South Africa Insurtech Naked Raises $38M to Expand AI-Powered Insurance
- Naked secured a $38 million Series B2 funding round.
- Total funding raised by Naked exceeds $69 million.
- Funding led by global impact investor BlueOrchard.
Naked's innovative approach to insurance, particularly its commitment to transparency and social responsibility, positions it well in a competitive market. However, the challenge will be to maintain its growth momentum while ensuring that its technology effectively meets the diverse needs of its customer base.
