmington, DE
You’re viewing 3 of 3 competitors. Get the full list »

COVA AFRICA Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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COVA AFRICA Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cameroon Angel Network Angel Group Minority
Digital Africa (Paris) Accelerator/Incubator Minority
Fivenso Family Office Minority
Fuze (Africa) Venture Capital Minority
Luxembourg House of Financial Technology Corporation
You’re viewing 5 of 7 investors. Get the full list »

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COVA AFRICA FAQs

  • When was COVA AFRICA founded?

    COVA AFRICA was founded in 2022.

  • Where is COVA AFRICA headquartered?

    COVA AFRICA is headquartered in Douala, Cameroon.

  • What is the size of COVA AFRICA?

    COVA AFRICA has 11 total employees.

  • What industry is COVA AFRICA in?

    COVA AFRICA’s primary industry is Other Insurance.

  • Is COVA AFRICA a private or public company?

    COVA AFRICA is a Private company.

  • What is the current valuation of COVA AFRICA?

    The current valuation of COVA AFRICA is .

  • What is COVA AFRICA’s current revenue?

    The current revenue for COVA AFRICA is .

  • How much funding has COVA AFRICA raised over time?

    COVA AFRICA has raised $60.7K.

  • Who are COVA AFRICA’s investors?

    Cameroon Angel Network, Digital Africa (Paris), Fivenso, Fuze (Africa), and Luxembourg House of Financial Technology are 5 of 7 investors who have invested in COVA AFRICA.

  • Who are COVA AFRICA’s competitors?

    Inclusivity Solutions, Mycover.ai, and Turaco are competitors of COVA AFRICA.

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