Qoala Raises Us$ 65 Million In Series B, Clocking 30X Business Growth Since Series A
05/12/22, 11:39 AM
Location
jakartaMoney raised
$65 million
Industry
insurance
Round Type
series a
Entering 2022, Indonesian insurtech startup Qoala, has successfully raised Series B funding of US$ 65 million. The company distributes retail insurance products to consumers for car, bike, home, and health through its omnichannel platform. Based in Indonesia, the platform has successfully expanded to Thailand and Malaysia in 2021, strengthening Qoala's commitment to make insurance accessible, easy to understand, and help consumers better with their claims.
Company Info
Location
jakarta, dki jakarta, indonesia
Additional Info
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.