IBISA raises $3 million to scale parametric insurance solutions, strengthening climate resilience across Asia and Africa
Amount Raised
$3 Million
Round Type
Funding Round
Investors
Description
IBISA, a Climate Insurtech company, has closed a $3 million funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa. The round was led by The Acumen Resilient Agriculture Fund (ARAF) and Equator, alongside the Asian Development Bank Ventures (ADBV) and existing investors including Ankur Capital. This strategic investment will empower IBISA to make parametric insurance more accessible. The funding will enable IBISA to build more pioneering products and expand further into emerging markets.
Quick answer
IBISA raised $3 Million in a Funding Round round, dated June 25, 2024. Investors: Asian Development Bank Ventures (Adb Ventures), Ankur Capital, Equator and The Acumen Resilient Agriculture Fund (Araf).
- How much did IBISA raise?
- IBISA raised $3 Million in a Funding Round round on June 25, 2024.
- Who invested in IBISA?
- Asian Development Bank Ventures (Adb Ventures), Ankur Capital, Equator and The Acumen Resilient Agriculture Fund (Araf) are named as investors in this round.
- What does IBISA do?
- IBISA builds, distributes and operates Climate Insurance Solutions for the agriculture value chain in a cost-efficient, scalable and innovative way.
- Where is IBISA based and how big is it?
- Fundz records about 22 employees.
- Who are the decision-makers at IBISA?
- Fundz holds 1 contact at IBISA. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Real Estate around the same time
Companies in the same sectors as IBISA that raised within 45 days of this round, from Fundz verified event records.
- Perchwell raised $25M (Series B) on August 8, 2024.
- BiggerPockets raised an undisclosed amount on August 8, 2024.
- Ocusell, LLC raised $200K on August 6, 2024.
- Mainstay raised $25M on July 31, 2024.
- Epum raised $1.6M (Pre-Seed) on July 29, 2024.
- Midas Hospitality raised $4.9M on July 26, 2024.
Who to call at IBISA, and when
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- An alert the day IBISA raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at IBISA, from your own LinkedIn network
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Related People
IBISA 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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