About FairDee
FairDee is a company based in Bangkok (Thailand) founded in 2017 by Yujun Chean, Thanasak Hoontrakul, and Prateek Jogani was acquired by Qoala in March 2021. FairDee has raised $65 million across 1 funding round from investors including Eurazeo, Qoala and KB Investment. FairDee operates in a competitive market with competitors including Covr, Optalitix, WeGroup, Renaissance insurance and InsureZone, among others.
- Headquarter Bangkok, Thailand
- Founders Yujun Chean, Thanasak Hoontrakul, Prateek Jogani
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Fairdee Insurance Broker Company Limited
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Funding Insights of FairDee
FairDee has successfully raised a total of $65M through 1 strategic funding round. The most recent funding activity was a Series B round of $65 million completed in July 2022. 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 Total Funding
- Total Rounds 1
- Last Round Series B — $65.0M
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First Round
First Round
(21 Jul 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2022 | Amount | Series B - FairDee | Valuation | Eurazeo |
Investors in FairDee
FairDee has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Eurazeo, Qoala and KB Investment.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and debt investments are managed across multiple sectors.
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Flourish Ventures is focused on investing in mission-driven fintech entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location |
Investments & Acquisitions by FairDee
Financial Statements - FairDee
Fairdee Comparisons
Competitors of FairDee
FairDee 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 Covr, Optalitix, WeGroup, Renaissance insurance and InsureZone, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI & cloud-based insurance quoting solutions for the insurance industry
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| domain | founded_year | HQ Location |
AI consulting and data analytics services are offered to businesses.
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| domain | founded_year | HQ Location |
Insurance quoting software with virtual assistant features is provided.
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| domain | founded_year | HQ Location |
Diversified insurance services are offered by Renaissance Insurance in Russia.
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| domain | founded_year | HQ Location |
Online quoting platform and tools for agents and brokers
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Latest news on Fairdee
Frequently Asked Questions about FairDee
FairDee was founded in 2017 and raised its 1st funding round 5 years after it was founded.
FairDee is headquartered in Bangkok, Thailand.
Yujun Chean is the current CEO of FairDee. They have also founded this company.
FairDee is a funded company, having raised a total of $65M across 1 funding round to date. The company's 1st funding round was a Series B of $65M, raised on Jul 21, 2022.
FairDee was founded in 2017 and is headquartered in Bangkok, Thailand. Insurance quoting software is offered by the company within the insurtech sector. Solutions are provided for life, health, accident, and other insurance types. Features include customer document management, policy binding, car tax calculation tools, and claims data handling. Operations focus on streamlining insurance processes for providers and clients in the region.
FairDee's top competitors include Optalitix, Covr and WatchTower.
FairDee has 13 investors. Key investors include Eurazeo, Qoala, KB Investment, Flourish Ventures, and MassMutual Ventures.