Korkeasti koulutettujen kassa KOKO

What Korkeasti koulutettujen kassa KOKO does

Korkeasti koulutettujen kassa KOKO is a Finnish statutory unemployment fund (työttömyyskassa) founded in 1969 and headquartered in Helsinki, Finland. The organization provides earnings-related unemployment insurance (ansiosidonnainen päiväraha) to highly educated professionals — including university graduates, engineers, economists, architects, and other degreed professionals — who are members of one of its 16 affiliated trade unions. Coverage extends across unemployment, temporary layoff (lomautus), part-time work with adjusted daily allowance (soviteltu päiväraha), career transitions into entrepreneurship, and international employment scenarios within the EU and Nordic countries. The fund is governed by Finnish unemployment insurance legislation and operates as a member-owned mutual.

KOKO's product surface consists of three core offerings: the core unemployment fund membership providing earnings-related daily allowance payments, the eASIOINTI self-service portal at koko.futunio.fi for online application submission and membership management, and the Päivärahalaskuri (Allowance Calculator) for benefit estimation. The technology is described as non-proprietary standard web infrastructure with no embedded AI/ML, API, or SDK offerings. Member acquisition is driven primarily by the 16 affiliated trade unions (Akavan Yleinen Ryhmä, DIFF, Insinööriliitto, TEK, Ekonomit, Tradenomiliitto, ASIA ry, Key ry, MMA, Ornamo, RIA, SAFA, Suomen Proviisoriyhdistys, RIL, TFiF, Erto) that channel highly educated members to KOKO as their designated unemployment fund. The organization maintains presence on LinkedIn, Facebook, and Instagram, alongside a blog and content marketing on kokokassa.fi.

KOKO operates as a non-profit mutual, with revenue derived from membership fees, government subsidies, and investment returns — specific financial figures are not publicly disclosed. The fund employs 51-100 staff and is led by Panu Lavonen as Financial Director & CFO. Pricing of membership fees is not publicly disclosed. The fund's value proposition centers on higher payout levels relative to basic unemployment benefits, plus human-centered advisory support during unemployment events. Geographic operations are exclusively domestic (Finland), with no expansion signals beyond the existing national footprint.

Name

Korkeasti koulutettujen kassa KOKO

Legal name

Korkeasti koulutettujen kassa KOKO

Website

https://kokokassa.fi

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

51–100 employees

Short description

KOKO is a Finnish statutory unemployment fund (työttömyyskassa) founded in 1969 in Helsinki, serving highly educated professionals through 16 affiliated trade unions by providing earnings-related daily allowance (ansiosidonnainen päiväraha) during unemployment, layoffs, and career transitions.

Ownership category

akta.pro rank

Product category

Unemployment Insurance

NAICS

Insurance and Employee Benefit Funds (5251)

SIC

Life Insurance (6311), Services-Membership Organizations (8600)

akta.pro primary industry

Employee Benefit & Retirement Plan Trust Services (FSAAANAC)

akta.pro secondary industry

Workers’ Compensation Insurance for Staffing/PEO & Contingent Workforce (FSAJAEAE)

Keywords

• Unemployment insurance fund
• Earnings-related benefits
• Social security membership
• Statutory unemployment fund
• Daily allowance payments

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Distribution channels3 records

Marketing channels5 records

Core offering

Korkeasti koulutettujen kassa KOKO is a statutory Finnish unemployment fund (työttömyyskassa) that provides earnings-related daily allowance (ansiosidonnainen päiväraha) to its members during unemployment, temporary layoffs, part-time work, and job transitions. It operates exclusively for highly educated professionals who are members of its 16 affiliated trade unions, combining statutory social insurance with human-centered member service. Members access services through a digital e-service portal, an online allowance calculator, and direct support from the Helsinki-based fund.

Product overview

KOKO-kassa is a single unified unemployment fund (työttömyyskassa) serving highly educated professionals in Finland. The core offering is the earnings-related daily allowance (ansiosidonnainen päiväraha), supplemented by an eASIOINTI self-service digital portal for online applications and account management, and a Päivärahalaskuri (Allowance Calculator) for estimating benefits. The fund provides coverage for various situations including unemployment, temporary layoff, part-time work, and international employment across EU countries.

Differentiator

Problem solved

Functional benefit

Products and services

• KOKO-kassa Työttömyyskassa (Earnings-Related Unemployment Fund Membership) Statutory Finnish unemployment fund membership providing earnings-related daily allowance (ansiosidonnainen päiväraha) for highly educated professionals during unemployment, temporary layoffs, part-time work, and career transitions. For members of KOKO's 16 affiliated trade unions.
• eASIOINTI (e-Service Portal)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core and minor.

