About Britam
Britam is a company based in Nairobi (Kenya) founded in 1965.. Britam has raised $2.65 million across 2 funding rounds from investors including Africinvest. Britam offers products and services including MyBritam App, Financial Advice, and Betalab. Britam operates in a competitive market with competitors including Blue KC, Prudential, Beazley, UAP Old Mutual and APA Insurance, among others.
- Headquarter Nairobi, Kenya
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Britam Holdings Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.65 M (USD)
in 2 rounds
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Latest Funding Round
$2.65 M (USD), Private Equity Round
Jun 17, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Britam
Britam offers a comprehensive portfolio of products and services, including MyBritam App, Financial Advice, and Betalab. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for managing insurance and investment services digitally
Personalized guidance on investments and insurance options
Platform for developing financial and sustainability solutions
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Funding Insights of Britam
Britam has successfully raised a total of $2.65M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $2.65 million completed in June 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $2.6M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Private Equity Round - Britam | Valuation | Africinvest |
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| May, 2018 | Amount | Private Equity Round - Britam | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Britam
Britam has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Africinvest. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Britam
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Britam
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Britam Comparisons
Competitors of Britam
Britam operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blue KC, Prudential, Beazley, UAP Old Mutual and APA Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides health insurance plans for individuals, families, employers, and Medicare recipients.
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| domain | founded_year | HQ Location |
Financial services for pensions and investments are provided by Prudential.
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| domain | founded_year | HQ Location |
Specialist insurance and reinsurance are underwritten for clients worldwide.
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| domain | founded_year | HQ Location |
Mutual insurance carrier
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| domain | founded_year | HQ Location |
Diversified insurance services are offered throughout Kenya.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Britam
Frequently Asked Questions about Britam
When was Britam founded?
Britam was founded in 1965 and raised its 1st funding round 53 years after it was founded.
Where is Britam located?
Britam is headquartered in Nairobi, Kenya.
Who is the current CEO of Britam?
Kenneth Kaniu is the current CEO of Britam.
Is Britam a funded company?
Britam is a funded company, having raised a total of $2.65M across 2 funding rounds to date.
What does Britam do?
Provider of financial services and insurance products. It offers a diverse portfolio of financial solutions catering to individual and corporate clients. These services encompass various aspects of financial planning, risk management, and investment strategies. The companys operations include insurance underwriting, investment management, and advisory services. A strong emphasis is placed on long-term client relationships built on trust and financial expertise. The firm maintains a commitment to sustainable practices and community engagement.
Who are the top competitors of Britam?
Britam's top competitors include Beazley, Prudential and Jubilee Insurance.
What products or services does Britam offer?
Britam offers MyBritam App, Financial Advice, and Betalab.
Who are Britam's investors?
Britam has 1 investor. Key investors include Africinvest.