
Koala Insurance
French insurtech reinventing travel insurance.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
* | €2.0m | Seed | |
Total Funding | 000k |
EUR | 2020 | 2021 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 243 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
% profit margin | (1490 %) | - | - |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Koala is a fintech company that specializes in developing innovative travel insurance products and services. The company operates in the travel insurance market, serving travel agencies, airlines, and other travel-related businesses. Koala's business model focuses on creating insurance solutions that are free from exclusions, do not require proof, and eliminate lengthy forms, making the process seamless for both clients and their customers. The company leverages advanced technology to automate all its products, ensuring they are proactive and require no proof from the end-users. This approach not only enhances customer satisfaction but also reduces costs and resource allocation for businesses. Koala generates revenue by partnering with travel agencies and other travel-related businesses, offering them tailored insurance solutions that can be bundled with their existing services. The company also collaborates with insurance and reinsurance partners to expand its product offerings and reach. Koala's dedicated support team provides extensive documentation and assistance to ensure smooth integration and operation of their products. The company's mission is to remove bureaucracy from the insurance process, making it fair and simple for everyone involved.
Keywords: fintech, travel insurance, automated, proactive, no exclusions, seamless integration, tailored solutions, customer satisfaction, cost reduction, technology-driven.