Total raised
$49.0M
Last: Series B 2024-07
Stage
Series B
Founded
2019
Headcount
155
HQ
Tel Aviv-Yafo
Sector
Fintech & Insurtech
About
Faye is focused on redefining insurance with its all-digital, consumer-centric travel insurance for Americans. The company's solution is designed to enable smarter, faster, smoother assistance and claims resolutions.
Faye's whole-trip protection, paired with its proprietary technology, provides immediate 24/7 support anywhere in the world, quick reimbursements, and an app that allows users to do everything from covering their trips to filing claims.
Funding history · 3 rounds · $49.0M total
2024-07
Series B
$31.0M
2023-05
Series A
$10.0M
2022-05
Seed
$8.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Faye founded?
- Faye was founded in September 2019.
- What is Faye's primary business focus?
- Faye focuses on providing all-digital, consumer-centric travel insurance for Americans, offering whole-trip protection with 24/7 support and quick reimbursements.
- How much funding has Faye raised in total?
- Faye has raised a total of $49,000,000 USD across multiple funding rounds. For a full financing history, users can refer to startupim.
- When did Faye complete its Seed funding round and who were the lead investors?
- In May 2022, Faye completed its Seed funding round, with F2 Venture Capital and Viola Ventures as lead investors.
- When did Faye secure its Series A funding and who led the round?
- In May 2023, Faye secured its Series A funding, led by Munich Re Ventures.
- When did Faye close its Series B funding round and who was the lead investor?
- In July 2024, Faye closed its Series B funding round, with Portage Ventures as the lead investor.
- What is Faye's current employee count?
- Faye currently has 155 employees.
- In which geographic market does Faye primarily operate?
- Faye primarily operates in the North American geographic market.
- Which publication recognized Faye as a 'Must-Download Travel App' in 2022?
- In August 2022, Faye was named a 'Must-Download Travel App In 2022' by Fodor's Travel.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceChatbotsMachine Learning
Target customers
ConsumersRecreational & LifestyleTravellers & TouristsTravel & TourismTravelAirlinesTravel AgenciesFinancial ServicesFinancial ProductsInsurance
Business model
B2B2CB2CB2B
Highlights
Verified
Tags
travel-insurancetraveltech