Founded in 2018, Qoala is an omnichannel insuretech company, with a purpose to democratize, empower and redefine insurance for customers. Qoala believes in order to redefine insurance, it takes all stakeholders to be involved. Hence, Qoala is committed to provide the upmost value to all of its stakeholders including insurance partners, customers and regulators. Today, backed by prominent investors, Qoala is operating in four countries in Southeast Asia - Indonesia, Malaysia, Vietnam, and Thailand - and moving closer towards our goal to make insurance accessible and affordable for all.
Qoala is also:
1. Qoala App: a digital insurance marketplace that gives its users the peace of mind from unexpected financial risks
2. Qoala Plus: a digital solution that enables our Mitras to sell various insurance products
3. Qoala for Enterprise: a corporate insurance solution that enables our partners to save on average 25% on insurance cost structure and earn additional income stream with our state-of-the-art technology
At Qoala, we are committed to building a diverse and inclusive workforce of highly talented and ambitious individuals, with a data-driven mindset. Join our growing community of product driven, tech enthusiasts and growth minded individuals with strong insurance and eye towards the needs of customers and other stakeholders, with varying experiences from leading insurance industry players, leading tech giants, management consulting and many more.
Qoala is working with PT Mitra Jasa Pratama as an insurance broker that is registered and monitored by OJK with a registration number: KEP-7767/MD/1986.
Copyright © 2021 Qoala.
Location: Indonesia, Jakarta Special Capital Region
Employees: 201-500
Total raised: $119.5M
Founded date: 2018
Investors 2
Date | Name | Website |
01.06.2022 | Strive | strive.vc |
- | Salt Ventu... | saltventur... |
Funding Rounds 3
Date | Series | Amount | Investors |
18.04.2024 | Series C | $47M | - |
28.03.2023 | Series B | $7.5M | - |
12.05.2022 | Series B | $65M | - |
Mentions in press and media 11
Date | Title | Description | Source |
18.04.2024 | Qoala Raises $47M in Series C Funding | Qoala, a Jakarta, Indonesia-based omnichannel insurtech company, closed its USD47m Series C funding.... | finsmes.co... |
26.03.2024 | Why PayPal’s VC arm is betting on Qoala despite the insurtec... | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for... | techinasia... |
31.07.2023 | Insurtech firm Qoala lays off 80 employees in Indonesia, Mal... | FintechNewsStartups Gabriel Budi Sutrisno · 1 Aug 2023 · 1 min readInsurtech firm Qoala lays off 80 ... | techinasia... |
11.07.2023 | SEA fintech sector hits funding slump in H1 23, but insurtec... | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for... | techinasia... |
28.03.2023 | Insurtech firm Qoala raised $7.5 M in Series B extension rou... | The European firm responsAbility Ventures sponsored a series B extension round in which the Indonesi... | incubees.c... |
28.03.2023 | Indonesian Insurtech Qoala Extends Series B With US$7.5 Mill... | Indonesian insurtech startup Qoala announced the close of it US$ 7.5 million Series B+ funding round... | fintechnew... |
03.01.2023 | Indonesian insurtech startup Qoala raises $5.4m more in Seri... | Qoala, an Indonesia-based insurtech startup, has raised $5.42 million more in its extended Series B ... | dealstreet... |
13.05.2022 | Startup Wire | All Falls Down | Hi everyone. Taro here. Our entire team was recently busy with organizing an event, and I wasn’t pay... | kr-asia.co... |
12.05.2022 | Qoala Raises US$ 65 Million in Series B, Clocking 30X Busine... | Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several exist... | en.prnasia... |
12.05.2022 | Qoala Raises US$ 65M in Series B Funding | Left to right: Harshet Lunani (CEO and Founder of Qoala) and Tommy Martin (COO and Co-founder of Qoa... | finsmes.co... |
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