Tommy Martin is a co-founder of Qoala, an insurtech company based in Jakarta. He launched it in 2018 with Harshet Lunani, who is the CEO.
Qoala raised a Series A in April 2020. In February 2021 it acquired FairDee, a business in Thailand, as it pushed embedded insurance across several Southeast Asian markets.
In May 2022 it closed a $65 million Series B led by Eurazeo, with Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India.
In March 2023 it raised a $7.5 million Series B+ led by responsAbility.