Digital insurer Naked announced on 21 January 2025 that it had raised R700 million (about US$38 million) in a Series B2 round, which the announcement coverage describes as the largest insurtech investment in Africa to date.

CORRECTED · 20 OCTOBER 2026

Corrected 20 October 2026: the round was announced in January 2025, not October. "Largest insurtech investment" is now worded as the coverage's claim, not a fact.

Where it comes from

Source: Naked announcement, 21 January 2025 (as reported by ITWeb)
Date: Jan 2025
Method: Disclosed funding round
Region: South Africa
Beat: Banking, Insurance and Fintech · Economy, Policy and Public Sector
Theme: Startups

WHAT YOU COPY

Digital insurer Naked announced on 21 January 2025 that it had raised R700 million (about US$38 million) in a Series B2 round, which the announcement coverage describes as the largest insurtech investment in Africa to date. (Source: Naked announcement, 21 January 2025 (as reported by ITWeb), Jan 2025). Via SourceDesk: sourcedesk.co.za/e/w9e7gz

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