About Koala
Koala is a Financial Services company based in Paris (France) founded in 2019 by Ugo Weyl, and was acquired by CarTrawler in August 2025. It operates as an a travel insurance platform is offered for individuals and businesses. It operates on a InsurTech and B2B2C model. Koala has raised $3.95 million across 2 funding rounds from investors including Slimmer AI, CarTrawler and Techstars. Its chief executive is Ugo Weyl. Koala offers products and services including Koala Flex, Koala Trip Disruption, Koala Missed Connection, and Koala Comprehensive. Its focus areas include Insurance and Travel Insurance. Its legal entity is GOLAO SAS.
Company details
Travel insurance solutions are provided by Koala, focusing on fairness and simplicity for the travel industry. Products such as trip cancellation, disruption compensation, missed connection coverage, and comprehensive medical expenses are offered. The company targets travel businesses with tailor-made, automated solutions to enhance customer experience. Technology is leveraged to eliminate bureaucracy, ensuring seamless integration and support. Koala operates within the fintech and insurance sectors, addressing specific travel-related challenges.
- Headquarters Paris, France
- Founders Ugo Weyl
- SectorsFinancial Services
- Website hikoala.co
- Social LinkedIn
- Acquired by CarTrawler (Aug 2025)
- Legal Name Golao Sas
- Total Equity Funding$3.95M (USD)
in 2 rounds
- Latest Funding Round$2.16M (USD), Seed
Mar 2023
- InvestorsSlimmer AI
& 9 more
- Acquired byCarTrawler
(Aug 2025)
Products & Services of Koala
Koala offers a comprehensive portfolio of products and services, including Koala Flex, Koala Trip Disruption, Koala Missed Connection, and Koala Comprehensive.
Trip cancellation allowed for customers for any reason.
Instant compensation provided for disruptions during trips.
Instant compensation offered for missed travel connections.
Medical and repatriation expenses covered for travelers.
Funding Insights of Koala
Koala has successfully raised a total of $3.95M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.16 million completed in March 2023. 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.
- Total Funding $3.95M
- Total Rounds 2
- Last Round Seed — $2.16M
- First Round $1.8M
(Jul 2020)
- Investors Count 9
All 2 funding rounds of Koala with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $2.16M | Seed | – | Insurtech Gateway | |
| Jul 2020 | $1.8M | Seed | – | Insurtech Gateway |
10 investors in total: 8 institutional and 2 angel.
Investors in Koala
Koala has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Slimmer AI, CarTrawler and Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurtech Gateway is focused on incubating and funding insurtech startups. | 2016 | insurtechgateway.com | St. Albans, United Kingdom | |
Collaborative investments are made in transformative technology verticals. | 2021 | uneti-ventures.com | - | |
Vertical AI companies are built by an AI venture studio. | 2009 | slimmer.ai | Groningen, Netherlands | |
A venture capital firm focused on pre-seed investments in Europe. | 2013 | playfair.vc | London, United Kingdom | |
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
Early-stage investment firm based in London is operated. | 2000 | avonmoredevelopments.com | London, United Kingdom | |
Delivers investment management services focused on portfolio construction and risk assessment. | 2015 | sterling-oak.com | Salzburg, Austria | |
CA Chris Adelsbach | UK-based angel investor, active in Indian startups, fintech focus | – | unknown_7dc71dae06cb43b88 | - |
GL Guillaume Lestrade | Co-founder of Meesho, active angel investor in Indian startups | – | unknown_f6ad5c992c1a4a4ba | - |
Provider of car rental and mobility solutions for the travel industry | 2004 | cartrawler.com | Dublin, Ireland |
Investor details for Koala
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Koala
4 people are tracked at Koala (3 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Ugo Weyl | Co-Founder & CEO | Leadership |
Edward G. | CTO | Leadership |
Léo T. | Chief Executive Officer | Leadership |
Selim Bouzouaya | Partnerships Manager - Europe | Team |
Complete people profiles for Koala
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Koala
4 dated milestones of Koala across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Koala is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Seed, of $2.2M.
- Exit Acquired by CarTrawler.
Web traffic of Koala
The website of Koala (hikoala.co) receives about 2K visits a month.
- Monthly visits2K
▼ 25.7% vs previous month
Top companies in Insurance Providers
10 companies that operate in the same segment as Koala (Insurance Providers), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | – | 549 | |
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 | |
Homeowners insurance coverage is delivered via an online platform. | 2015 | Palo Alto, California, United States | USD 709.36 M | USD 468.6 M | 640 | |
Online health insurance is provided to individuals and businesses. | 2012 | New York, New York, United States | USD 1.63 B | USD 11.7 B | 2,908 | |
Insurance plans are compared and purchased via an online marketplace. | 2008 | Gurugram, Haryana, India | – | USD 502.59 M | 31,422 |
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Frequently Asked Questions about Koala
Koala was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Koala is headquartered in Paris, France.
Ugo Weyl is the current CEO of Koala. They have also founded this company.
Koala is a funded company, having raised a total of $3.95M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Jul 2020.
Travel insurance solutions are provided by Koala, focusing on fairness and simplicity for the travel industry. Products such as trip cancellation, disruption compensation, missed connection coverage, and comprehensive medical expenses are offered. The company targets travel businesses with tailor-made, automated solutions to enhance customer experience. Technology is leveraged to eliminate bureaucracy, ensuring seamless integration and support. Koala operates within the fintech and insurance sectors, addressing specific travel-related challenges.
Koala offers Koala Flex, Koala Trip Disruption, Koala Missed Connection, and Koala Comprehensive.
Koala has 10 investors. Key investors include Slimmer AI, CarTrawler, Techstars, Insurtech Gateway, and UNETI Ventures.
Koala operates through Golao Sas.
Yes. Koala was acquired by CarTrawler in August 2025.