Curacel Company Information

Curacel, headquartered in Lagos, Nigeria, operates within the fintech industry, specifically under the insurance sub-sector. The company, which is part of the Y-Combinator W22 batch, employs a team of 30 individuals and offers services both locally and remotely across Africa. Curacel’s core offering is its AI-powered digital insurance platform that provides Life, Health, Auto, and Home Insurance products tailored for businesses in Fintech, Credit, Logistics, and eCommerce. This platform facilitates the acquisition of new users and helps in scaling sales and revenue through embedded insurance products.

The company’s innovative approach includes real-time claims management and fraud detection, supported by a Pan-African network of underwriters. Curacel’s technology allows clients to automate, manage, and seamlessly integrate these insurance offerings into their existing apps, products, or services through user-friendly APIs and tools. Additionally, Curacel has developed ‘Curacel Grow’, a feature aimed at boosting revenue growth by embedding comprehensive insurance products that also handle claims management and fraud detection efficiently. To support its expansion and enhance its infrastructure, Curacel has successfully raised $3 million in seed funding. The company is committed to pioneering insurance inclusion across Africa and other emerging markets, leveraging its technology to enhance scalability and reduce overhead costs.

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