Brolly, a Ghanaian insurtech startup specialising in affordable car insurance, has been selected for the Summer 2023 cohort of the Techstars accelerator in Tulsa, Oklahoma, securing access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day. The startup has now been accepted into the TechStars Tulsa USA Accelerator programme, one of 12 companies selected from over 300 applicants. In doing so, it secures access to mentorship, US$120,000 in funding and the opportunity to secure further investment at demo day. Brolly is looking to raise a round of funding to power growth in Ghana and expansion to Nigeria. Since soft-launching in Ghana, Brolly has recorded an average customer growth rate of 73 per cent month-on-month, with no marketing spend.

Source: The North Africa Journal May 23, 2023 01:51 UTC