# Qoala funding: rounds and investors

> Qoala has raised $94M across 4 rounds since 2019. Investors include Sequoia Capital, PayPal Ventures and 313 Family Office. Every round with its source.

Source: https://millionrounds.com/company/qoala (Millionrounds; every figure on the page links to its filing or article)

Spain · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Qoala*

4 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Insurtech Martech

Funding summary Updated 26 Oct 2026

**$94M** raised across 4 rounds since 2019, from 4 sources

**$1.5M** Seed **$3K** Crowdfunding **$45M** Series C **$47M** Series C

- **Latest round:** Series C, $47M Jul 2025
- **Led by:** PayPal Ventures and 313 Family Office
- **Investors:** 11 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022 2023 2024 2025

**$1.5M** Seed

**$3K** Crowdfunding

**$45M** Series C

**$47M** Series C

- **First round:** Seed, $1.5M
- **Biggest round:** $47M
- **Usual gap between rounds:** 17 months

## The rounds

- **Jul 2025** Series C **$47M** *3 new* [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) Lead [313 Family Office](https://millionrounds.com/fund/313-family-office-2) Lead [Next Billion](https://millionrounds.com/fund/next-billion) Reported by Next Billion Capital Partners
- **Mar 2024** Series C **$45M** *4 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Peak XV](https://millionrounds.com/fund/peak-xv) [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) [AppWorks](https://millionrounds.com/fund/appworks) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) Source recorded
- **Mar 2023** Crowdfunding **$3K** *3 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Crowdcube](https://millionrounds.com/fund/crowdcube) [Draper B1](https://millionrounds.com/fund/draperb1) Source recorded
- **Apr 2019** Seed **$1.5M** *1 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) Reported by TechCrunch

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Crowdfunding** 2023 **Series C** 2024 **Series C** 2025 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) L [313 Family Office](https://millionrounds.com/fund/313-family-office-2) L [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Crowdcube](https://millionrounds.com/fund/crowdcube) [Peak XV](https://millionrounds.com/fund/peak-xv) [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) [AppWorks](https://millionrounds.com/fund/appworks) [Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) [Draper B1](https://millionrounds.com/fund/draperb1)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds

[PayPal Ventures](https://millionrounds.com/fund/paypal-ventures) Corporate VC **1** round, led 1

[313 Family Office](https://millionrounds.com/fund/313-family-office-2) Family office **1** round, led 1

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Crowdcube](https://millionrounds.com/fund/crowdcube) VC firm **1** round

[Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round

[Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) VC firm **1** round

[AppWorks](https://millionrounds.com/fund/appworks) Accelerator **1** round

[Flourish Ventures](https://millionrounds.com/fund/flourish-ventures-2) VC firm **1** round

[Draper B1](https://millionrounds.com/fund/draperb1) VC firm **1** round

[Next Billion](https://millionrounds.com/fund/next-billion) Growth equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=qoala).

## Also claim to have backed them

These 4 firms list Qoala as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[STRIVE](https://millionrounds.com/fund/strive) VC firm Per its own site

[Next Billion Capital Partners](https://millionrounds.com/fund/next-billion-capital-partners) Growth equity Per its own site

[SeedPlus](https://millionrounds.com/fund/seedplus) VC firm Per its own site

[Indogen Capital](https://millionrounds.com/fund/indogen-capital) VC firm Per its own site

## Quick answers about Qoala

### Who invested in Qoala?

Qoala's investors include Sequoia Capital, PayPal Ventures, 313 Family Office, Plug and Play and Crowdcube, and 6 more on record. PayPal Ventures led its latest round.

### How much has Qoala raised?

Qoala has raised $94M across 4 rounds since 2019.

### When did Qoala last raise?

Qoala's most recent round was a Series C of $47M in Jul 2025, led by PayPal Ventures.

### What was Qoala's biggest round?

Its most recent round, $47M in Jul 2025, is also its largest on record.

### Who backed Qoala first?

Qoala's first round on record, in Apr 2019, was backed by Sequoia Capital.

### What stage is Qoala at?

Qoala's latest named round is a Series C, in Jul 2025.

### Where is Qoala based?

Qoala is based in Spain.

### Who led Qoala's rounds?

PayPal Ventures led the Series C in 2025.

## Companies like Qoala

In the same sector, and raised in the last eighteen months.

[**ID Finance** $684M · Oct 2026](https://millionrounds.com/company/id-finance)[**Tokenized Green** $1.3M · Jul 2026](https://millionrounds.com/company/tokenized-green)[**Kintai** $14M · Jul 2026](https://millionrounds.com/company/kintai)[**Twinco Capital** $422M · Jun 2026](https://millionrounds.com/company/twinco-capital)[**Embat** $35M · May 2026](https://millionrounds.com/company/embat)[**Methinks** $2.6M · Apr 2026](https://millionrounds.com/company/methinks)

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