SA’s Lumkani installs shack fire early-warning systems in an additional 20k homes

South African startup Lumkani has installed its early warning fire detection system in an additional 20,000 homes across the country, meaning it has now equipped 40,000 high fire risk homes in several of the country’s informal settlements.

Founded in 2015, Lumkani leverages proprietary hardware and a tech-enabled agent network to provide consumers living in informal settlements with insurance that protects against loss of life, shelter, and assets in the case of a home fire.

The startup, which closed a seed funding round featuring 4Di Capital, Accion Venture Lab and Lireas in June of last year, bundles this insurance product with an Internet of Things (IoT)-connected heat sensor that detects fire in and around homes.

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