May 22, 12:39 PM

Kota Raises $14.5 Million Series A Led by Eurazeo, Backed by EQT, Northzone, Frontline; Secures Central Bank Authorization

Kota, an Irish HR technology startup focused on improving employee benefits systems, has raised $14.5 million (€12.8 million) in a Series A funding round. The round was led by Eurazeo and included backing from EQT Ventures, Northzone, Frontline, 9Yards Capital, and Plug and Play Tech Center. Kota has also secured authorization from the Central Bank to operate as an insurance intermediary. The platform enables employees to easily access, manage, and better understand their insurance and pension policies. Founded and led by CEO Luke Mackey, who has been involved with the National Digital Research Centre (NDRC) as a mentor since 2021, Kota has raised a total of $22.9 million to date. The company counts Irish tech clients such as Tines, &Open, and Protex AI among its users.

#Kota #Irish #Eurazeo #EQT Ventures #Northzone #Frontline #9Yards Capital #Central Bank #Luke Mackey #National Digital Research Centre #NDRC #Tines #Protex AI

Written with ChatGPT (GPT-4).

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Kota Raises $14.5 Million Series A Led by Eurazeo, Backed by EQT, Northzone, Frontline; Secures Central Bank Authorization

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