About SafetyWing
SafetyWing is a company based in San Francisco (United States) founded in 2017 by Hans Kjellby, Hans Nyvold Kjellby, Sondre Rasch, and Sarah Sandnes.. SafetyWing has raised $47.12 million across 5 funding rounds from investors including CreditEase, Innovasjon Norge and Kinnevik. SafetyWing offers products and services including Nomad Insurance and Remote Health.
- Headquarter San Francisco, United States
- Founders Hans Kjellby, Hans Nyvold Kjellby, Sondre Rasch, Sarah Sandnes
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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 Safety Nest, 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
$47.12 M (USD)
in 5 rounds
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Latest Funding Round
$35 M (USD), Series B
Apr 23, 2022
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Investors
CreditEase
& 9 more
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Employee Count
Employee Count
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Products & Services of SafetyWing
SafetyWing offers a comprehensive portfolio of products and services, including Nomad Insurance and Remote Health. 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.
Global medical and travel coverage for digital nomads and remote workers.
Comprehensive health insurance for remote companies and distributed teams worldwide.
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Funding Insights of SafetyWing
SafetyWing has successfully raised a total of $47.12M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in April 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 5
- Last Round Series B — $35.0M
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First Round
First Round
(07 Mar 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Series B - SafetyWing | Valuation | Kinnevik | |
| Jan, 2021 | Amount | Series A - SafetyWing | Valuation | Creandum | |
| Aug, 2019 | Amount | Seed - SafetyWing | Valuation | Byfounders |
| 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 SafetyWing
SafetyWing has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include CreditEase, Innovasjon Norge and Kinnevik. 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 investments are directed toward multiple sectors by Kinnevik.
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Founded Year | Domain | Location | |
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Venture capital investments and support services are offered to early-stage tech startups.
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Founded Year | Domain | Location | |
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Venture capital firm focused on B2B business model and insurtech sectors
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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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 SafetyWing
| 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 - SafetyWing
| 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 |
Safetywing Comparisons
Competitors of SafetyWing
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Safetywing
Frequently Asked Questions about SafetyWing
When was SafetyWing founded?
SafetyWing was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is SafetyWing located?
SafetyWing is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of SafetyWing?
Sondre Rasch is the current CEO of SafetyWing. They have also founded this company.
Is SafetyWing a funded company?
SafetyWing is a funded company, having raised a total of $47.12M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on Mar 07, 2018.
What does SafetyWing do?
SafetyWing was founded in 2017 in San Francisco, United States, as an online platform in the insurance sector. Coverage is extended to travel, medical needs, natural disasters, emergency responses, and luggage for foreign travelers, nomads, individuals, businesses, freelancers, families, and children. Medical incident and health insurance solutions are also made available through its services.
What products or services does SafetyWing offer?
SafetyWing offers Nomad Insurance and Remote Health.
Who are SafetyWing's investors?
SafetyWing has 10 investors. Key investors include CreditEase, Innovasjon Norge, Kinnevik, The Nordic Web, and Creandum.
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