Lami

Nairobi, Kenya Founded: 2019 • Age: 7 yrs
A software suite is provided for insurers and underwriters.
Annual revenue - Latest available
Total funding $5.5M 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Lami

Lami is a company based in Nairobi (Kenya) founded in 2019. Lami has raised $5.5 million across 2 funding rounds from investors including Accion, Harlem Capital and Newtown Partners. Lami has completed 1 acquisition, including Bluewave Insurance. Lami operates in a competitive market with competitors including Zopper, Cover Genius, Bolttech, Qover and Open, among others.

  • Headquarter Nairobi, Kenya
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.7 M (USD), Seed

    Aug 02, 2022

  • Investors
    Accion

    & 11 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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People of Lami

Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Hauldrine Kirera
Finance Associate
People
Jihan Abass
CEO & Founder
People
Roy Perlot
CFO
People
Appollo Karanja
Finance And Operations.

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Funding Insights of Lami

Lami has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.7 million completed in August 2022. 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.

Investors in Lami

Lami has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accion, Harlem Capital and Newtown Partners.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments are provided to diverse startups by Harlem Capital.
Locked Locked Locked
Early-stage venture capital firm investing in technology startups.
Locked Locked Locked
Venture capital fund investing in healthcare startups
Locked Locked Locked
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Investor details for Lami

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Lami

Lami has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bluewave Insurance.

Investments
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Investment portfolio details for Lami

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Micro insurance consulting, project management, and technology services are offered.
Locked Locked 2016 Locked
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Complete acquisition details for Lami

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Lami

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Detailed financials for Lami

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  • Historical revenue
  • Profit trends
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  • Financial ratios

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Lami Comparisons

Lami Primary company
Description
A software suite is provided for insurers and underwriters.
Location
Nairobi, Kenya
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lami

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Lami

Lami 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 Zopper, Cover Genius, Bolttech, Qover and Open, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
API-enabled insurance distribution platform is provided for B2C companies.
Locked Locked Locked
Software suite for insurance distribution and management is provided.
Locked Locked Locked
Insurance solutions are connected for businesses and individuals through partnerships.
Locked Locked Locked
Software suite for designing and distributing digital insurance is offered.
Locked Locked Locked
AI-based software suite is offered for insurance industry operations.
Locked Locked Locked
Embedded insurance solutions are delivered to businesses through platforms.
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Detailed competitors of Lami

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Lami

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Complete news archive for Lami

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Lami

Lami was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Lami is headquartered in Nairobi, Kenya.

Lami is a funded company, having raised a total of $5.5M across 2 funding rounds to date.

Founded in 2019 and based in Nairobi, Kenya, Lami operates in the insurance technology sector. A suite of software solutions is delivered to support underwriting processes, claims handling, fraud identification, customer relationship management, sales operations, and pricing strategies. These tools are designed for insurers and underwriters to streamline core functions within the industry.

Lami's top competitors include Zopper, Cover Genius and Bolttech.

Lami has made 1 acquisition, including Bluewave Insurance.

Lami has 12 investors. Key investors include Accion, Harlem Capital, Newtown Partners, Peter Bruce-Clark, and Caribou Honig.

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