OKO

The company provides effective, affordable insurance to farmers in emerging markets and delivers instant claim settlement, paid on mobile.

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About Us

OKO designs and distribute automated crop insurance for smallholder farmers. The company is using new technologies in earth observation and mobile payments to simplify and automate claim management, thus creating low-cost crop insurance for smallholder farms.
Its team combines expertise in micro-insurance, distribution in emerging markets, and risk management.

Relevant Challenges

Prediction, Risk Assessment and Monitoring

Tools with high spatial and temporal resolution for event prediction and risk assessment, including now-casting for short-term forecasts, warnings and real-time alert and monitoring systems.

Disaster Management and Aid Mobilization

Tools to improve quality and speed of event management, information sharing, cooperation between stakeholders, response measures, rescue operations and safety of emergency responders.

Reduce Land Footprint

Reducing land footprint by improving crop yields, increasing nutritional content, and implementing novel farming systems such as vertical, urban and aquaponic farming as well as insect and algae farms.

Climate Positive Investment Platforms

Impact investing platforms, marketplaces for carbon credits and blended finance products for projects with environmental benefits, such as renewable energy development, energy efficiency upgrades, and sustainable infrastructure projects.

Year Founded:
2018
Country:
Israel
Funding Stage:
A
Product Stage:
First Paying Customer to Multiple Customers
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