Faye

Faye

Verified
Whole-trip travel insurance built to bring out the best in each journey. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$40—60m (Dealroom.co estimates May 2023.)
Newark Delaware (HQ & founding location)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues0000000000000000
% growth-124 %227 %143 %
EBITDA0000000000000000
Profit0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000
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DateInvestorsAmountRound
N/A

$0.0

round
investor

$0.0

round
investor investor investor investor investor

$0.0

round
*

$10.0m

Series A
Total Funding000k

Recent News about Faye

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WithFaye.com is a digital startup that offers comprehensive travel insurance services. The company operates in the insurance market, specifically targeting US citizens and residents who are frequent travelers. WithFaye.com's business model is centered around a user-friendly mobile application, which serves as a one-stop-shop for all travel insurance needs.

The company's services range from emergency medical expenses and evacuation to trip cancellation, interruption, and delay. They also cover missed connections, lost or damaged baggage, delayed baggage, lost passports or credit cards, and even lost or damaged sporting and professional equipment. The company also offers unique coverage options such as adventure and extreme sports, pet care, rental car, and vacation rental damage protection.

The pricing model is competitive, starting at $4.64 per day for 14 days. The company also offers a unique feature, the Faye Wallet, where they add $200 for customers to use towards their services.

WithFaye.com generates revenue through the sale of its travel insurance plans. The company has received positive reviews for its quick and efficient claim processing, with no hidden fees, and its 24/7 customer support.

The company's strength lies in its use of technology to simplify the often complex process of purchasing and claiming travel insurance. The app allows customers to file claims, access a telemedicine network of over 20,000 doctors, and chat with support anytime, anywhere.

Keywords: Travel Insurance, Mobile Application, Emergency Medical Coverage, Trip Cancellation, Baggage Loss, Adventure Sports Coverage, Pet Care Coverage, Rental Car Coverage, Vacation Rental Damage Protection, Telemedicine.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.