Kota raises $14.5 million

Kota , a startup building embedded infrastructure for insurance benefits, has raised a $14.5 million Series A led by Eurazeo, with participation from EQT Ventures, Northzone, Frontline Ventures, 9Yards, and Plug and Play. The raise brings Kota’s total funding to over $22 million.

In parallel, Kota has secured authorization from the Central Bank of Ireland as an insurance intermediary, expanding its regulatory footprint across the UK and EEA.

Founded in 2022, Kota offers a platform that connects employers, HR/payroll systems, and insurers to simplify benefit administration. The company cites inefficiencies in the traditional benefits landscape and aims to streamline access, improve understanding, and reduce cost through direct integrations with carriers.

Kota supports platforms like Remote and Helios and claims over 150 clients. The new capital will be used to expand carrier integrations and enhance core product capabilities.