SafetyWing
An insurtech company that provides travel medical and health insurance to remote businesses and individuals.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | $35.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 83 % | 190 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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In 2017, three visionary entrepreneurs, Sondre Rasch, Sarah Sandnes, and Hans Kjellby, embarked on a mission to create a safety net for the global workforce. They founded SafetyWing, a company designed to offer comprehensive insurance solutions tailored for digital nomads and remote workers. Their vision was simple yet profound: to remove the barriers of traditional insurance and provide a seamless experience for a new generation of workers who transcend geographical boundaries.
SafetyWing quickly gained traction by addressing a critical gap in the market. As remote work became increasingly prevalent, the need for flexible and reliable insurance grew. The founders' innovative approach and commitment to their mission resonated with both users and investors alike.
In April 2022, SafetyWing achieved a significant milestone by securing a $35 million Series B funding round. This infusion of capital, led by prominent investors, enabled the company to expand its offerings and enhance its platform, solidifying its position as a leader in the insurtech space.
Throughout its journey, SafetyWing has remained steadfast in its commitment to building a global social safety net. The company's growth is a testament to the founders' dedication to innovation and their ability to adapt to the evolving needs of the workforce. Today, SafetyWing continues to redefine the insurance landscape, empowering individuals to work and live anywhere in the world with peace of mind.