CarTrawler acquires Koala Insurance

CarTrawler , a Dublin-based car-rental and mobility platform, has acquired Paris-based travel insurtech Koala Insurance , marking its entry into the insurance space.

Founded in 2018, Koala has raised $4.76 million across three funding rounds. It offers products such as Cancel For Any Reason coverage, automatic protection for trip disruptions and missed connections, and customizable travel insurance.

CarTrawler plans to integrate Koala’s offerings into its booking flow, promising faster claims, flexible refunds, and improved booking experiences. The move follows CarTrawler’s recent partner wins and €172 million in revenue, with 14% year-over-year growth in booking values and an €8 million investment in AI and data science.