Qoala Raises US$ 65M in Series B Funding

LeftTo the right Harshet Lunani(CEO) FounderThis is Qoala) and Tommy Martin(COO and CoFounder of Qoala)

Qoala, Jakarta, IndonesiaStartup insurtech based in Silicon Valley, raised US$65M in Series B funding.

TheRound was led by Eurazeo.

TheThe company plans to use the funds for business growth and expansion.

LedBy CEO Harshet LunaniCOO Tommy Martin, QoalaA technology startup that aims socialize insurance through product development and machine-learning-based claim processes. TheCompany is a business inThree countries Indonesia, Malaysia, Thailand offering various insurance protections, ranging from health, motor vehicle, property, personal accident, and other needs that can be accessed transparently through the application or website.

QoalaOver 50,000 insurance marketers have been acquired by the company. The platform is supported by more than 50 insurers and allows them to sell insurance from multiple insurance companies and manage pre-sale as well as post-sale services. ItThrough its partnerships, it also offers innovative micro-insurance products Traveloka, Redbus, DANA, JD.ID, Shopee, Kredivo InvestreeAmong other things.



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