About Safely
Safely is a company based in Emeryville (United States) founded in 2011 by Tasso Roumeliotis. It operates as a Commission-Based, and Subscription Services. Safely has raised $20 million across 3 funding rounds from investors including MetLife, Highgate and Greenlight Re. Safely offers products and services including Safely Protection Policy, Guest Screening, and Travel Insurance. Safely operates in a competitive market with competitors including Hippo, Resilience, Kin, Steadily and Slide Insurance, among others.
- Headquarter Emeryville, United States
- Founders Tasso Roumeliotis
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Sectors
Travel & HospitalityFinancial Services
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Phone
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Website
*********
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Social
*********
- Legal Name Safelystay, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 3 rounds
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Latest Funding Round
$8 M (USD), Series A
Oct 02, 2023
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Investors
MetLife
& 5 more
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Employee Count
Employee Count
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Products & Services of Safely
Safely offers a comprehensive portfolio of products and services, including Safely Protection Policy, Guest Screening, and Travel Insurance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Insurance coverage is provided for short-term rental properties.
Guest verification is offered for rental property safety.
Travel insurance is provided for rental guest protection.
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Funding Insights of Safely
Safely has successfully raised a total of $20M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in October 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 Total Funding
- Total Rounds 3
- Last Round Series A — $8.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series A - Safely | Valuation | Highgate | |
| Oct, 2022 | Amount | Series A - Safely | Valuation | LAGO | |
| Jul, 2018 | Amount | Seed - Safely | Valuation | MetLife , Techstars |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Safely
Safely has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include MetLife, Highgate and Greenlight Re. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in multiple sectors
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Safely
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Safely
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Safely Comparisons
Competitors of Safely
Safely 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 Hippo, Resilience, Kin, Steadily and Slide Insurance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Homeowners insurance coverage is delivered via an online platform.
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| domain | founded_year | HQ Location |
Cyber risk management services are provided to investment industries.
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| domain | founded_year | HQ Location |
Homeowner insurance is offered via an online platform for individuals.
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| domain | founded_year | HQ Location |
Rental property insurance coverage is provided via an online platform.
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| domain | founded_year | HQ Location |
Provider of homeowners insurance
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Safely
Frequently Asked Questions about Safely
When was Safely founded?
Safely was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Safely located?
Safely is headquartered in Emeryville, United States. It is registered at Emeryville, California, United States.
Who is the current CEO of Safely?
Tasso Roumeliotis is the current CEO of Safely. They have also founded this company.
Is Safely a funded company?
Safely is a funded company, having raised a total of $20M across 3 funding rounds to date.
What does Safely do?
Short-term rental insurance and guest verification services are offered by Safely through its affiliate, On Demand Insurance Agency, LLC. Coverage is provided for property damage, theft, bodily injury, and other guest-caused issues in vacation rentals. Solutions are tailored for property managers across platforms like Airbnb, Vrbo, and direct bookings. The financial services sector is primarily targeted, focusing on property insurance for structural and content protection. Guest screening is included as an upgrade to enhance safety and risk management for rental properties.
What products or services does Safely offer?
Safely offers Safely Protection Policy, Guest Screening, and Travel Insurance.
Who are Safely's investors?
Safely has 6 investors. Key investors include MetLife, Highgate, Greenlight Re, Techstars, and LAGO.
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