Qoala

Insurance simplified for you so you can live your life to the fullest.

General Information
Company Name
Qoala
Founded Year
2018
Location (Offices)
Indonesia +3
Founders / Decision Makers
Number of Employees
382
Industries
Blockchain, Financial Services, Fintech +2
Funding Stage
Series C
Social Media

Qoala - Company Profile

Qoala is an insurtech startup founded in 2018 with a mission to simplify and democratize insurance for customers in Southeast Asia. The company operates as an omnichannel insurance platform across Indonesia, Malaysia, Vietnam, and Thailand. Its offerings include the Qoala App, a digital insurance marketplace, Qoala Plus, a digital solution for selling various insurance products, and Qoala for Enterprise, a corporate insurance solution. Qoala is also committed to building a diverse and inclusive workforce and is dedicated to providing value to all stakeholders including insurance partners, customers, and regulators. With its latest $47.00M Series C investment secured on March 27, 2024, Qoala is backed by prominent investors such as AppWorks, MassMutual Ventures, MUFG Innovation Partners, Omidyar Network, Euazeo, Flourish Ventures, PayPal Ventures, and Ohana Holdings. The company's focus on leveraging technology to make insurance accessible and affordable for all and its strategic expansion in the Southeast Asian market make it an attractive prospect for potential investors. Qoala's commitment to innovation, diverse talent pool, and its strong foothold in the region position it as a promising player in the evolving insurtech landscape.

Taxonomy: insuretech, omnichannel, digital insurance marketplace, insurance technology, Southeast Asia, startup, insurance industry, insurance solutions, datadriven, diverse workforce, inclusive workplace, insurance broker, tech-driven

Funding Rounds & Investors of Qoala (6)

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Funding Stage Amount No. Investors Investors Date
Series C IDR713.30B 8 PayPal Ventures, Ohana Holdings 27 Mar 2024
Series B $7.50M 4 03 Jan 2023
Series B $65.00M 10 MMV Europe & Asia-Pacific 12 May 2022
Series A $13.50M 10 MMV Europe & Asia-Pacific 28 Apr 2020
Seed Round $3.00M 4 MMV Europe & Asia-Pacific 19 Apr 2019

View All 6 Funding Rounds

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