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Qoala

The AI engine Fit Assessment

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Qoala is an insur-tech company using advanced technologies to innovate and simplify insurance in Indonesia, partnering with major firms to enhance customer experience.

Blurb

Qoala is an omnichannel insur-tech company that aims to make insurance universally accessible and easy to use.

HQ Location

Indonesia

Founded

2018

Employees

201 - 500

Total funding raised

$133.86M

Last Funding Event

Series C, $44.86M, March 27, 2024

Smart insights

  • Harshet Lunani (Founder; Building Insuretech in SE Asia) has relevant experience in InsurTech. Harshet worked as Founder and Country Director, Bima Mobile Indonesia at (MILVIK) BIMA (Jan 2013 - Nov 2016)
  • Umar Aziz (VP of Data) worked at Gojek for 2 years (2018 - 2020); at Traveloka for 1.5 years (2014 - 2016)
  • Tommy Martin (Deputy CEO) worked at Traveloka for 1.5 years (2015 - 2017)
  • Wibowo Suhaidi (VP of Finance Planning and Analysis) worked at Gojek for 1.5 years (2018 - 2019)
  • Utkarsh Jain (Senior Vice President of Partnerships) worked at Gojek in various roles, including Head of GoFresh, for a total of 4 years (2018 - 2022)
  • 6m headcount growth: 5%
  • 1Y headcount growth: 7%
  • Headcount-to-last-round ratio: 126.7 employees/$M

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.