Baloon Assurance

Baloon Assurance

L'Assurance pour tous par le digital

Founded 2017 France

France 132 employees Venture round Total: $4.30M Financial Services, Insurance +1

Baloon Assurance is a financial technology startup that aims to revolutionize the insurance industry in Africa. Founded in 2017 and headquartered in France, Baloon Assurance has positioned itself as the pioneer of 100% digital, dematerialized, and secure insurance brokerage platform dedicated exclusively to Africa. The company's slogan, "L'Assurance pour tous par le digital", emphasizes its commitment to making insurance accessible to all through simplicity and transparency. With a mission to establish trust between policyholders and insurers, Baloon Assurance eliminates educational, social, and financial barriers, making insurance accessible to all. The company operates in Côte d'Ivoire, Sénégal, Cameroun, Niger, and Gabon, catering to the diverse insurance needs across the continent. In its latest funding round in December 2021, Baloon Assurance secured a substantial €2.20M investment from a consortium of investors including Acuity Ventures, P1 Ventures, Myrtus Venture, Gaelle Olivier, Nelly Brossard, and Pierre-Olivier Desaulle. This investment underscores the confidence of prominent venture capital firms and individual investors in Baloon's innovative approach and potential for disrupting the insurance landscape in Africa. With its innovative business model and impressive investor backing, Baloon Assurance is poised to drive significant change in the insurtech industry and expand its footprint across the African continent, offering inclusive and transparent insurance solutions for all. Visit www.baloon.africa to explore Baloon Assurance's groundbreaking platform.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	€2.20M	6	Acuity Ventures, P1 Ventures +4	02 Dec 2021
Venture Round	$2.10M	1	Wind Capital	15 Jul 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

€2.20M

Acuity Ventures, P1 Ventures +4

02 Dec 2021

Venture Round

$2.10M

Wind Capital

15 Jul 2020

FAQ About Baloon Assurance

L'Assurance pour tous par le digital

Baloon Assurance was founded in 2017.

Baloon Assurance is headquartered in France.

Baloon Assurance operates in Financial Services, Insurance and Insurtech. Its work centres on digital insurance, insurance brokerage, insurtech and automobile insurance.

Baloon Assurance has approximately 132 employees.

Baloon Assurance has completed 2 funding rounds, raising a total of $4.30M. The latest funding stage is Venture round.

Top alternatives and competitors to Baloon Assurance include Sigortam.net, Rabbit Care, RenewBuy, Everyday Life Insurance, Ahorra Seguros. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Baloon Assurance and Sigortam.net are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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