About Lami
Lami is a Financial Services company based in Nairobi (Kenya) founded in 2019. A software suite is provided for insurers and underwriters. 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. Its focus areas include FinTech, Insurance IT, Insurance as a Service and InsurTech.
Company details
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.
- Headquarters Nairobi, Kenya
- SectorsFinancial Services
- Website lami.world
- Social LinkedIn Facebook Instagram
- Total Equity Funding$5.5M (USD)
in 2 rounds
- Latest Funding Round$3.7M (USD), Seed
Aug 2022
- InvestorsAccion
& 11 more
- Investments & Acquisitions
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.
- Total Funding $5.5M
- Total Rounds 2
- Last Round Seed — $3.7M
- First Round $1.8M
(May 2021)
- Investors Count 12
All 2 funding rounds of Lami with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $3.7M | Seed | – | Harlem Capital Partners | |
| May 2021 | $1.8M | Seed | – | Accion |
12 investors in total: 10 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are provided to diverse startups by Harlem Capital. | harlem.capital | New York, United States | ||
Early-stage venture capital firm investing in technology startups. | newtownpartners.com | |||
Venture capital fund investing in healthcare startups | aaicinvestment.com | Singapore, Singapore | ||
| consonancecapital.com | ||||
Venture capital funding is provided to African tech startups by P1 Ventures. | p1.ventures | Grand Cayman, Cayman Islands | ||
Venture capital firm focused on multiple sectors | acuityvc.com | Lagos, Nigeria | ||
Venture capital firm investing in multiple sectors | future.africa | Lagos, Nigeria | ||
| peterbruceclark.com | ||||
Foundation focused on early-stage investments in fintech sector | 1961 | accion.org | ||
Invests in early-stage tech startups across Africa with capital and support. | 2021 | tcvp.co |
Investor details for Lami
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lami
10 people are tracked at Lami (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Jihan Abass | CEO & Founder | Leadership |
Roy Perlot | CFO | Leadership |
Amer Atwi | Head of B2C | Leadership |
Jillian Thinguri | Business Director ( East and West Africa ) | Leadership |
Petar Kominac | Head Of Technology | Leadership |
Hauldrine Kirera | Finance Associate | Team |
Appollo Karanja | Finance And Operations. | Team |
Žarko Maksović | Angular Developer | Team |
Elisha Njoga | Frontend Developer + QA | Team |
Brian Maguru | Partnerships & Retention Manager | Team |
Complete people profiles for Lami
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Micro insurance consulting, project management, and technology services are offered. | bluewaveinsurance.co | Nairobi, Kenya | 2016 | Feb 2022 | •••• |
Complete acquisition details for Lami
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Lami
4 dated milestones of Lami across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Lami is founded.
- Funding First funding round of $1.8M.
- Acquisition Acquires Bluewave Insurance.
- Funding Latest funding round, Seed, of $3.7M.
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Related news about Lami
Complete news archive for Lami
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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. The company's 1st funding round was a Seed of $1.8M, raised on May 2021.
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 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.