Nigerian insurtech startup Haba has raised US$75,000 in a pre-seed funding round as it seeks to expand its capabilities and redefine the insurance landscape in the West African country.

Co-founded in 2022 by Constance Oshafi, Stephen Onwe, and Paul Showemimo, Haba has developed a comprehensive suite of services designed to cater to the diverse needs of both individuals and businesses.

The US$75,000 pre-seed funding round will be used by Haba to enhance its service capabilities, strengthen its technical team, and amplify its marketing efforts to reach a broader base of individual customers.

“With its resolute focus on customer satisfaction, innovative solutions for claims and repairs, and visionary investors, Haba InsurTech is positioned to redefine insurance accessibility, empower policyholders, and shape the future of the insurance sector in Nigeria. As the insurance landscape evolves, Haba InsurTech stands as a beacon of innovation, ready to make insurance easier, more reliable, and ultimately more customer-centric,” the startup said.