About
OKO uses satellite and mobile technology to bring affordable and simple crop insurance to smallholder farmers. OKO creates index partnerships with weather data suppliers and uses them to create parametric insurance products underwritten by a locally licensed insurance company. Farmers can also benefit from OKOs weather alerts, farming tips, and access to affordable microcredit. OKO bundles services including a weather-based index insurance product, tools for distribution and customer education, and an automated policy management platform. OKO won the Orange Social Venture Prize in 2019 and the ITU SME Competition in 2020 and has been listed as one of the Inclusive Fintech 50 by MetLife Foundation and Visa.
Funding history · 7 rounds · $2.3M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is OKO's primary business activity?
- OKO provides crop insurance to smallholder farmers using satellite and mobile technology. They create parametric insurance products based on weather data and offer services like weather alerts and farming tips.
- Where is OKO headquartered and where does it have additional offices?
- OKO is headquartered in Tel Aviv-Yafo, Israel, and also has an office in Luxembourg.
- Which geographic markets does OKO currently operate in?
- OKO operates in Mali and Uganda.
- When was OKO founded?
- OKO was founded in April 2018.
- What was OKO's most recent funding round, and who was the lead investor?
- OKO secured an Undisclosed round in October 2025, with Catalyst as the lead investor.
- Which investors participated in OKO's Seed round in April 2021?
- OKO's Seed round in April 2021 included investments from Mercy Corps Venture, Newfund Capital, and ResiliAnce.
- How many employees does OKO currently have?
- OKO currently has 39 employees.
- What was the total amount of grants received by OKO from the IIA in 2019?
- In 2019, OKO received a total of $342,839 in grants from the IIA across four separate awards.
- What award did OKO win in 2019?
- OKO won the Orange Social Venture Prize in 2019.
- When did OKO partner with Allianz for microinsurance?
- OKO partnered with Allianz for microinsurance in August 2019.