OKO

Company Overview

Snapshot

Founded in April 2018 by Simon Schwall, Shehzad Lokhandwalla, and Raphael Haziza, OKO operates with 11–50 employees. The company has raised $2.29M across 13 funding rounds from 13 investors.

Business overview

OKO is an Insurtech company that leverages satellite and mobile technology to provide accessible and affordable crop insurance solutions to smallholder farmers. The company develops parametric insurance products, underwritten by local licensed insurers, based on index partnerships with weather data suppliers. Beyond insurance, OKO offers weather alerts, farming tips, and access to microcredit, bundling these services with distribution tools and an automated policy management platform. OKO operates within the Fintech & Insurtech sector, specifically focusing on sustainable farming and microfinance in emerging markets like Mali and Uganda.

Strategic signal

In October 2025, OKO secured a six-digit funding round to scale climate resilience initiatives in Africa. This investment underscores growing investor confidence in climate-focused insurtech solutions and highlights OKO's strategic positioning to address the increasing climate risks faced by smallholder farmers, signaling potential for significant expansion and impact in the African market.

Company Intelligence Q&A

When did OKO partner with Allianz?

In August 2019, OKO partnered with Allianz to expand its microinsurance offerings.