About Belay
Belay is a company based in Philadelphia (United States) founded in 2020 by Michael Grant Warshowsky and Ben Kestenbaum. Belay has raised $2.08 million across 1 funding round. The company has 77 employees. Belay offers products and services including Stock Insurance Service and Fintech API. Belay operates in a competitive market with competitors including Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
- Headquarter Philadelphia, United States
- Employees 77
- Founders Michael Grant Warshowsky, Ben Kestenbaum
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website withbelay.com
- Social LinkedIn X
- Legal Name Belay Inc
- Total Equity Funding$2.08M (USD)
in 1 rounds
- Latest Funding Round$2.08M (USD), Seed
Mar 2023
- Employee Count77
Products & Services of Belay
Belay offers a comprehensive portfolio of products and services, including Stock Insurance Service and Fintech API.
Protects stock portfolios by reimbursing losses on sales below protected prices.
Enables brokerages to embed stock insurance features in trading platforms.
Funding Insights of Belay
Belay has successfully raised a total of $2.08M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.08 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.08M
- Total Rounds 1
- Last Round Seed — $2.08M
- First Round $2.08M
(Mar 2023)
All 1 funding rounds of Belay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $2.08M | Seed | – | – | – |
People of Belay
4 people are tracked at Belay (4 in leadership); the tracked headcount is 77.
| Name | Role | Group |
|---|---|---|
Michael Grant Warshowsky | Founder & CEO | Leadership |
Ben Kestenbaum | Co-Founder & CEO | Leadership |
Jacob Parish | Chief Technology Officer | Leadership |
Aashay Shah | Chief Executive Officer | Leadership |
Complete people profiles for Belay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Belay
2 dated milestones of Belay across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Belay is founded.
- Funding First funding round of $2.1M.
Competitors of Belay
Belay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Clearcover, Cambridge Mobile Telematics, Metromile, HDVI and Sigo Insurance, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clearcover.com | 2016 | Chicago, United States | $457.2M | 450 | Automotive insurance is delivered via an online platform. | |
| cmtelematics.com | 2010 | Cambridge, United States | $502.5M | 318 | Usage-based data monitoring solutions for the auto insurance industry | |
| metromile.com | 2011 | San Francisco, United States | $295.4M | 389 | App that provides usage-based auto insurance platform for individuals | |
| hdvi.com | 2018 | Chicago, United States | $88.5M | 82 | Telematics-based data & monitoring solutions for auto insurers and fleet owners | |
| sigoseguros.com | 2017 | New York, United States | $22.7M | – | App-based auto insurance comparison is offered to individuals. | |
| zubie.com | 2012 | Charleston, United States | $33.48M | – | Vehicle data is monitored through plugin devices for usage-based insurance. | |
| zendrive.com | 2013 | San Francisco, United States | $53.62M | 30 | AI-enabled platform offering driver behavior monitoring and analysis solutions |
Detailed competitors of Belay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Belay
10 companies that operate in the same segment as Belay (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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Frequently Asked Questions about Belay
Belay was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Belay is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Michael Grant Warshowsky is the current CEO of Belay. They have also founded this company.
Belay is a funded company, having raised a total of $2.08M across 1 funding round to date. The company's 1st funding round was a Seed of $2.08M, raised on Mar 2023.
Belay has 77 employees.
Belay was founded in 2020 and is headquartered in Philadelphia, United States. Insurance policies for publicly traded US stocks are provided, reimbursing investors for losses when shares are sold below specified protection levels. Coverage options vary in duration and protection amounts, with claims processed through the company website. Backing is supplied by an A-rated reinsurance entity, and operations are limited to US-listed stocks to ensure straightforward claim fulfillment.
Belay's top competitors include Clearcover, Metromile and Sigo Insurance.
Belay offers Stock Insurance Service and Fintech API.
Belay operates through Belay Inc.