Kota
About Kota
Kota provides a centralized platform for managing employee benefits across over 30 countries, integrating with existing HR tools to automate enrollment and payroll processes. This solution eliminates the complexity of setting up compliant benefits and reduces costs by bypassing traditional brokers, allowing companies to efficiently manage their global workforce's needs.
```xml <problem> Managing employee benefits across multiple countries is complex, requiring HR and finance teams to navigate varying regulations, providers, and administrative processes. Traditional brokers often add to costs with hefty setup fees and retainers, while manual processes lead to errors and reconciliation challenges. </problem> <solution> Kota offers an all-in-one platform that simplifies global employee benefits management by integrating with existing HR tools to automate enrollment, reporting, and payroll reconciliation. The platform enables companies to set up fully compliant and benchmarked benefits across borders, including health insurance, workplace pensions, and life assurance. By bypassing traditional brokers and directly connecting with local providers, Kota reduces costs and centralizes control, providing a streamlined experience for both employers and employees. Employees can personalize their benefits through a dedicated mobile and web app, with access to end-user support to handle queries. </solution> <features> - HRIS integration for automated employee data synchronization and streamlined enrollment - Global benefits coverage across 30+ countries, ensuring compliance with local regulations - Direct access to local and global insurance and pension providers, eliminating broker fees - Employee mobile and web app for personalized benefit selection and management - Automated reporting and payroll reconciliation for accurate and consolidated payments - Multi-layer encryption and ISO27001:2022 compliance to ensure data security - Daily automated data backups and disaster recovery procedures - HTTP Strict Transport Security (HSTS) to enforce HTTPS for all requests </features> <target_audience> Kota targets HR and finance teams at companies with employees in multiple countries, ranging from startups to mid-sized businesses, who seek to streamline benefits administration, reduce costs, and improve employee engagement. </target_audience> <revenue_model> Kota uses a tiered SaaS pricing model, with a base monthly platform fee for startups and a per-employee monthly fee for scale-ups and mid-market companies; custom pricing is available for larger enterprises. </revenue_model> ```
What does Kota do?
Kota provides a centralized platform for managing employee benefits across over 30 countries, integrating with existing HR tools to automate enrollment and payroll processes. This solution eliminates the complexity of setting up compliant benefits and reduces costs by bypassing traditional brokers, allowing companies to efficiently manage their global workforce's needs.
Where is Kota located?
Kota is based in Dublin, Ireland.
When was Kota founded?
Kota was founded in 2022.
How much funding has Kota raised?
Kota has raised 7870000.
Who founded Kota?
Kota was founded by Luke Mackey.
- Luke Mackey - Founder/CEO
- Location
- Dublin, Ireland
- Founded
- 2022
- Funding
- 7870000
- Employees
- 79 employees
- Major Investors
- EQT Ventures