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KOBA Insurance Logo

Pioneering pay-per-KM insurance in Australia.

Fintech

Melbourne

E.S.I.C.

Offer

CSF

Seed

$677,639.60

raised by 289 investors

Min target

Minimum target hit!

CLOSED ON

15 September 2022

Overview

Real-time insurance means you only pay for what you use.

KOBA's mission is to flip car insurance on its head. Our last Birchal round was fully-subscribed and thanks to our early investors, we've since launched connected pay-per-KM insurance in Australia, setting new standards in usage-based insurance.

KOBA works by connecting to your car’s onboard computer, linking your car’s driving data to our phone app. We measure the distance you drive and charge for what you use in real-time. The less KM you drive? The more you save.

Since launch, we're growing 70% month-on-month, are live on 4 comparison sites, covered 35,000+ trips & are recognised as a Top 10 insurtech. We're now back to solidify our first-mover position & offer a fairer car insurance product to help Aussies save.

Meet the team

Directors

Management

Product & Technology

Advisors