Latest round

Series C

Last raised

Aug 2026

Total raised

$99M

Investors

11

About Faye

Based in California and founded in 2019 by its CEO Elad Schaffer, Daniel Green (CTO), and Motti Bebchuk, Faye operates as a travel insurance company that cover medical and evacuation expenses users have in-trip, including ones related to COVID-19. Faye US East product is an application that covers travelers’ trips, health, belongings, and even pets via trip monitoring and alerts, enables users to file claims digitally, and pays for approved claims via electronic transfers. The company's application is available on iOS and Android devices. The company will also grow its partnerships with online travel agencies, airlines, cruise lines, and other travel brands. Additionally, the funds will be used to double down on AI investments to improve underwriting, traveler assistance, and claims processing, with a goal of achieving more autonomous claims resolution. The company also intends to expand its travel fintech capabilities via the Faye Wallet.

Who invested in Faye

11 investors across 5 rounds

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Funding rounds

  1. Series C

    Aug 5, 2026

    Amount

    $50M

    Investors

    Locked

  2. Series B

    Jul 30, 2024

    Amount

    $31M

    Investors

    Locked

  3. Series A

    May 23, 2023

    Amount

    $10M

    Investors

    Locked

  4. Seed

    May 11, 2022

    Amount

    $8M

    Investors

    Locked

  5. Seed

    Aug 18, 2020

    Amount

    Undisclosed

    Investors

    Locked

Questions about Faye

Who invested in Faye?

Faye has 11 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Faye raised?

Faye has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Faye last raise money?

Faye's most recent round on record is a Series C, in Aug 2026.

What does Faye do?

Based in California and founded in 2019 by its CEO Elad Schaffer, Daniel Green (CTO), and Motti Bebchuk, Faye operates as a travel insurance company that cover medical and evacuation expenses users have in-trip, including ones related to COVID-19.

Where is Faye headquartered?

Faye is headquartered in Newark, US.

Which VCs invest in companies like Faye?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Faye's stage. Their profiles are linked below.

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