Waada logo — Waada is the largest Insurtech of Pakistan. It's goal is to...

Waada

Waada is the largest Insurtech of Pakistan. It's goal is to make insurance affordable and accessible to everyone.

Founded 2020 Pakistan Karachi, Pakistan 263 employees Seed Total: $1.30M Financial Services

General Information

Company Name Waada
Founded Year 2020
Location Pakistan Karachi, Pakistan
Employees 263
Industries Financial Services
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with Waada. To contact Waada, visit waada.pk.

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About Waada

Waada is a rising Insurtech startup founded in 2020 with a goal to make insurance affordable and accessible to everyone in Pakistan. The company's slogan "Waada is the largest Insurtech of Pakistan" reflects its ambitious vision to empower Pakistan with simple, affordable, and accessible insurance. Their mission is to bring insurance penetration in Pakistan at par with other South Asian economies.

Waada operates in the Financial Services industry and recently secured funding from Flat6Labs in a round of investment on 10 December 2023. The company's dedication to making insurance more inclusive and attainable aligns with the growing demand for tech-driven solutions in the financial sector.

For further information, interested parties can reach out to Waada via email at [email protected] or through WhatsApp at +92 21 111 992 232.

Taxonomy: Insurtech, Pakistan, Digital, Affordable insurance, Accessible insurance, Insurance penetration, South Asia, Online insurance, Startup, Rising insurtech, Empowerment, Tech-driven, Financial inclusion

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Flat6Labs
10 Dec 2023
Seed Round $1.30M 1
Planet N Group of Companies
04 Nov 2022
Pre Seed Round Undisclosed -
14 Mar 2022
Seed Round Undisclosed 1
Hi2 Venture Fund
14 Jan 2022
Seed Round Undisclosed 1
Planet N Group of Companies
10 Dec 2019

Waada Alternatives & Competitors

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Waada vs
OPENPLAN
OPENPLAN Korea South

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Waada vs
Emma
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Waada vs
Rabbit Care
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Rabbit Care is Southeast Asia’s leading online insurance and financial product comparison platform.

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181 employees
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FAQ About Waada

Waada is the largest Insurtech of Pakistan. It's goal is to make insurance affordable and accessible to everyone.
Waada was founded in 2020.
Waada is headquartered in Karachi, Pakistan.
Waada operates in Financial Services. Its work centres on Insurtech, Pakistan, Digital and Affordable insurance.
Waada has approximately 263 employees.
Waada has completed 5 funding rounds, raising a total of $1.30M. The latest funding stage is Seed.
Top alternatives and competitors to Waada include OPENPLAN, Emma, Rabbit Care, Everyday Life Insurance, RenewBuy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Waada and OPENPLAN 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.

Source: BounceWatch company record for Waada, https://bouncewatch.com/company/waada, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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