About Zego
Zego is a company based in London (United Kingdom) founded in 2016 by Harry Franks. It operates as a Subscription Services and Pay-per-Use / Usage-Based. Zego has raised $257.71 million across 8 funding rounds from investors including Balderton Capital, Target Global and Taavet Hinrikus. Zego has completed 1 acquisition, including Drivit. Zego offers products and services including Car Insurance, Delivery Insurance, Private Hire Taxi Insurance, Van Insurance, and Sense Telematics Insurance. Zego operates in a competitive market with competitors including Cuvva, Marshmallow, By Miles, Octo Telematics and The Floow, among others.
- Headquarter London, United Kingdom
- Founders Harry Franks
- Stage Unicorn
-
Sectors
Transportation, Automotive & LogisticsFinancial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Extracover Limited
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$257.71 M (USD)
in 8 rounds
-
Latest Funding Round
$28 M (USD), Series C
Apr 16, 2026
-
Investors
Balderton Capital
& 17 more
-
Employee Count
Not available
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Zego
Zego offers a comprehensive portfolio of products and services, including Car Insurance, Delivery Insurance, Private Hire Taxi Insurance, Van Insurance, and Sense Telematics Insurance.
Comprehensive car insurance is provided for personal driving.
Flexible insurance is offered for food delivery drivers.
Tailored insurance is provided for private hire taxis.
Reliable cover is available for van business use.
App-based telematics insurance is offered for drivers.
People of Zego
Unlock access to complete
Funding Insights of Zego
Zego has successfully raised a total of $257.71M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $28 million completed in April 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.
Investors in Zego
Zego has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Balderton Capital, Target Global and Taavet Hinrikus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm
|
Locked | Locked | Locked | |
|
Multistage venture capital investments are focused on technology sectors.
|
Locked | Locked | Locked | |
|
Venture finance services, including debt and equity, are provided to capital-backed companies globally.
|
Locked | Locked | Locked |
Investor details for Zego
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Zego
Zego has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Drivit.
Investment portfolio details for Zego
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Vehicle & driving analytics solutions
|
Locked | Locked | 2015 | Locked |
Complete acquisition details for Zego
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Zego
Detailed financials for Zego
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Zego Comparisons
Peer comparison for Zego
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Zego
Zego 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 Cuvva, Marshmallow, By Miles, Octo Telematics and The Floow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Online usage-based car insurance solutions
|
|
| Locked | Locked | Locked |
Auto insurance is delivered via app to individual drivers.
|
|
| Locked | Locked | Locked |
Pay-per-mile auto insurance is offered through a mobile app.
|
|
| Locked | Locked | Locked |
Provider of telematics and data analytics solutions for the insurance and connected mobility sectors
|
|
| Locked | Locked | Locked |
Provider of telematics data for insurance
|
Detailed competitors of Zego
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Zego
Complete news archive for Zego
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Zego
Zego was founded in 2016.
Zego is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sten Saar is the current CEO of Zego.
Zego is a funded company, having raised a total of $257.71M across 8 funding rounds to date.
Insurance solutions are offered by Zego for various motor vehicles including cars, vans, scooters, and motorbikes. Coverage is provided for personal use, business use, courier services, and delivery work. Specialized policies are designed for new drivers, private hire taxi drivers, and delivery drivers working with platforms like Uber, Deliveroo, and Just Eat. Telematics-based insurance through the Sense app is utilized to offer personalized pricing based on driving behavior. Operations are extended across the UK and several European countries, catering to self-employed individuals and growing businesses in the motor insurance sector.
Zego's top competitors include Marshmallow, Cuvva and Octo Telematics.
Zego offers Car Insurance, Delivery Insurance, Private Hire Taxi Insurance, Van Insurance, and Sense Telematics Insurance.
Zego has made 1 acquisition, including Drivit.
Zego has 18 investors. Key investors include Balderton Capital, Target Global, Taavet Hinrikus, Tom Stafford, and TriplePoint Capital.
The valuation of Zego is $1.1B as of Mar 2021.