MyCover.ai

Active#33 worldwide · Embedded insurance

Estimated valuation · Embedded insurance · Nigeria

Offers an embedded insurance API and marketplace that lets African fintechs, banks and merchants sell health, device, travel and motor insurance from multiple insurers inside their apps.

Fintech›Embedded insurance mycover.ai

HQNigeria

Last roundPre-seed · Jul 2023

Estimated valuation

AI · Embedded insurance ranking (worldwide)

≈ USD 6.5MUSD 4.3–9.7M · Millions $

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Pre-seed · USD 1.2M · Jul 2023

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Embedded insurance · worldwide	Top 33	#33	Edition 0 · Oct 2026	20 Dec 2026

Rank historyOct 2026 · #33 Embedded insuranceFirst edition: no movements yet.

Funding history

Date	Round	Amount	Type	Investors
Jul 2023	Pre-seed	USD 1.2M	Equity	—

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

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Back MyCover.ai whether or not it has agreed: your intention joins the pool on MyCover.ai, passed to the Fundraising Desk of its country once it reaches critical mass. Backing on Uback (pronounced “you back”) means declaring an Interest (free) or an Intention (coming soon). Backing does not mean that this company is raising funds or that a shareholder is selling shares, and it is not a commitment to invest. Any deal, through a funding round or a sale by an existing shareholder, is handled by a partner desk: the Fundraising Desk of the country for a round, the Secondary Sales Desk assigned to the company for a sale.

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What the AI reads

Read by the AI at the next edition.

Comparable companies in embedded insurance

Full embedded insurance ranking →

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Last updated: Oct 2026Report an error

Uback is a content publisher and an aggregator of non-binding expressions of interest. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.