About Zego
Zego is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2016 by Sten Saar, Harry Franks, and Stuart Kelly. It operates as a motor insurance is provided for personal and work driving. It operates on a Subscription Services and Pay-per-Use / Usage-Based model in Transportation, Automotive & Logistics and Financial Services sectors. Zego has raised $309.7 million across 8 funding rounds from investors including Sompo Holdings, Balderton Capital and Target Global. The company has 394 employees. Zego has completed 1 acquisition, including Drivit. Zego was last valued at $1.1 billion in March 2021. Its chief executive is Sten Saar. Its website zego.com draws about 307 thousand monthly visits. Zego offers products and services including Car Insurance, Delivery Insurance, Private Hire Taxi Insurance, Van Insurance, and Sense Telematics Insurance. Its focus areas include Financials, Insurance and Motor Insurance. Its legal entity is Extracover Limited. Its competitors include Cuvva, Marshmallow, By Miles, Octo Telematics and The Floow and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Employees 394
- Founders Sten Saar, Harry Franks, Stuart Kelly
- Stage Unicorn
- SectorsTransportation, Automotive & LogisticsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Phone•••• ••••
- Website zego.com
- Social LinkedIn X Facebook YouTube
- Legal Name Extracover Limited
- Annual Revenue$16.28 M (USD)0as on Dec 31, 2022
- Net Profit-$82.12 M (USD)0as on Dec 31, 2022
- EBITDA-$89.06 M (USD)0as on Dec 31, 2022
- Total Equity Funding$309.7M (USD)
in 8 rounds
- Latest Funding Round$28M (USD), Series C
Apr 2026
- InvestorsSompo Holdings
& 30 more
- Employee Count394
- Investments & Acquisitions
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.
Apps and channels of Zego
its YouTube channel Zego has 599 subscribers and 30 videos.
Videos from Zego
The most watched videos on Zego's YouTube channel, Zego (599 subscribers). Click a video to play it here.
More on Zego.
Funding Insights of Zego
Zego has successfully raised a total of $309.7M 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.
- Total Funding $309.7M
- Total Rounds 8
- Last Round Series C — $28M
- First Round $186,500
(Oct 2016)
- Investors Count 31
All 8 funding rounds of Zego with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2026 | $28M | Series C | – | – | |
| Apr 2026 | $28M | Series C | – | – | |
| Mar 2021 | $150M | Series C | $1.1B | DST Global Partners | |
| Jun 2019 | $42M | Series B | – | Target Global | |
| Jan 2019 | – | Debt – Venture | – | – | |
| Nov 2017 | $7.93M | Series A | $25.88M | Balderton Capital | |
| Jul 2017 | $1.6M | Seed | – | LocalGlobe | |
| Oct 2016 | $186,500 | Angel Round | $••••• | Georgina Callander |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $1.1B | •••••••• |
| Nov 2017 | $25.88M | •••••••• |
| Oct 2016 | $••••• | •••••••• |
Full valuation and stage history of Zego
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Last known valuation $1.1B (Mar 2021). 31 investors in total: 18 institutional and 13 angel.
Investors in Zego
Zego has secured backing from 31 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Sompo Holdings, Balderton Capital and Target Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm | – | targetglobal.vc | London, United Kingdom | |
Multistage venture capital investments are focused on technology sectors. | 2000 | balderton.com | London, United Kingdom | |
Venture finance services, including debt and equity, are provided to capital-backed companies globally. | – | triplepointcapital.com | - | |
Venture capital firm focused on seed-stage investments | – | localglobe.vc | London, United Kingdom | |
- | – | singularvc.com | - | |
- | – | isfieldnominees.tcc.mode | - | |
Venture capital investment firm | – | dst-global.com | Menlo Park, United States | |
Investment and transformation services for entrepreneurs in technology and finance sectors. | – | generalcatalyst.com | Cambridge, United States | |
Venture capital firm focused on early-stage investments | – | sociicapital.com | San Francisco, United States | |
Investments are made by Blossom Capital in technology sectors. | – | blossomcap.com | London, United Kingdom |
Investor details for Zego
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People of Zego
61 people are tracked at Zego (26 in leadership, 35 in team); the tracked headcount is 394.
