Tech Company Financing Transactions
Qoala Funding Round
Qoala, based in Jakarta, scored $47 million from MassMutual Ventures, PayPal and AppWorks Ventures.
Transaction Overview
Company Name
Announced On
3/27/2024
Transaction Type
Venture Equity
Amount
$47,000,000
Round
Series C
Investors
MassMutual Ventures (Lead Investor)
PayPal (Lead Investor) (Alexandros Bottenbruch)
Proceeds Purpose
The new funding "demonstrates market confidence" in the startup's strategy.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
GoWork Standard Chartered, Standard Chartered Tower 2nd Floo
Jakarta, 12930
Indonesia
Jakarta, 12930
Indonesia
Phone
Website
Email Address
Overview
Qoala is the biggest omnichannel InsurTech company in Southeast Asia, with a purpose to democratize, empower and redefine insurance for customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Harshet Lunani
Chief Technical Officer
Martin Hong
Co-Founder
Tommy Martin
Browse more venture capital transactions:
Prev: 3/27/2024: Century Health venture capital transaction
Next: 3/27/2024: Nourish venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs