Faye

Newark, United States Founded: 2019 • Age: 7 yrs
Travel insurance is provided through an app-based platform.

About Faye

Faye is a Technology company based in Newark (United States) founded in 2019 by Daniel G and Elad Schaffer. Travel insurance is provided through an app-based platform. It operates on a Subscription Services model in Technology, Travel & Hospitality, and Financial Services sectors. Faye has raised $99 million across 4 funding rounds from investors including Munich Re, Portage and Lumir Ventures. Its chief executive, as recorded, is Elad Schaffer. Its website withfaye.com draws about 262 thousand monthly visits. Faye offers products and services including Travel Insurance and Telemedicine Access. Its focus areas include Insurance and Travel Insurance. Its legal entity is Zenner, Inc. Its competitors include SafetyWing, Elves and LoungeBuddy; 3 of its 3 listed competitors have raised funding.

Company details

Customizable travel protection plans are offered by Faye under Zenner, Inc. Coverage includes emergency medical expenses, trip cancellations, and baggage loss. Services extend to telemedicine access and 247 assistance. Solutions cater to domestic, international, and cruise trips with various add-ons like pet care and rental car protection. The focus is on seamless claims processing and real-time travel updates for customers worldwide.

  • Headquarters Newark, United States
  • Founders Daniel G, Elad Schaffer
  • Sectors
    Technology
    Travel & Hospitality Financial Services
  • Website category Travel and Tourism
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website withfaye.com
  • Social LinkedIn X Facebook
  • Legal Name Zenner, Inc.
Key Metrics
  • Total Equity Funding
    $99M (USD)

    in 4 rounds

  • Latest Funding Round
    $50M (USD), Series C

    Aug 2026

  • Investors
    Munich Re

    & 11 more

Products & Services of Faye

Faye offers a comprehensive portfolio of products and services, including Travel Insurance and Telemedicine Access.

Travel Insurance
Insurance

Travel insurance plans are offered for protection.

Telemedicine Access
Healthcare

Access to telemedicine doctors is provided globally.

Apps and channels of Faye

Faye publishes 1 mobile app with over 10K+ downloads.

Faye Travel Insurance
Google Play Travel & Local Everyone Free 10K+ downloads
Developer: Zenner, Inc.
View on Google Play

Funding Insights of Faye

Faye has successfully raised a total of $99M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in August 2026. 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 $99M
  • Total Rounds 4
  • Last Round Series C β€” $50M
  • First Round $8M

    (May 2022)

  • Investors Count 12

All 4 funding rounds of Faye with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026$50MSeries C–Madrona
Jul 2024$31MSeries B–Portage
May 2023$10MSeries A–Munich Re Ventures
May 2022$8MSeed–Viola Group, F2 Capital
Valuation history

12 investors in total: 10 institutional and 2 angel.

Investors in Faye

Faye has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Munich Re, Portage and Lumir Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
A global fintech and financial services investment platform is operated.
2016portageinvest.comMontreal, Canada
Investments are directed toward early and mid-stage tech startups.
lumir.vcMelbourne, Australia
Early-stage venture capital investing in Israeli startups across technology and innovation sectors.
f2vc.com
Investments are made in early-stage technology companies globally.
viola-group.comHerzliya, Israel
Startups are funded by Munich Re-backed venture capital firm.
munichreventures.comSan Francisco, United States
Venture capital firm focused on early-stage startups
globalfounderscapital.comBerlin, Germany
madrona.com
brm.com
Platform offering insurance risk management solutions
1880munichre.comMunich, Germany
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Investor details for Faye

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People of Faye

30 people are tracked at Faye (12 in leadership, 18 in team).

NameRoleGroup
Daniel G
Co-Founder & CTOLeadership
Elad Schaffer
Co-Founder & CEOLeadership
Daniel Averbuch
VP Of ProductsLeadership
Gal Levy
VP R&dLeadership
Nadav Nave
Head Of DataLeadership
Lauren Gumport
VP of Communications & BrandLeadership
Gal Magid
Head Of Customer ExperienceLeadership
Jeff Rolander
Vice President of ClaimsLeadership
Motti Bebchuk
VP OperationsLeadership
Moran Treiser
VP GrowthLeadership
Miki Levi
Head of IT and SecurityLeadership
Shira Sharoni
Talent Acquisition Partner & HRBPLeadership
David Abrahams
Customer Experience SpecialistTeam
Aidan Francis
R&d Trainee – QA Automation Engineer (internal Transition)Team
dan jeo
Design EngineerTeam
Marina A.
User Acquisition (ua) Team LeaderTeam
Daniel Barkan
Software Team LeadTeam
Lisa Ben-Bassat
QA LeadTeam
Ross Igolkin
Senior Frontend DeveloperTeam
Tess Heilpern
Senior Growth ManagerTeam

10 more people are available in the full profile.

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Timeline of Faye

3 dated milestones of Faye across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Faye is founded.
  2. Funding First funding round of $8.0M.
  3. Funding Latest funding round, Series C, of $50.0M.

Competitors of Faye

Faye has 3 listed competitors in our database, 3 of them funded. They include SafetyWing, Elves and LoungeBuddy.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
safetywing.com2017San Francisco, United States$47.12M14
Online travel insurance is provided for nomads and individuals.
elvesapp.com2016San Francisco, United States$4M
Chat-based concierge assistance for bookings and purchases is offered.
loungebuddy.com2013San Francisco, United States$3M16
Mobile app to access information and book airport lounges
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Detailed competitors of Faye

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Web traffic of Faye

The website of Faye (withfaye.com) receives about 262.1K visits a month and ranks #156,879 among all websites worldwide, #4,503 in Travel and Tourism.

  • Monthly visits
    262.1K

    ▲ 25.6% vs previous month

  • Unique visitors
    121.7K

    per month

  • Global rank
    #156,879

    among all websites

  • Category rank
    #4,503

    Travel and Tourism · Travel and Tourism

Similar websites

Websites whose visitors overlap most with Faye. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
travelinsurance.com
100%
181.9K#269,729View details
travelguard.com
91%
915.6K#61,912View details
squaremouth.com
89%
323.2K#136,269View details
allianztravelinsurance.com
86%
#35,649View details
worldnomads.com
78%
521.9K#81,087View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Faye

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Top companies in Chatbots

3 companies that operate in the same segment as Faye (Chatbots) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based omnichannel communication and customer engagement platform is utilized.
2008San Francisco, California, United StatesUSD 239.77 MUSD 5.07 B5,540
Cloud-based business process management suite solutions are delivered.
2010San Mateo, California, United StatesUSD 400.05 MUSD 838.81 M4,500
Sierra is focused on enhancing customer experiences through AI technology.
2023San Francisco, California, United StatesUSD 1.59 B1,107
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Related news about Faye

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Frequently Asked Questions about Faye

Faye was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Faye is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.

Elad Schaffer is the CEO of Faye, as recorded in our data. They have also founded this company.

Faye is a funded company, having raised a total of $99M across 4 funding rounds to date. The company's 1st funding round was a Seed of $8M, raised on May 2022.

Customizable travel protection plans are offered by Faye under Zenner, Inc. Coverage includes emergency medical expenses, trip cancellations, and baggage loss. Services extend to telemedicine access and 247 assistance. Solutions cater to domestic, international, and cruise trips with various add-ons like pet care and rental car protection. The focus is on seamless claims processing and real-time travel updates for customers worldwide.

Faye's top competitors include SafetyWing, Elves and LoungeBuddy.

Faye offers Travel Insurance and Telemedicine Access.

Faye has 12 investors. Key investors include Munich Re, Portage, Lumir Ventures, F2 Venture Capital, and Viola Group.

Faye operates through Zenner, Inc..

Yes. Faye publishes Faye Travel Insurance, with over 10,000 downloads.

The website of Faye receives about 262 thousand visits a month and ranks #156,879 among all websites worldwide.

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