Companies · Investment Vehicle

Naked Insurance

SA · Africa · Investment Vehicle

Diligence memoA one-page analyst read on Naked Insurance — recommendation, valuation, rhythm, risks.
$2.2M
Total raised · real
1
Rounds
Latest step-up
Top 56%
Sector rank · raised
Seed
Latest stage · inferred · Wed Dec 05 2018 00:00:00 GMT+0000 (Coordinated Universal Time)

Naked Insurance has raised $2.2M over 1 round; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page.

Leadership

No named principal in this company's public records yet — see all operators below.

1 Investor
Where it sits in Investment Vehicle

Naked Insurance is one of 1793 Investment Vehicle companies tracked from SA, Africa. By capital raised it ranks mid-pack (ahead of 45% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

SA’s Naked Insurance raises additional $2.2m from existing investors 0 By Tom Jackson on December 5, 2018 News , Southern Africa South African insurtech startup Naked Insurance has raised ZAR30 million (US$2.2 million) in follow-on funding from existing investors Yellowwoods and Hollard to expand its operations and launch new products. Naked , an artificial intelligence (AI)-driven car insurance provider, launched to market in South Africa in April after initially raising funding from Hollard, South Africa’s largest privately-owned insurance group, and private investment firm Yellowwoods in Oc

SA’s Naked Insurance raises additional $2.2m from existing investors 0 By Tom Jackson on December 5, 2018 News , Southern Africa South African insurtech startup Naked Insurance has raised ZAR30 million (US$2.2 million) in follow-on funding from existing investors Yellowwoods and Hollard to expand its operations and launch new products. Naked , an artificial intelligence (AI)-driven car insurance provider, launched to market in South Africa in April after initially raising funding from Hollard, South Africa’s largest privately-owned insurance group, and private investment firm Yellowwoods in Oc

ai/mlinsuranceinsurtech

As reported in public records reported — not modeled.

ZA
Jurisdiction
1
Investors (latest)
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2018-12-05 Raised $2.2M (real) Modeled valuation $41M (est)$2.2M$41MSeed2018

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.2M · 2018

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$40.9M
Base estimate est.
$2.0M
Conservative case
$320.9M
Upside case
$11.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
40%
Survival probability
18% low · 62% high
1.45×/yr
Annual markup
1.90×/yr upside case
6.0 yr
Elapsed time used
7.6 yr actual, capped for stale marks
general
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
7.6 yr
On record since
2018
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1793 companies in Investment Vehicle. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.7× of median
This company$2.2M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 1.1× above median
This company$2.2M
Sector median$2.0M
Modeled value — vs sector median (estimate, all stages) 1.6× above median
This company$40.9M
Sector median$25.2M

Raised more than 45% of sector peers (real $). Modeled value above 60% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.2M2018-12-05$11.0M$40.9M45%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.2M2018-12-05
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
Intelligence
Modeled next raise
$3.5M
Modeled next size est.range $2.3M$5.6M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Registry & provenance

Naked Insurance is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
ZA
Jurisdiction
Investors

Public records name issuer insiders, not the funds in a round — these investor links come from corroborating sources.

FirmRoundConfidence
HollardSeed55%
Frequently asked
How much funding has Naked Insurance raised?
Naked Insurance has raised approximately $2.2M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Naked Insurance's estimated valuation?
Provath's modeled valuation for Naked Insurance is approximately $40.9M (modeled range $2.0M–$320.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Naked Insurance at?
Naked Insurance's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Dec 05.
What does Naked Insurance do and where is it based?
Naked Insurance operates in the Investment Vehicle sector, based in SA, Africa. SA’s Naked Insurance raises additional $2.2m from existing investors 0 By Tom Jackson on December 5, 2018 News , Southern Africa South African insurtech startup Naked Insurance has raised ZAR30 million (US$2.2 million) in follow-on funding from existing investors Yellowwoods and Hollard to expand its operations and launch new products. Naked , an artificial intelligence (AI)-driven car insurance provider, launched to market in South Africa in April after initially raising funding from Hollard, South Africa’s largest privately-owned insurance group, and private investment firm Yellowwoods in Oc
Explore related

See where Naked Insurance sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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