Diligence memo · auto-generated · as of July 3, 2026
Naked Insurance
Naked Insurance has raised $2.2M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Naked Insurance operates in Investment Vehicle, 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
Sub-sector tags: ai/ml, insurance, insurtech.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Naked Insurance has raised $2.2M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.2M on 2018-12-05.
Most recent recorded round closed around 2018-12-05.
Valuation (modeled)modeled
Provath models Naked Insurance at approximately $41M (range $2.0M–$321M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 45% of Investment Vehicle peers (1793 compared).
Modeled value ranks above 60% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.