Fundz

Myka has raised a pre-seed funding round to expand insurance access in Nigeria, with support from Ventures Platform and TLcom. The funding will help improve insurance penetration through digital channels.

PRIVATEJun 10, 2026

Round Type

Pre-Seed

NigeriaInsurtechInsurance

Investors

TlcomOlumide SoyomboRidwan OlalereShola AkinladeT LcomVentures Platform

Description

Nigerian insurtech startup Myka has raised an undisclosed pre-seed funding round from investors including Ventures Platform, TLcom, and others. Founded in 2025, Myka is a licensed digital insurance broker focused on improving insurance access. The startup aims to address Nigeria’s low insurance penetration. They work with leading underwriters to provide various coverage options.

Quick answer

Myka raised an undisclosed amount in a Pre-Seed round, dated June 10, 2026. Investors: Tlcom, Olumide Soyombo, Ridwan Olalere, Shola Akinlade, T Lcom and Ventures Platform. Myka is based in Nigeria.

How much did Myka raise?
Myka raised an undisclosed amount in a Pre-Seed round on June 10, 2026.
Who invested in Myka?
Tlcom, Olumide Soyombo, Ridwan Olalere, Shola Akinlade, T Lcom and Ventures Platform are named as investors in this round.
What does Myka do?
Myka is a licensed digital insurance broker based in Nigeria that enables consumers and SMEs to discover, compare, and purchase insurance products from multiple providers in real time.
Where is Myka based and how big is it?
Myka is based in Nigeria.

Source: Fundz verified event record.

Who else raised in Insurtech and Insurance around the same time

Companies in the same sectors as Myka that raised within 45 days of this round, from Fundz verified event records.

  • Coverwatch raised $4.5M (Pre-Seed) on July 23, 2026.
  • American Growth Insurance raised $70M (Private Equity) on July 21, 2026.
  • Adaptive Insurance raised $5M (Funding Round) on July 8, 2026.
  • Panora raised $5M (Seed) on July 7, 2026.
  • ViteSicure raised $2.8M (Series A) on July 4, 2026.
  • Tugboat raised $3M (Seed) on June 16, 2026.

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Company Information

Company

Myka

Location

Nigeria

About

Myka is a licensed digital insurance broker based in Nigeria that enables consumers and SMEs to discover, compare, and purchase insurance products from multiple providers in real time. Founded in 2025 by Sim Shagaya, Muritala Ahmed, and Oluwadamilola Okenla, the startup aims to improve insurance penetration in Nigeria through digital and offline channels. It partners with leading underwriters and operates under the regulatory oversight of the National Insurance Commission (NAICOM). Myka offers coverage across various categories, including health, vehicles, mobile phones, homes, and businesses.

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