Bamboo secures $15 million in Series A funding to expand across the African market
Amount Raised
$15 Million
Round Type
Series A
MidvaleInsuranceInvestors
Description
Bamboo, a Nigerian brokerage app, has raised a $15 million Series A funding round led by Greycroft and Tiger Global, with participation from Motley Fool Venture, Chrysalis Capital, and Y-Combinator’s Michael Seibel, among others. The funding will support the company's expansion into new markets, the launch of additional products, and the development of its tech infrastructure.
Quick answer
Bamboo raised $15 Million in a Series A round, dated May 18, 2024. Investors: Michael Seibel, Chrysalis Capital, Motley Fool Venture, Tiger Global and Greycroft. Bamboo is based in Midvale, Utah, United States.
- How much did Bamboo raise?
- Bamboo raised $15 Million in a Series A round on May 18, 2024.
- Who invested in Bamboo?
- Michael Seibel, Chrysalis Capital, Motley Fool Venture, Tiger Global and Greycroft are named as investors in this round.
- What does Bamboo do?
- After successfully refining our underwriting model and distribution capabilities over the past 3 years in the California market, Bamboo will now embark on a product and geographic expansion plan while remaining true to..
- Where is Bamboo based and how big is it?
- Bamboo is based in Midvale, Utah, United States. Fundz records about 210 employees.
- Who are the decision-makers at Bamboo?
- Fundz holds 3 contacts at Bamboo, including the Chief Revenue Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Bamboo that raised within 45 days of this round, from Fundz verified event records.
- Pacific Life raised $1.9M on July 1, 2024.
- Convex North America Insurance Services raised $405K on July 1, 2024.
- Pacific Life raised $11M on July 1, 2024.
- Feather raised $6.4M (Funding Round) on June 28, 2024.
- Gradient AI raised $36M on June 28, 2024.
- HIG Holdings raised $18M on June 28, 2024.
Who to call at Bamboo, and when
A new round usually means Bamboo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bamboo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bamboo, from your own LinkedIn network
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Funding Insights
What this usually meansBamboo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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