Founded
    2018
    Headquarters
    Manila, Philippines
    Stage
    Series C
    Total raised
    US$47M
    From recorded rounds

    Overview

    Qoala is a Southeast Asian insurtech that makes protection simple, affordable and accessible through technology and embedded distribution. Operating across Indonesia, Malaysia, Thailand, Vietnam and the Philippines, Qoala partners with insurers and digital platforms to offer bite-size, relevant cover — from gadget and merchandise protection to extended warranties — at the point of purchase. In the Philippines it powers embedded "checkout protection," including a partnership with lending app Skyro that lets shoppers add device and purchase cover as they buy. Founded in 2018, Qoala is backed by PayPal Ventures, MassMutual Ventures and MUFG.

    Products

    • Embedded insurance
    • Gadget Protection
    • Merchandise Protection
    • Extended Warranty

    Serves

    ConsumersDigital platforms

    Funding and ownership

    Total raised

    US$47M

    Sum of recorded funding rounds

    Stage

    Series C

    Parent organisation: Qoala (Singapore / Indonesia)

    Investors and shareholders

    PayPal VenturesMassMutual VenturesMUFG Innovation PartnersFlourish Ventures

    Figures are calculated from the funding rounds recorded for this company.

    People

    • Harshet LunaniCo-founder & CEO
    • Tommy MartinCo-founder & Deputy CEO

    Licences and certifications

    • Insurance distributed via IC-licensed insurer partnersCertification

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