Curacel
The embedded insurance and digital claims processing infrastructure for Africa
What it does
Curacel was founded in 2019 by Henry Mascot and John Oluwatosin to provide AI-powered claims processing and fraud detection engines for African insurance providers. The platform allows health and auto insurers to automate payout claims directly while preventing fraudulent policy redemptions. Y Combinator-backed Curacel is recognized as a market leader in African insurtech software.
Claims automationDigital insurance distributionUnderwriting & risk modeling
Known for
- Y Combinator-backed insurtech platform
- AI-powered insurance fraud detection
- Automated health and auto claims clearing
- Embedded insurtech API platform
Model & industry
Insurance-as-a-ServiceAPI-as-a-ProductInsurance
Funding history
$3.0M
Total raised
1
Rounds
Seed
Latest stage
2023
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2023-02 | Seed | $3.0M | Tencent |
Source: Condia Funding Tracker
Products & subsidiaries
Curacel Grow (Embedded Insurance) · Insurtech SaaS APICuracel Claims & Fraud Engine · AI Claims Management