Qoala is a multi-channel insurance company that provides affordable and accessible insurance solutions to give you peace of mind against unexpected financial risks. With an innovative end-to-end platform, Qoala digitally transforms the insurance process, from product distribution to claims processing, using technology, machine learning, and digital-based workflows.
With Qoala, you can easily access a wide range of insurance protections, including life, health, car, property, personal accident, and more. Our transparent and user-friendly application and website, www.qoala.app/id, enable you to explore and purchase insurance plans that suit your needs directly.
Beyond Indonesia, Qoala has expanded its presence to three other countries: Malaysia, Vietnam, and Thailand. Through strategic partnerships and acquisitions, such as the acquisition of insurtech startup Fairdee, Qoala continues to grow and serve customers across borders. We are proud to have over 20 insurance partners and have facilitated over 8 million transactions. Qoala has also established collaborations with renowned brands in Indonesia, including Digimap, Traveloka, GajiGesa, PegiPegi, JD.ID, GrabKios, XL, Uangme, Investree, Akseleran, Redbus, OVO, and many others.
In recognition of our commitment to revolutionizing the insurance industry, Qoala has received significant investments. In May 2022, we secured a Series B funding of US$65 million led by Eurazeo, with participation from existing investors such as Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus, and Sequoia Capital India. New investors including BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia, and Salt Ventures joined our investment round. In March 2023, Qoala successfully completed a Series B+ round, raising US$7.5 million led by Responsibility.
Qoala is dedicated to providing accessible and innovative insurance solutions that empower individuals and businesses to protect themselves from financial uncertainties. Join us on this journey toward a more secure future.