• Akavan Yleinen Ryhmä (AYR)coreStrategic or Co-development PartnerAkavan Yleinen Ryhmä is a central organization within Akava that advocates for salaried employees with higher education. AYR recommends KOKO as the unemployment fund for its members, creating a core strategic partnership for member referral.
• DIFF (Ingenjörerna i Finland)coreStrategic or Co-development PartnerDIFF represents engineers in Finland and partners with KOKO to provide unemployment insurance for its members. DIFF's highly educated engineering members are referred to KOKO for earnings-related unemployment benefits.
• Insinööriliitto (IL)coreStrategic or Co-development PartnerInsinööriliitto is a major trade union for engineers in Finland. They actively refer their members to KOKO and co-host webinars on career development and job seeking topics for KOKO members.
• TEK (Tekniikan akateemiset)coreStrategic or Co-development PartnerTEK represents academics in technology and science fields. They recommend KOKO to their members as the appropriate unemployment fund for highly educated professionals.
• EkonomitcoreStrategic or Co-development PartnerEkonomit represents economists and business professionals with higher education. They partner with KOKO to provide unemployment insurance services for their members.
• Tradenomiliitto (TRAL)coreStrategic or Co-development PartnerTradenomiliitto represents tradenoms (bachelor's degree holders in business). They recommend KOKO to their members for unemployment insurance.
• ASIA rycoreStrategic or Co-development PartnerASIA ry organizes academic professions across various fields and recommends KOKO to its members. ASIA hosts webinars on labor market topics that are promoted to KOKO members.
• Key rycoreStrategic or Co-development PartnerKey ry represents supervisors and managers with higher education. They partner with KOKO for unemployment insurance services for their members.
• MMA (Myynnin ja markkinoinnin ammattilaiset)minorStrategic or Co-development PartnerMMA represents sales and marketing professionals and refers its members to KOKO for unemployment insurance.
• OrnamominorStrategic or Co-development PartnerOrnamo is the trade union for architects, designers, and spatial planners. They recommend KOKO to their highly educated members.
• RIA (Rakennusinsinöörit ja -arkkitehdit)minorStrategic or Co-development PartnerRIA represents construction engineers and architects. They partner with KOKO for unemployment insurance for their members.
• SAFA (Suomen Arkkitehtien Yhdistys)minorStrategic or Co-development PartnerSAFA represents Finnish architects and recommends KOKO to its members for unemployment protection.
• Suomen ProviisoriyhdistysminorStrategic or Co-development PartnerFinnish Pharmaceutical Association represents pharmacists (provisors) and partners with KOKO for unemployment insurance.
• RIL (Suomen Rakennusinsinöörien Liitto)minorStrategic or Co-development PartnerRIL represents Finnish building engineers and refers members to KOKO for unemployment insurance.
• TFiF (Tekniska Föreningen i Finland)minorStrategic or Co-development PartnerTFiF is the Swedish-speaking technical association in Finland that partners with KOKO for member services.
• ErtominorStrategic or Co-development PartnerErto is a trade union for public sector professionals that refers members to KOKO.

Recent moves5 records

Expansion highlights11 records

Direct peers

• Työttömyyskassa Pro: Finnish unemployment fund affiliated with the Pro trade union, serving skilled industrial and specialist workers. Comparable statutory mandate and union-channel acquisition model.
• Työttömyyskassa JHL: Unemployment fund linked to the JHL trade union for municipal and public-sector workers. Comparable statutory product and member-union distribution model, though focused on a different occupational segment.
• Super työttömyyskassa: Unemployment fund for the social and healthcare sector under the Super trade union. Comparable in statutory mandate, benefit structure, and union-led distribution.
• A-kassa (Työttömyyskassa A): Another major Finnish earnings-related unemployment fund offering essentially the same statutory product. Comparable in regulatory framework, payout structure, and target audience of salaried employees.
• Yleinen työttömyyskassa YTK: Finland's largest general unemployment fund, administering earnings-related daily allowances to a broad cross-section of Finnish employees. Directly comparable statutory mandate, business model, and member pool, though YTK serves all workers rather than specializing in highly educated professionals.

Broad incumbents

• Varma: Finland's largest earnings-related pension insurer, managing employer-sponsored pension and disability benefits. Operates in the broader Finnish statutory employee-benefit-fund ecosystem with overlapping governance, member pools, and regulatory framework as KOKO.
• Ilmarinen: Major Finnish earnings-related pension insurance company serving employers and employees. Comparable institutional scale, statutory mandate, and Finnish social-insurance regulatory environment, though focused on pensions rather than unemployment.
• Elo: Finnish pension insurance company administering employer-sponsored retirement and disability benefits. Comparable regulatory environment and customer base of Finnish employers and employees.

Others

• If Vahinko vakuutus (If): Leading Nordic insurance company offering non-life insurance including workers' compensation and employee-related cover. Operates adjacent to the Finnish statutory benefits ecosystem, often partnering with employers and unions on related products.

Regional players

• Akademikernas a-kassa (Sweden): Swedish unemployment fund specifically for academically educated professionals. Comparable professional-segment focus and union-channel model to KOKO, but operating under Swedish rather than Finnish statutory unemployment insurance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/korkeastikoulutettujenkassa
• LinkedInlinkedin.com/company/korkeasti-koulutettujen-kassa-koko
• Instagraminstagram.com/korkeastikoulutettujenkassa
• Xx.com/KOKOkassa

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Korkeasti koulutettujen kassa KOKO