| Name | Role | Group |
|---|---|---|
Sten Saar | Co-Founder & CEO | Leadership |
Harry Franks | Co-Founder & CEO | Leadership |
Stuart Kelly | Founder | Leadership |
Angela Asamoah | Director | Leadership |
Lauren Pritchard | Head Of Product | Leadership |
Ian Kershaw | VP Of Customer Service, Claims And Fraud | Leadership |
Vicky Wills | CTO | Leadership |
Maria Leighton | Group CFO | Leadership |
Duncan Cockburn | Vice President Finance | Leadership |
Jamie Douglas | Group Head Of Strategic Finance | Leadership |
Katherine Gavin | Head Of TP And Complex Claims | Leadership |
Sarah Rudge | DPO & Head Of Information Security | Leadership |
Rebecca Hill | Chief Of Staff | Leadership |
Andrew Cannell | Head Of Delivery | Leadership |
Andrew Murray | Head Of Strategy & Enablement | Leadership |
Luke Gill | Head Of Product And Technology | Leadership |
Liam Smyth | Senior People Partner | Leadership |
Tara Jones | Head Of Customer Claims | Leadership |
Marvin Kuzamba | Vice President & Director Of Pricing And Underwriting | Leadership |
Nick Stefanovitz | Chief Operating Officer (coo) | Leadership |
41 more people are available in the full profile.
Complete people profiles for Zego
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Zego
Zego has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Drivit.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vehicle & driving analytics solutions | drivit.com | Lisbon, Portugal | 2015 | Dec 2020 | •••• |
Complete acquisition details for Zego
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Timeline of Zego
6 dated milestones of Zego across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Zego is founded.
- Funding First funding round of $186K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Drivit.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C, of $28.0M.
Competitors of Zego
Zego has 9 listed competitors in our database, 7 of them funded. They include Cuvva, Marshmallow, By Miles, Octo Telematics and The Floow, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cuvva.com | 2014 | London, United Kingdom | $27.19M | 198 | Online usage-based car insurance solutions | |
| marshmallow.com | 2017 | London, United Kingdom | $161.3M | 310 | Auto insurance is delivered via app to individual drivers. | |
| bymiles.co.uk | 2016 | London, United Kingdom | $26.96M | 33 | Pay-per-mile auto insurance is offered through a mobile app. | |
| octotelematics.com | 2002 | Rome, Italy | – | 176 | Provider of telematics and data analytics solutions for the insurance and connected mobility sectors | |
| thefloow.com | 2012 | Sheffield, United Kingdom | $15.98M | 92 | Provider of telematics data for insurance | |
| bikmo.com | 2013 | Chester, United Kingdom | $12.48M | 28 | Provider of cycle insurance for damage, theft, or loss | |
| humn.ai | 2017 | London, United Kingdom | $15.23M | 30 | Fleet insurance distribution is provided via a specialized platform. | |
| trakglobalgroup.com | 2009 | Crewe, United Kingdom | $50M | 129 | Data and monitoring solutions for auto insurance are provided. | |
| webfleet.com | 1991 | Amsterdam, Netherlands | – | – | Provides cloud-based fleet management software solutions. |
Detailed competitors of Zego
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Zego
The website of Zego (zego.com) receives about 307.2K visits a month and ranks #125,216 among all websites worldwide, #7,845 in Insurance.
- Monthly visits307.2K
▼ 4.4% vs previous month
- Unique visitors133.6K
per month
- Global rank#125,216
among all websites
- Category rank#7,845
Finance · Insurance
- Bounce rate45%
- Pages per visit3.7
- Average visit2 min 21 sec
- DevicesDesktop 20% · Mobile 80%
Websites whose visitors overlap most with Zego. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| inshur.com | 100% | 159.8K | #208,532 | View details | |
| gocompare.com | 70% | 3.4M | #14,026 | View details | |
confused.com | confused.com | 70% | – | #9,728 | – |
acorninsure.co.uk | acorninsure.co.uk | 70% | – | #81,536 | – |
| comparethemarket.com | 68% | – | #3,408 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Zego
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
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Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as Zego (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Related news about Zego
Complete news archive for Zego
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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. They have also founded this company.
Zego is a funded company, having raised a total of $309.7M across 8 funding rounds to date. The company's 1st funding round was a Angel Round of $186.5K, raised on Oct 2016.
Zego has 394 employees.
Annual revenue of Zego is $16.28M as on Dec 31, 2022.
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 31 investors. Key investors include Sompo Holdings, Balderton Capital, Target Global, Taavet Hinrikus, and Tom Stafford.
The valuation of Zego is $1.1B as of Mar 2021.