Coya

Berlin, Germany Founded: 2016 • Age: 10 yrs Acquired By Luko
Usage-based insurances are delivered via an online platform.
Annual revenue - Latest available
Total funding $40.0M 2 rounds
Employees 54 Tracked headcount
Investors 10 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Coya

Coya is a company based in Berlin (Germany) founded in 2016 was acquired by Luko in January 2022. Coya has raised $40 million across 2 funding rounds from investors including Luko, Valar Ventures and Yabeo. The company has 54 employees as of December 31, 2020. Coya operates in a competitive market with competitors including Teraki, Webfleet, Joonko, EMIL and Bike ID, among others.

  • Headquarter Berlin, Germany
  • Employees 54 as on 31 Dec, 2020
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$9.55 M (USD)
    -126
    as on Dec 31, 2018
  • EBITDA
    Not available
  • Total Equity Funding
    $40 M (USD)

    in 2 rounds

  • Latest Funding Round
    $30 M (USD), Series A

    Jun 05, 2018

  • Investors
    Luko

    & 9 more

  • Employee Count
    54

    as on Dec 31, 2020

  • Acquired by
    Luko

    (Jan 20, 2022)

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People of Coya

Headcount 50-200
Employee Profiles 43
Employee Profiles
People
Michael Oberste
Chief Insurance Officer (CIO)
People
Dr. Michael Oberste
Chief Insurance Officer (cio)
People
Christian Wiens
CEO & Founder
People
Michael Schmidt
Claims Handler

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Funding Insights of Coya

Coya has successfully raised a total of $40M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Coya

Coya has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Luko, Valar Ventures and Yabeo.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Global investments in tech sectors are conducted by Valar Ventures.
Locked Locked Locked
Early-stage tech investments in Germany are targeted by Yabeo.
Locked Locked Locked
Venture capital firm focused on early stage companies
Locked Locked Locked
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Investor details for Coya

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Investments & Acquisitions by Coya

Investments
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Investment portfolio details for Coya

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Financial Statements - Coya

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Detailed financials for Coya

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  • Profit trends
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Coya Comparisons

Coya Primary company
Description
Usage-based insurances are delivered via an online platform.
Location
Berlin, Germany
Founded Year
2016
Annual Revenue
Not available
Net Profit
-$9.55 M (USD)
EBITDA
Not available
Employees
54
As of 2020
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Peer comparison for Coya

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Coya

Coya operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Teraki, Webfleet, Joonko, EMIL and Bike ID, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
An AI-enabled edge processing platform for automotive sensors is provided.
Locked Locked Locked
Provides cloud-based fleet management software solutions.
Locked Locked Locked
Online auto insurance is offered via a digital platform.
Locked Locked Locked
Usage-based auto insurance with liability and comprehensive options is offered.
Locked Locked Locked
Full-coverage bicycle insurance is provided via a mobile platform.
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Detailed competitors of Coya

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Latest news on Coya

Luko buys Coya and becomes an insurer
Newsassurancespro4 years ago
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Complete news archive for Coya

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Frequently Asked Questions about Coya

Coya was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Coya is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Coya is a funded company, having raised a total of $40M across 2 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Coya is 54.

Coya was established in 2016 in Berlin, Germany, within the insurtech sector. An online platform is maintained to deliver usage-based insurance options. Services encompass coverage for bicycles, e-bikes, dog liability, household contents, and personal liability. Risks addressed include theft, fire, storm and hail, water damage, burglary, and robbery. Policies are structured for monthly customization to fit user needs.

Coya's top competitors include Teraki, EMIL and Joonko.

Coya has 10 investors. Key investors include Luko, Valar Ventures, Yabeo, La Famiglia, and Headline.

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