Kota Funding News- Irish HRTech Startup Kota Raises $14.5M In Series A Round

Along with the Series A round, Kota has also received authorisation from the Central Bank of Ireland, making it one of the few regulated tech platforms in this space.

Kota is rethinking employee benefits from scratch. Today, millions miss out on basics like pensions and healthcare because the system is broken.

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Outdated providers, clunky PDFs, and manual steps make benefits hard to access and manage. Kota solves this.

Kota offers a modern, user-focused platform for employee benefits. It connects directly with insurers and pension providers, giving employees real-time access and control, while HR teams manage everything from one reliable system.

With its regulatory approval, strong infrastructure, and easy-to-use app, Kota makes benefits simple for HR and Finance—and more engaging for employees.

The funding will help Kota grow its team, add more insurance partners, and attract more customers faster.

Luke Mackey, Founder and CEO, said: “Employee benefits, which can make up 25 per cent of total compensation, are systematically undervalued and expensive.”

As a founder and GM, he saw firsthand how managing benefits through emails with brokers and insurance companies was completely disconnected from the rest of the business.

“It's entirely out of date. Ultimately, no one on the team connected or engaged with them, no matter how much we invested.

It's not surprising. Insurance benefits are delivered in clunky portals or in PDFs, which is so unengaging compared to the financial experiences employees are used to.”

Kota connects directly with insurance companies, making it easy to offer and manage benefits, no matter who you are or where your team works.

“This means that employees can quickly understand, enrol, access coverage, retirement plans, or other benefits, and actually value them.”

Eurazeo led the funding round, joined by existing investors EQT Ventures, Northzone, Frontline Venture, and new investors 9Yards and Plug and Play.

According to Elise Stern from Eurazeo, with Kota’s tech-first approach, they’ve built a robust technical and financial infrastructure: “deep integrations with insurers across dozens of countries, visibility across the benefits stack, and a seamless API that allows partners— from HRIS to payroll—to embed benefits natively.”

Since starting in 2023, Kota has helped hundreds of small and medium businesses easily access and manage benefits, helping tens of thousands of employees understand and appreciate their coverage.

Last year, they launched Kota Embed, which lets HR platforms offer insurance benefits directly inside their HR or Payroll tools.

The new investment will support Kota’s goal to make employee benefits easy and accessible worldwide, using its simple platform and flexible API.

About Kota

Kota is the go-to platform for modern companies to manage insurance and retirement benefits. Founded in 2022, it makes it incredibly simple to set up and manage employee benefits across the globe.