Revolutionizing Agricultural Insurance: PULA Secures $20 Million in Series B Funding

PULA, a company reimagining agricultural insurance to protect smallholders worldwide, has recently raised a significant amount of 20 million dollars in funding.

The company's innovative approach utilizes technology and parametric insurance to provide coverage to the previously unbanked and uninsured population of 1.5 billion smallholders globally.

PULA's impact is substantial, having facilitated insurance cover to over 1.1 million farmers in Africa and Asia in 2019 alone. With products offered in 11 markets and reaching over 4.

9 million smallholder farmers since its inception in 2015, PULA is making a tangible difference in the lives of those most affected by the unpredictability of the climate.

The recent funding will further bolster their mission, enabling PULA to continue their vital work in partnership with Fortune 500 companies, global NGOs, microfinance institutions, research institutions, and governments to provide essential protection to households in the face of a changing climate.