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PaddyCover

PaddyCover

Private

Last Round

Pre Seed

Jan 10, 2023

Total Funding Raised

$245,000

Momentum

Top 25%

of companies Caplight tracks

Company Overview

PaddyCover is an insurtech company that provides a digital platform for flexible, pay-as-you-go insurance solutions tailored for individuals, families, and businesses in Nigeria.

Sector

FinTech

Verticals

InsurTech, Lending & Credit

Business Model

B2B2C

Customer Profile

Marketplace Commission, Revenue Share

AI Layer

Non-AI

Keywords

insurtechmicroinsuranceembedded insurancepay-as-you-go insuranceinsurance distributionB2B2Cpremium financinginsurance aggregatordigital insuranceinclusive insuranceSME insuranceinsurance brokerflexible insuranceinsurtech platforminsurance API

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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PaddyCover Comparables

Compare PaddyCover with similar companies based on industry and business-model similarity.

PaddyCover comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Casava
88%
Lami
86%
MyCover.ai
84%

PaddyCover Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Pre SeedJan 10, 2023
Pre SeedMar 10, 2020

Key People

Founding team and executive leadership

Deborah Opeoluwa Duntoye

Chief Operating Officer

Executive Team

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 18, 2026

    Monthly visitors grew 162% MoM, reaching 4.2K.

  • Jul 1, 2025

    Monthly visitors grew 673% MoM, from 66 to 510.

PaddyCover Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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PaddyCover Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about PaddyCover's valuation, stock price, and market status.

Firmographic Details

HeadquartersLagos
Employee Range8
Year Founded2018
Last FundingJan 10, 2023

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