About UAP Old Mutual
UAP Old Mutual is a company based in Nairobi (Kenya) founded in 1845.. UAP Old Mutual has raised $53.79 million across 2 funding rounds from investors including Norfund, Swedfund and Africinvest. UAP Old Mutual operates in a competitive market with competitors including Britam, Blue KC, Prudential, Beazley and APA Insurance, among others.
- Headquarter Nairobi, Kenya
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$53.79 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Norfund
& 2 more
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Employee Count
Employee Count
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Funding Insights of UAP Old Mutual
UAP Old Mutual has successfully raised a total of $53.79M across 2 strategic funding rounds. 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 Last Round
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First Round
First Round
(05 Jun 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Debt – Conventional - UAP Old Mutual | Valuation |
investors |
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| Jun, 2012 | Amount | Private Equity Round - UAP Old Mutual | Valuation | Norfund , Africinvest |
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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 UAP Old Mutual
UAP Old Mutual has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Norfund, Swedfund and 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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It invests in developing countries to create jobs and improve lives
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Early-stage SMEs are invested in by government-operated Swedfund.
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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 UAP Old Mutual
| 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 - UAP Old Mutual
| 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 |
Uap Old Mutual Comparisons
Competitors of UAP Old Mutual
UAP Old Mutual 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 Britam, Blue KC, Prudential, Beazley 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 |
Provider of financial services and insurance products
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| 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 |
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 Uap Old Mutual
Frequently Asked Questions about UAP Old Mutual
When was UAP Old Mutual founded?
UAP Old Mutual was founded in 1845 and raised its 1st funding round 167 years after it was founded.
Where is UAP Old Mutual located?
UAP Old Mutual is headquartered in Nairobi, Kenya.
Who is the current CEO of UAP Old Mutual?
Joe Wanjui is the current CEO of UAP Old Mutual.
Is UAP Old Mutual a funded company?
UAP Old Mutual is a funded company, having raised a total of $53.79M across 2 funding rounds to date. The company's 1st funding round was a Private Equity Round of $53.79M, raised on Jun 05, 2012.
What does UAP Old Mutual do?
UAP Old Mutual was established in 1845 and is headquartered in Nairobi, Kenya. Operations are conducted as a mutual insurance carrier, with services encompassing life, health, and general insurance products. Coverage is extended to individuals and businesses primarily within East Africa. Leadership is held by Joe Wanjui in the roles of Chairman and CEO, overseeing strategic and operational functions in the financial services sector.
Who are the top competitors of UAP Old Mutual?
UAP Old Mutual's top competitors include Britam, Beazley and Prudential.
Who are UAP Old Mutual's investors?
UAP Old Mutual has 3 investors. Key investors include Norfund, Swedfund, and Africinvest.