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Hala Insurance logo — Home & Car Insurance

Hala Insurance

Home & Car Insurance

Founded 2018 United Arab Emirates United Arab Emirates 22 employees Series A Total: $6.80M Insurance

General Information

Company Name Hala Insurance
Founded Year 2018
Location United Arab Emirates United Arab Emirates
Founders / Decision Makers
Team member Team member
Employees 22
Industries Insurance
Funding Stage Series A
Social

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About Hala Insurance

Hala is an insurance startup based in the United Arab Emirates. Established in 2018, the company offers a solution for home and car insurance with a focus on wide coverage, exceptional customer support, and a smooth transparent process. The company's slogan, "Home & Car Insurance," emphasizes its core offerings.

The latest milestone for Hala came in the form of a $5.00M Series A investment on 29 August 2021. This investment round was backed by notable investors such as 500 Startups, Global Founders Capital, Entrée Capital, EQ2 Ventures, Mubadala Capital, and Oryx Fund.

With its recent funding, Hala is well-positioned to further establish itself in the insurance industry and expand its offerings, providing a simple and cost-effective way for individuals to purchase insurance policies. The company's strong investor base signifies confidence in its potential for growth and innovation within the sector.

Taxonomy: Insurtech, Technology, MENA, Online insurance, Home insurance, Car insurance, Affordable insurance, Customer support, Transparent process, Disruptive business, Startup, Investment, Digital transformation

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $5.00M 6
500 Startups Global Founders Capital Entrée Capital
500 Startups, Global Founders Capital +4
29 Aug 2021
Seed Round $1.80M 4
500 Startups Entrée Capital Oman Technology Fund
500 Startups, Entrée Capital +2
24 Feb 2020
Non Equity Assistance Undisclosed -
01 Nov 2018

Hala Insurance Alternatives & Competitors

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FAQ About Hala Insurance

Home & Car Insurance
Hala Insurance was founded in 2018.
Hala Insurance is headquartered in United Arab Emirates.
Hala Insurance operates in Insurance. Its work centres on Insurtech, Technology, MENA and Online insurance.
Hala Insurance has approximately 22 employees.
Hala Insurance has completed 3 funding rounds, raising a total of $6.80M. The latest funding stage is Series A.
Top alternatives and competitors to Hala Insurance include BizInsure, KOBA Insurance, Covr Financial Technologies, HUB International Mid-Atlantic Inc., Rockville Insurance , Urban Jungle Insurance. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Hala Insurance and BizInsure are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Hala Insurance, https://bouncewatch.com/company/hala, updated 13 November 2024. When citing, please name BounceWatch and link this page.

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