Tech Company Financing Transactions

Faye Funding Round

On 5/23/2023, Faye raised $10 million in Series A funding from F2 Venture Capital, Munich Re/ HSB Ventures and Viola Ventures.

Transaction Overview

Company Name
Faye
Announced On
5/23/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors

F2 Venture Capital (Lead Investor)

Munich Re/ HSB Ventures (Lead Investor)

Viola Ventures (Lead Investor)

private investors (Mike Nelson)

Menora Tech

Proceeds Purpose
The company intends to use the funds to to quadruple its revenue in 2023 and double its pool of travel advisors and distribution partners, which is already in the hundreds.

Company Information

Company Status
Private & Independent
Industry
InsureTech
Mailing Address
200 Continental Drive 401
Newark, DE 19713
USA
Phone
(804) 482-2122
Website
www.withfaye.com
Email Address
[email protected]
Overview
Faye provides whole-trip travel coverage and care that brings out the best in each journey with industry-leading technology that enables smarter, faster, smoother assistance and claims resolutions. Our robust travel insurance covers your health, your trip, your stuff, and even your pet, via an app that provides real-time proactive solutions, quick reimbursements and 24/7 customer experience specialists who turn travel mishaps into laugh-about-it-later memories.
Profile
Faye LinkedIn Company Profile
Social Media
Faye Company Twitter Account
Company News
Faye News
Facebook
Faye on Facebook
YouTube
Faye on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Elad Schaffer
  Elad Schaffer LinkedIn Profile  Elad Schaffer Twitter Account  Elad Schaffer News  Elad Schaffer on Facebook
Co-Founder
Daniel Green
  Daniel Green LinkedIn Profile  Daniel Green Twitter Account  Daniel Green News  Daniel Green on Facebook
Vice President
Motti Bebchuk
  Motti Bebchuk LinkedIn Profile  Motti Bebchuk Twitter Account  Motti Bebchuk News  Motti Bebchuk on Facebook

 

 

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