Tech Company Financing Transactions

Curacel Funding Round

Curacel closed a $3 million Seed venture capital round on 2/14/2023. Backers included AAF Management, elefunds and Olive Tree Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

AAF Management (Lead Investor)

elefunds (Lead Investor)

Olive Tree Capital (Lead Investor)

Pioneer Fund (Lead Investor)

Tencent Holdings (Lead Investor)

Y Combinator (Lead Investor)

private investors (Babs Ogundeyi)

private investors (James Park)

private investors (Olugbenga Agboola)

Proceeds Purpose
The company intends to use the funds to roll out its technology solutions in North Africa and deepen its presence in other parts of the continent.

Company Information

Company Status
Private & Independent
Mailing Address
Newark, DE 19702
Email Address
We're trusted by 5000+ organizations operating across 8 countries and backed by leading tech investors like Google, Facebook and YCombinator. We've also been recognised as one of the top 100 insurtech firms in the world. We aim to create a world with equal opportunity and prosperity. We want to make it easy to get & use risk protection in emerging markets. More than 3 billion people all over the world are not protected from the risks they face in their daily lives. People try to build successful lives for themselves and their families, but these risks can set them back by years.
Curacel LinkedIn Company Profile
Social Media
Curacel Company Twitter Account
Company News
Curacel News
Curacel on Facebook
Curacel on YouTube

Management Team

Email & Social
Chief Executive Officer
Henry Mascot
  Henry Mascot LinkedIn Profile  Henry Mascot Twitter Account  Henry Mascot News  Henry Mascot on Facebook
Chief Operating Officer
Peter Adeyemi
  Peter Adeyemi LinkedIn Profile  Peter Adeyemi Twitter Account  Peter Adeyemi News  Peter Adeyemi on Facebook
Chief Technical Officer
John Dada
  John Dada LinkedIn Profile  John Dada Twitter Account  John Dada News  John Dada on Facebook
VP - Sales
Eugen Vajzovic
  Eugen Vajzovic LinkedIn Profile  Eugen Vajzovic Twitter Account  Eugen Vajzovic News  Eugen Vajzovic on Facebook



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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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