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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 +1
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 •••••• 1
Investor
10 Dec 2023
Seed Round •••••• 1 •••• •••• 04 Nov 2022
Pre Seed Round •••••• - 14 Mar 2022
Seed Round •••••• 1 •••• •••• 14 Jan 2022
Seed Round •••••• 1 •••• •••• 10 Dec 2019

Waada Alternatives & Competitors

Waada vs
Kayna Innovation
Kayna Innovation Ireland

Embedded Insurance Infrastructure enabling Distribution through Vertical SaaS

Pre Seed
3 employees
Insurance, Insurtech
Compare Waada vs Kayna Innovation
Waada vs
PolicyStreet
PolicyStreet Malaysia

Making Insurance Purposeful and Simple for businesses and consumers

Series B
114 employees
Finance, Financial Services
Compare Waada vs PolicyStreet
Waada vs
Beinsure ⭐
Beinsure ⭐ United States

Beinsure — leading digital media about Insurance, Reinsurance, InsurTech & Cyber Insights

Seed
2 employees
Compare Waada vs Beinsure ⭐

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 the following industries: Financial Services.
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 Kayna Innovation, PolicyStreet, Beinsure ⭐, Alwrite, 10Life. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Waada and Kayna Innovation 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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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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