Verdant Capital advises Briisk with respect to funding from the DEG
Verdant Capital is pleased to have advised Briisk on an investment by DEG. DEG is a leading international development finance institution and a subsidiary of KfW, Germany’s development bank.
Briisk is an insurtech company which enables insurance from a financial inclusion perspective across developing markets. The company is a SaaS platform developer and it uses these platforms to link insurers with its extensive distributor network to access end user customers on a mass scale.
Briisk targets 2.9 billion underinsured individuals and small businesses in c.40 countries in Africa, India and Turkey. To date the company has transacted more than 1 million policies. It has 488 distribution partners; has digitised 64 products and works with 40 insurers.
Verdant Capital is currently advising Briisk with respect to its Pre-Series A capital raise.