About Koala
Today, people are looking for simple, transparent and instant
solutions. Koala exists to meet those needs.
Koala in summary
Since our inception in 2018, Koala has been on a mission to offer peace of mind for the travellers from the moment of their booking, until the moment they return home.
With a deep understanding of the travel industry, Koala has created a host of products tailored to a partners’ business. Each product is curated to peel away the complexity surrounding insurance products. No more proofs, exclusions to worry about.
But that’s not all – we have deep expertise in ensuring that these products are priced to ensure the best balance between revenue generation and risk management. Steadily, we’ve been making our mark as the go-to source for scaling non-seat ancillary travel solutions.
Our milestones
Interviews with travellers,
airlines and travel agencies begin
Member of the Techstars
Accelerator Program
Creation of Koala
First Insurance Product Built
(Koala Flight Disruption)
€2.2M Seed Round fundraising
Koala Flex launched,
in response to market needs during COVID
Launch of Koala Missed Connection
Koala becomes multi-vertical,
supporting flights, trains, buses, stays, etc
€2M Fund raising
Launch of Koala Change for any reason
We are backed by strong investors
Koala raised €2.2M seed round in July 2020 led by:
Our amazing advisors
Air Malta, Brussels Airlines, Caribbean Airlines, DHL
South African Airways,
Air Malta
Ex GCPO Thomas Cook
Product Booking.com
The most innovative
insurers trust us
Koala is backed by well-known insurance players and reinsured by Swiss Re, the world’s leading reinsurance company. We work together to design fair and simple travel insurance matching 21st century expectations.
Our recognition
Best Ancillary Product for Airlines
Ancillary Merchandising Conference 2019
IATA Startup Hotlist 2021
by IATA
Fastest Growing Travel Insurance Brand – France
by Global Brands Magazine 2021
Nominated as Insurtech to watch
by Sifted magazine on recommendations by VCs 2021
