About Susu
Susu is a company based in Paris (France) founded in 2018 by Bola Bardet. It operates as a Subscription Services, Brokerage / Intermediation, and HealthTech. Susu has raised $5.9 million across 2 funding rounds from investors including CNP Assurances, Plug and Play Tech Center and INCO. Susu offers products and services including Health Insurance, Personalized Health Bouquets, and Funeral Insurance. Susu operates in a competitive market with competitors including Groupe clinique developpement, Clinique Developpement Group, Groupe C2S, GBNA Sante and Groupe HPL, among others.
- Headquarter Paris, France
- Founders Bola Bardet
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Sectors
Healthcare
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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 Susu Sas
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.9 M (USD)
in 2 rounds
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Latest Funding Round
$4.9 M (USD), Series A
Dec 14, 2023
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Investors
CNP Assurances
& 7 more
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Employee Count
Employee Count
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Products & Services of Susu
Susu offers a comprehensive portfolio of products and services, including Health Insurance, Personalized Health Bouquets, and Funeral Insurance. 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.
Health coverage is provided for families in Africa.
Tailored health plans are offered for chronic conditions.
Funeral expenses are covered through specific insurance plans.
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Funding Insights of Susu
Susu has successfully raised a total of $5.9M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.9 million completed in December 2023. 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 Series A — $4.9M
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First Round
First Round
(02 Mar 2022)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - Susu | Valuation | INCO , Janngo | |
| Mar, 2022 | Amount | Seed - Susu | Valuation |
investors |
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| 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 Susu
Susu has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CNP Assurances, Plug and Play Tech Center and INCO. 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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Founded Year | Domain | Location | |
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Technology and capital are leveraged by Janngo for African development.
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Founded Year | Domain | Location | |
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Health54 is operated as a healthcare-focused Corporate Venture Capital vehicle.
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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 Susu
| 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 - Susu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Susu Comparisons
Competitors of Susu
Susu 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 Groupe clinique developpement, Clinique Developpement Group, Groupe C2S, GBNA Sante and Groupe HPL, 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 |
A chain of general clinics is operated in France.
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| domain | founded_year | HQ Location |
Healthcare group engaged in primary and acute care services
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| domain | founded_year | HQ Location |
A chain of general clinics is operated in France.
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| domain | founded_year | HQ Location |
Provides medical, surgical, and obstetric services through multiple healthcare establishments in France.
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| domain | founded_year | HQ Location |
A chain of multi-specialty clinics is operated across France.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Susu
Frequently Asked Questions about Susu
When was Susu founded?
Susu was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Susu located?
Susu is headquartered in Paris, France.
Is Susu a funded company?
Susu is a funded company, having raised a total of $5.9M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Mar 02, 2022.
What does Susu do?
Health insurance and personalized care solutions are offered by Susu for families in Africa. Services are focused on the diaspora, ensuring access to medical care through local and international plans. Coverage includes up to 90 of medical expenses. Additionally, tailored health bouquets are provided for chronic conditions and aging relatives. A digital app is utilized for transparent tracking of beneficiaries. The company operates in the financial services sector, specializing in health insurance. Partnerships with leading insurers like Allianz and Sanlam are maintained to enhance service delivery across multiple African countries.
Who are the top competitors of Susu?
Susu's top competitors include Courlancy Sante, Clinique Developpement Group and Groupe clinique developpement.
What products or services does Susu offer?
Susu offers Health Insurance, Personalized Health Bouquets, and Funeral Insurance.
Who are Susu's investors?
Susu has 8 investors. Key investors include CNP Assurances, Plug and Play Tech Center, INCO, Janngo, and Health54.
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