UBI player Koba has crowdfunded $547,000 having opened its funding round in July of this year in partnership with Birchal. The insurtech allows customers to pay a standard rate to insure their care while parked and following that, only pay for the distance they drive. “This is our second raise, and once again, we’re being overwhelmed by the support and grateful to our new shareholders,” said KOBA founder Andrew Wong, adding that this funding round aims to help scale awareness of its pay-per-km car insurance among early adopters, build partnerships with car manufacturers to offer connected insurance, continue evolving the app experience, and build new data-driven insurance products.

Source: Insurance Business Mag

Contact Us

Thank you for your interest in ITC Europe! We look forward to hearing from you. Contact us below with general inquiries.

Name(Required)
I am interested in:(Required)
Business Communications Consent(Required)
Privacy Policy Consent(Required)

Register Your Interest

Sign up now to be the first to hear when tickets are available, find out who gets added to the European line-up, and keep on top of latest industry news and insights.  

Name(Required)
I am interested in:(Required)
Business Communications Consent(Required)
Privacy Policy Consent(Required)