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Last Update 25.4.2021Edit Profile
OKO logo
OKO
Crop Insurance Platform
Non Visible
 
https://www.oko.finance/

About

OKO uses satellite and mobile technology to bring affordable and simple crop insurance to smallholder farmers. OKO creates index partnerships with weather data suppliers and uses them to create parametric insurance products underwritten by a locally licensed insurance company. Farmers can also benefit from OKOs weather alerts, farming tips, and access to affordable microcredit. OKO bundles services including a weather-based index insurance product, tools for distribution and customer education, and an automated policy management platform. OKO won the Orange Social Venture Prize in 2019 and the ITU SME Competition in 2020 and has been listed as one of the Inclusive Fintech 50 by MetLife Foundation and Visa.

Founded

4/2018

Business models

B2G, B2B, B2C

Employees

11-50

Product stage

Released

Products

-

Geographic markets

Mali, Uganda

Funding

Total Funding

$1.42M

Last Funding

$1M

Funding Stage

Seed

Total Rounds

8

Investors

7

The Team

(4)
Simon Schwall
Founder & CEO
Shehzad Lokhandwalla
Co-founder & CTO
Raphael Haziza
Co-founder & Lead Actuary
MD
Mariam Doumbia
Country Manager (Mali)

Company Lifecycle

Event View
Timeline View

Public Offerings & Exits

Non-Equity Funding

Mergers and Acquisitions

Others

Affiliation
Mar 2018
Affiliation
Sep 2018
Batch
Affiliation
Feb 2019
Hub Name
Fit4Start logo
Fit4Start
Batch
Affiliation
Sep 2020
Batch SDG Accelerator
Affiliation
Nov 2020
Affiliation
Jul 2021

Use Cases (0)

Media gallery

(5)
OKO 5-min Pitch Demo Day Techstars logo
OKO 5-min Pitch Demo Day Techstars
 logo
Orange Social Venture prize 2018 (1st place) logo
Orange Social Venture prize 2018 (1st place)
Uganda National news talk about OKO logo
Uganda National news talk about OKO
Introduction to OKO logo
Introduction to OKO

Locations

Israel

Nordau Boulevard 91, Tel Aviv, Israel

Offices Abroad

Luxembourg

Sector

FinTech
Lending & Financing
Micro Financing
Insurtech
Products, Pricing & Underwriting

Core Technology

Platforms & Interfaces
Mobile

Target Industry

Agriculture & Food
Consumers

Tags

(11)
climate-tech supply-chain weather-forecast agtech personal-finance farm-to-consumer fintech insurtech microfinance plant-protection sdg

Target Markets

(6)
smallholder-farms emerging-markets agriculture emerging-markets financial-institutions government

Notes

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