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Mubadala joins investors in $5m backing of InsurTech start-up Hala
Abu Dhabi-based insurance technology start-up Hala raised $5 million in a funding round led by Entree Capital, with participation from Mubadala Investment Company, EQ2 Ventures, Global Founders Capital, 500 Startups and Hambro Perks Oryx Fund.
Hala the UAE-based InsurTech raises $5M Series A
Launched in 2018, Hala set forth on a mission to reconcile payments between motor insurance companies in the UAE using blockchain. In the last quarter of 2020, Hala switched gears and shifted efforts to revolutionize and disrupt the Insurtech industry by making insurance lovable, affordable, and accessible.
UAE’s Car Insurance Startup Hala Raises $5M In Series A Round, Plans Expansion Into Saudi Arabia
Abu Dhabi-based Insurtech startup, Hala, announced it has raised $5 million in Series A round, led by Entrée Capital. Mubadala Investment Company, EQ2 Ventures, Global Founders Capital, 500 Startups, and Hambro Perks Oryx Fund also participated in the round.
Ever think insurance could have a heart? 5 Reasons why Hala is UAE’s most people-obsessed Insurtech startup
Hala doesn’t think the customer comes first, ironically. Culture does. Happiness starts at home, if the people are happy at their 2nd home, then, like energy, it will be seen in the work they do and the customers they face. In the end, the needs between colleague and manager are analogous to that of a customer and a brand.
In The News: Hala Raised $5 Million in Series A Investment Round
Hala Insurance based in the UAE capital, Abu Dhabi, announced that it has raised $5 million in an investment round (Series A) with the participation of Mubadala, 500Startups, EQ2 Ventures, as well as Global Founders Capital, Hambro Perks Oryx Fund, and other investment entities.
Abu Dhabi-Based Insurtech Startup Hala Raises US$5M In Series A Round To Expand Across The Middle East
With the new capital infusion, the team plans to launch its new products such as home insurance, as well as scale the enterprise across the Middle East, starting with Saudi Arabia.
The UAE start-up making insurance more ‘tolerable’
Hala is the emerging insurtech start-up that pivoted from serving insurers to serving their customers
Hala Insurance ushers in a new era with a super-instant claims process
By offering automatic approvals for 91% of car repairs in the UAE, Hala Insurance sets a new standard for convenience and speed in the region’s insurance industry.
Hala Insurance offers super instant claims process with 91% approval for car repairs
Hala Insurance – Middle East’s affordable, quick and online home and car insurance company has disrupted the insurance industry again! They are now offering automatic approvals for 91% of car repairs in the UAE. Hala Insurance has set a new standard for convenience and speed in the region’s insurance industry.
Hala Insurance speeds up the car insurance claims process in the UAE
Hala Insurance is leveraging its user-friendly digital platform to simplify the process of filing a claim. Similar to how customers order food delivery on the go, Hala allows policyholders to submit car insurance claims through their mobile phones in just a few taps.
Hala Insurance: Curating exceptional experiences
Insurtechs are harnessing AI and other disruptive technologies to redefine how you interact with insurance. We’re taking a digital-first approach; we make the usual insurance processes as simple as ordering your favourite food online.
Hala Insurance ushers in a new era with a super-instant claims process
The UAE’s #1 fastest-growing Insurtech company, Hala Insurance, is at the forefront of this mission, providing a super-instant claims process with automatic approval for 91% of car repairs.
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