Qoala Overview
- Year Founded
-
2018
- Status
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Private
- Employees
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361
- Latest Deal Type
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2ndary - Private
- Investors
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32
Qoala General Information
Description
Operator of an insurance technology platform designed to make insurance more accessible and affordable. The company's platform offers omnichannel insurance distribution, embedded insurance capabilities, digital policy management, and claims processing, enabling individuals, businesses, and distribution partners to access and manage insurance with greater convenience and transparency.
Contact Information
Website
qoala.comCorporate Office
- 160 Robinson Road
- Suite 24-09, Singapore Business Federation Center
- Singapore, 068914
- Singapore
Corporate Office
- 160 Robinson Road
- Suite 24-09, Singapore Business Federation Center
- Singapore, 068914
- Singapore
Qoala Timeline
Qoala Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 11. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 10. Later Stage VC (Series C) | 19-May-2024 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series B1) | 25-Jan-2023 | Completed | Generating Revenue | |||
| 8. Early Stage VC (Series B) | 06-Jun-2022 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series A1) | 08-Nov-2021 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A) | 28-Apr-2020 | Completed | Generating Revenue | |||
| 5. Seed Round | 11-Apr-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 19-Apr-2019 | Completed | Generating Revenue | |||
| 3. Seed Round | 26-Mar-2019 | $660K | $660K | Completed | Generating Revenue | |
| 2. Accelerator/Incubator | Completed | Generating Revenue |
Qoala Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | ||||||||
| Series A | ||||||||
| Seed | 265,714 | $10.62 | $10.62 | 1x | $10.62 | 6.27% | ||
| Seed | 263,914 | $2.5 | $2.5 | 1x | $2.5 | 6.23% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Qoala Comparisons
Industry
Financing
Details
Qoala Competitors (4)
One of Qoala’s 4 competitors is Fuse Teknologi Indonesia, a Venture Capital-Backed company based in Jakarta, Indonesia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Fuse Teknologi Indonesia | Venture Capital-Backed | Jakarta, Indonesia | ||||
| Igloo (Other Insurance) | Venture Capital-Backed | Singapore, Singapore | ||||
| PolicyPal | Private Equity-Backed | Singapore, Singapore | ||||
| PasarPolis | Venture Capital-Backed | South Jakarta, Indonesia |
Qoala Signals
Qoala Investors (32)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Crane Venture Partners | Venture Capital | Minority | ||
| MUFG Innovation Partners | Corporate Venture Capital | Minority | ||
| Next Billion Ventures | Venture Capital | Minority | ||
| Ohana Holdings | Family Office | Minority | ||
| Omidyar Network | Impact Investing | Minority |
Qoala Acquisitions (1)
Qoala’s most recent deal was a Merger/Acquisition with Fairdee. The deal was made on 24-Mar-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Fairdee | 24-Mar-2021 | Merger/Acquisition | Financial Software |
Qoala Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Fairdee | Bangkok, Thailand | 2017 |
Qoala FAQs
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When was Qoala founded?
Qoala was founded in 2018.
-
Where is Qoala headquartered?
Qoala is headquartered in Singapore, Singapore.
-
What is the size of Qoala?
Qoala has 361 total employees.
-
What industry is Qoala in?
Qoala’s primary industry is Insurance Brokers.
-
Is Qoala a private or public company?
Qoala is a Private company.
-
What is Qoala’s current revenue?
The current revenue for Qoala is .
-
How much funding has Qoala raised over time?
Qoala has raised $139M.
-
Who are Qoala’s investors?
Crane Venture Partners, MUFG Innovation Partners, Next Billion Ventures, Ohana Holdings, and Omidyar Network are 5 of 32 investors who have invested in Qoala.
-
Who are Qoala’s competitors?
Fuse Teknologi Indonesia, Igloo (Other Insurance), PolicyPal, and PasarPolis are competitors of Qoala.
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