What does Kota do?
Kota is a Dublin-based provider of an insurance benefits platform and API that empowers modern businesses to offer employee insurance and retirement benefits through an integrated app and embedded solutions.
How much did they raise?
The company raised $14.5M in its Series A round, led by Eurazeo with participation from EQT Ventures, Northzone, Frontline Ventures, 9Yards, and Plug and Play. This round adds to a total of $22.9M raised to date.
What are their plans for the money?
Kota intends to use the funds to expand its team, increase the variety of insurance carrier partners, and accelerate customer acquisition, which could boost its role as a key internet infrastructure provider in employee benefits.
What have they achieved so far?
Kota is already making strides by integrating with renowned insurance providers such as Vitality, ONVZ, Sanitas, and Allianz Global Care, and its platform is utilized by notable clients including Remote.com, Zoe Health, and Carwow.
