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ETAP

ETAP

Private

Last Round

Pre Seed

Apr 19, 2022

Total Funding Raised

$1.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

ETAP is an insurtech company that provides a digital platform for purchasing and managing car insurance with flexible payment plans and behavior-based pricing.

Sector

FinTech

Verticals

InsurTech, Fleet Management, Compliance & Risk

Business Model

B2C

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

insurtechvehicle insurancetelematicsusage-based insurancefleet managementdigital insuranceclaims processingtakafulembedded insuranceUBIpay-as-you-driveauto insurance apprisk profilinginsurance APIAfrican fintech

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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ETAP Comparables

Compare ETAP with similar companies based on industry and business-model similarity.

ETAP comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Curacel
71%
Lami
71%
AXA Mansard Insurance plc
71%

ETAP Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Pre SeedApr 19, 2022

Key People

Founding team and executive leadership

Ibraheem Babalola

CEO

Executive Team

ETAP Investors

Notable investors and investment history

ETAP investors
InvestorRounds
Mobility 54 InvestmentPre Seed
Tangerine LifePre Seed
Graph VenturesPre Seed
Voltron CapitalPre Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors increased 219% MoM, reaching 4.3K.

  • Jul 20, 2026

    Open roles increased to 16, 107% of headcount.

ETAP Filings

Explore SEC and related filing metadata, where available.

ETAP filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about ETAP's valuation, stock price, and market status.

Is ETAP a public or private company?

ETAP is a private company.

What is the current stock price of ETAP?

ETAP is a private company with no public stock price. No recent secondary market data is available.

How much is ETAP worth (valuation)?

Valuation information for ETAP is not publicly available.

Can I buy ETAP stock?

ETAP shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was ETAP's last funding round?

ETAP's most recent funding round was Pre Seed on April 19, 2022.

Who are the main investors in ETAP?

Key investors in ETAP include Mobility 54 Investment.

Will ETAP IPO soon?

No public IPO plans have been announced for ETAP.

How can I track ETAP secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor ETAP's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersLagos
Employee Range13
Year Founded2021
Last FundingApr 19, 2022

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