Curacel - About the company
Curacel is a seed company based in Lagos (Nigeria), founded in 2019 by Oliver Gyr. It operates as a Provides API-based insurance as a service platform. Curacel has raised $3.95M in funding from investors like Y Combinator, Startupbootcamp and Tencent. The company has 61 active competitors, including 28 funded and 1 that has exited. Its top competitors include companies like Zopper, Cover Genius and Bolttech.
Company Details
Provides API-based insurance as a service platform. It provides doctors with patient information and enables clinicians to diagnose patients and reduce medical errors. It also provides them access to a financial dashboard that allows for the collection of digital payments, cash flow reporting, and transparency into the status of all billings.
- Website
- www.curacel.co/
Key Metrics
Founded Year
2019
Location
Lagos, Nigeria
Stage
Seed
Total Funding
$3.95M in 4 rounds
Latest Funding Round
Investors
Ranked
22nd among 61 active competitors
Employee Count
70 as on Mar 31, 2026
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Curacel's funding and investors
Curacel has raised a total funding of $3.95M over 4 rounds. Its first funding round was on Jul 12, 2019. Its latest funding round was a Seed round on Feb 14, 2023 for $*****. 13 investors participated in its latest round. Curacel has 21 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Curacel:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 14, 2023 | 4487039 | Seed | 4678169 | 1584485 | 2352712 | 6069244 |
Mar 10, 2022 | 2436476 | Seed | 2907377 | 3129535 | 1953649 | 2536906 |
Mar 30, 2021 | 2162645 | Seed | 5246382 | 3682379 |
View details of Curacel's funding rounds and investors
Curacel's founders and board of directors
Founder? Claim ProfileThe founders of Curacel is Oliver Gyr. Henry Mascot is the CEO of Curacel.
Here are the details of Curacel's key team members:
- Oliver Gyr: Co-Founder of Curacel and founder of 1 other company.
View details of Curacel's Founder profiles and Board Members
Curacel's employee count trend
Curacel has 70 employees as of Mar 26. Here is Curacel's employee count trend over the years:
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Curacel's Competitors and alternates
Top competitors of Curacel include Zopper, Cover Genius and Bolttech. Here is the list of Top 10 competitors of Curacel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | API-enabled insurance distribution platform | $121M | 74/100 | ||
2nd | Cover Genius 2014, New York City (United States), Series E | Provider of a software suite for the insurance industry | $244M | 69/100 | |
3rd | Insurance as a service solution for businesses and individuals | $740M | 67/100 | ||
4th | Software suite for the insurance industry | $72M | 61/100 | ||
5th | Bharatsure 2021, Mumbai (India), Seed | Platform offering employee benefits as a service to enterprises | $2.38M | 61/100 | |
6th | Sure 2015, San Diego (United States), Series C | Insurance as a service platform for insurance carriers and other businesses | $123M | 58/100 | |
7th | Tint 2018, San Francisco (United States), Series A | Providing embedded insurance solution to businesses | $30M | 56/100 | |
8th | AI-based software suite for the insurance industry | $53M | 56/100 | ||
9th | Cloud-based comparison platform for P&C and health insurance | $9.4M | 54/100 | ||
10th | Hollis Cobb 1977, Duluth (United States), Funding Raised | Diversified insurance software suite focused on healthcare sectors | - | - | 51/100 |
22nd | Provides API-based insurance as a service platform | $3.95M | 48/100 |
Looking for more details on Curacel's competitors? Click here to see the top ones
Curacel's Investments and acquisitions
Curacel has made no investments or acquisitions yet.
Reports related to Curacel
Here is the latest report on Curacel's sector:
News related to Curacel
Media has covered Curacel for a total of 2 events in the last 1 year, 1 of them has been about partnerships.
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Curacel to Represent Nigeria at 2025 Glovo Startup Campus in BarcelonaIndependent•Sep 15, 2025•Curacel
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Nigerian insurtech startup Curacel in “gamechanging” partnership with ALAT by WemaDisrupt Africa•Oct 19, 2023•Curacel, ALAT
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Curacel Partners With ALAT by Wema To Introduce Embedded Insurance Products To Users In NigeriaTech Labari•Oct 10, 2023•Curacel, ALAT
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Alfie Health Raises $2.1M for AI-Powered, Virtual Obesity ClinicHIT Consultant•Jun 29, 2023•Alfie, Y Combinator, Goodwater Capital, Phoenix Investment Club and 6 others
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Slash Emerges From Stealth With $19 Millionsvdaily.com•May 09, 2023•Slash, New Enterprise Associates, Menlo Ventures, Connect Ventures and 8 others
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Curacel appoints Adam Jones of Pie Insurance to its advisory board to support growthFintech Finance•Apr 24, 2023•Curacel, Pie Insurance, Datawallet
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Curacel secures $3 million seed funding to power new insurance experiences and expand into North AfricaAfrica Business Communities•Feb 15, 2023•Curacel, Tencent, AAF Management, Elefund and 12 others
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Google, Facebook-backed insurance startup Curacel gets $3M boost from Tencent, Fitbit CEO, Y-Combinator, othersTech Funding News•Feb 14, 2023•Curacel, Fitbit, Tencent, Y Combinator and 8 others
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Nigeria’s Curacel raises funding to power insurance offerings and expand into North AfricaTechCrunch+•Feb 14, 2023•Curacel
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