Faye
Faye is an app-based travel insurance platform that offers comprehensive trip and travel coverage with a digital-first experience. The platform provides coverage for emergency medical expenses, trip cancellation, trip delay, trip interruption, and pre-existing medical conditions. Faye's app delivers instant quotes, claims processing, and real-time assistance through chatbot and human support, available on iOS and…
Funding snapshot
About
Faye is an app-based travel insurance platform that offers comprehensive trip and travel coverage with a digital-first experience. The platform provides coverage for emergency medical expenses, trip cancellation, trip delay, trip interruption, and pre-existing medical conditions. Faye's app delivers instant quotes, claims processing, and real-time assistance through chatbot and human support, available on iOS and Android. The company aims to transform travel insurance from a paperwork-heavy process into a seamless digital experience, offering personalized coverage and care for travelers. Founded in 2019 and headquartered in Newark, New Jersey, Faye has raised $49 million at the Series B stage from investors including Viola Group, F2 Capital, Global Founders Capital, Portage, Munich Re Ventures, Munich Re, Menora Tech, Lumir Ventures, and Investible. The company employs 184 people.
Business model
Chatbots > Industry Specific > Travel and Hospitality > Travel Concierge,
Internet First Insurance Platforms > Internet First Insurers > P&C > Travel,
Online Travel > Transportation > Airline > Airport Assistance
Founders & team highlights
Founder with Prior Funding,
Serial Founder
Institutional investors
Backed by funds in our directory
Latest coverage
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