Qoala

Madrid, Spain Founded: 2020 • Age: 6 yrs
Cashback services are provided for online shopping in stores.

About Qoala

Qoala is a company based in Madrid (Spain) founded in 2020 by Koen Goudriaan. It operates as a Commission-Based. Qoala has raised $2.02 million across 2 funding rounds from investors including Crowdcube, Telefónica and Media Digital Ventures. Qoala offers products and services including Cashback Service. Qoala operates in a competitive market with competitors including Rakuten, Méliuz, Fave, ShopBack and Pogo, among others.

  • Headquarter Madrid, Spain
  • Founders Koen Goudriaan
  • Sectors
    Retail
  • Email
    ••••••••
  • Website joinqoala.com
  • Social LinkedIn
Key Metrics
  • Total Equity Funding
    $2.02M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.59M (USD), Seed

    Oct 2022

  • Investors
    Crowdcube

    & 5 more

Products & Services of Qoala

Qoala offers a comprehensive portfolio of products and services, including Cashback Service.

Cashback Service
Financial Service

Cashback is offered on purchases in numerous stores.

Funding Insights of Qoala

Qoala has successfully raised a total of $2.02M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.59 million completed in October 2022. 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 $2.02M
  • Total Rounds 2
  • Last Round Seed — $1.59M
  • First Round $431,630

    (Mar 2022)

  • Investors Count 6

All 2 funding rounds of Qoala with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022$1.59MSeed–DraperB1, Media Digital Ventures
Mar 2022$431,630Seed––
–
Valuation history

6 investors in total: 5 institutional and 1 angel.

Investors in Qoala

Qoala has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Crowdcube, TelefĂłnica and Media Digital Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
-
–draperb1.vc-
Investments are made in seed-Series B companies by Antai Ventures.
–antaiventures.comBarcelona, Spain
Digital media ventures are developed and managed in Spain.
2014mediadigitalventures.comBarcelona, Spain
Equity crowdfunding is enabled for startups and growing businesses.
2010crowdcube.comExeter, United Kingdom
Mobile and fixed-line telephony services are provided globally by Telefonica.
1924telefonica.comMadrid, Spain

Andreas Mihalovits

Global angel investor, mentor, focused on tech startups, active in India.
–unknown_50f72f55620f4b0b8-
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Investor details for Qoala

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
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People of Qoala

4 people are tracked at Qoala (3 in leadership, 1 in team).

NameRoleGroup
Koen Goudriaan
Co-FounderLeadership
Ignacio Muñoz Ruiz de Azúa
Fractional CFOLeadership
Harshet Lunani
CEO and Co-FounderLeadership
Karen Speltini Reigenborn
Contable Y ControllerTeam
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Complete people profiles for Qoala

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
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Timeline of Qoala

3 dated milestones of Qoala across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Qoala is founded.
  2. Funding First funding round of $432K.
  3. Funding Latest funding round, Seed, of $1.6M.

Competitors of Qoala

Qoala 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 Rakuten, Méliuz, Fave, ShopBack and Pogo, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
global.rakuten.com1997Setagaya, Japan–1,601
Internet services in e-commerce, finance, and digital content are operated.
meliuz.com.br2011Belo Horizonte, Brazil$40,000–
Loyalty site which offers cash redemption
myfave.com2015Kuala Lumpur, Malaysia$32M–
A lifestyle app for deals and payments in Asia.
shopback.com2014Singapore$331.7M–
Online platform offering rewards and cashback for multi-category products
joinpogo.com2020New York, United States$14.8M–
Pogo is focused on helping users monetize personal data.
qmee.com2012London, United Kingdom$2M44
App-based online platform offering rewards
fanli.com2006Shanghai, China$130M–
Discounts and rebates are facilitated via an online shopping platform.
mypoints.com1996San Francisco, United States$10M262
Online shopping rewards
magicpin.in2015Gurugram, India$104.65M632
Online platform offering discovery of local deals, experiences, and rewards
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Detailed competitors of Qoala

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Qoala

The website of Qoala (joinqoala.com) receives about 8.3K visits a month.

  • Monthly visits
    8.3K

    ▼ 6.3% vs previous month

Similar websites

Websites whose visitors overlap most with Qoala. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
twitch.tv
100%
1.1B#44View details
juegosdelamesaredonda.com
juegosdelamesaredonda.com
36%
–#194,270–

Latest news on Qoala

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Complete news archive for Qoala

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  • Source and publication date
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  • Brand-specific news history

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Similar companies to Qoala

10 companies that operate in the same segment as Qoala (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cashback is provided on multi-category product purchases via mobile app.
2012Denver, Colorado, United StatesUSD 97.58 MUSD 342.39 M886
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Online group-buying platform offering coupons for multi-category products and services
2010Beijing, ChinaUSD 9.86 BUSD 47.13 B–
Online platform for discovering and booking hotel accommodations at discounted prices
2016San Francisco, California, United StatesUSD 226.3 M––
Promotion-based circulars are digitized for retailers via an app-based solution.
2006Toronto, Ontario, CanadaUSD 78 M–358
Cashback is provided on multi-category products through an app-based platform.
1997San Francisco, California, United States–USD 15.96 B29,330
Cashback and coupon offers are provided for e-commerce shopping.
–Gurugram, Haryana, IndiaUSD 32.61 M––
Honey is recognized for providing automatic coupons and deals online.
2012Pasadena, California, United StatesUSD 9.8 M––
Cashback is provided automatically through app on diverse purchases.
2016Austin, Texas, United StatesUSD 87.36 M–78
Online platform offering rewards and cashback for multi-category products
2014Singapore, SingaporeUSD 331.7 M––
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Frequently Asked Questions about Qoala

Qoala was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Qoala is headquartered in Madrid, Spain. It is registered at Madrid, Madrid, Spain.

Qoala is a funded company, having raised a total of $2.02M across 2 funding rounds to date. The company's 1st funding round was a Seed of $431.63K, raised on Mar 2022.

Cashback services are provided by Qoala for purchases made in thousands of online stores. Savings of up to 5 are offered along with a 10 bonus for new registrations. The focus is placed on delivering financial benefits to consumers through partnerships with various retail outlets.

Qoala's top competitors include magicpin, ShopBack and Méliuz.

Qoala offers Cashback Service.

Qoala has 6 investors. Key investors include Crowdcube, TelefĂłnica, Media Digital Ventures, DraperB1, and Andreas Mihalovits.

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