Zego Overview
- Year Founded
-
2016
- Status
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Private
- Employees
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318
- Latest Deal Type
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Series C
- Latest Deal Amount
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$206M
- Investors
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16
Zego General Information
Description
Operator of an on-demand insurance platform intended to offer a range of flexible professional and commercial insurance options for vehicle owners. The company's platform provides pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, providing mobility service providers with a range of policies from minute-by-minute insurance to annual covers, enabling customers to get more flexibility than the traditional insurers, with pricing based on usage data from vehicles.
Contact Information
Website
www.zego.comCorporate Office
- 7th Floor, Exchange House
- 12 Primrose Street
- London EC2A 2BQ
- England, United Kingdom
Corporate Office
- 7th Floor, Exchange House
- 12 Primrose Street
- London EC2A 2BQ
- England, United Kingdom
Zego Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series C) | 09-Mar-2021 | $206M | Completed | Generating Revenue | ||
| 4. Early Stage VC (Series B) | 18-Jun-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 25-Jan-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 22-Feb-2017 | $1.53M | $1.53M | Completed | Generating Revenue | |
| 1. Angel (individual) | 07-Oct-2016 | Completed | Startup |
Zego Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| C Preferred | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Drivit Preferred | ||||||||
| Drivit Preferred | ||||||||
| Ordinary | ||||||||
| B Preferred | ||||||||
| B Preferred | 393,080 | $0.000139 | $8.07 | $8.07 | 1x | $8.07 | 2.51% | |
| A Preferred | 76,742 | $0.000139 | $3.55 | $3.55 | 1x | $3.55 | 0.49% |
Zego Comparisons
Industry
Financing
Details
Zego Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| INSHUR | Venture Capital-Backed | New York, NY | ||||
| Marshmallow | Venture Capital-Backed | London, United Kingdom | ||||
| Covr Financial Technologies | Venture Capital-Backed | Boise, ID | ||||
| Clearcover | Venture Capital-Backed | Chicago, IL | ||||
| BizInsure | Formerly VC-backed | Walnut Creek, CA |
Zego Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Zego Patents
Zego Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-858736-A | Device for protection against harmful gases | Inactive | 02-May-1939 | ||
| FR-854200-A | Anti-fog product | Inactive | 22-Dec-1938 |
Zego Executive Team (9)
| Name | Title | Board Seat |
|---|---|---|
| Harry Franks | Co-Founder, Co-Chief Executive Officer, Chief Business Development Officer, Chief Commercial Officer & Board Member | |
| Sten Saar | Co-Founder, Co-Chief Executive Officer & Board Member |
Zego Board Members (5)
| Name | Representing | Role | Since |
|---|---|---|---|
| Ben Kaminski | Self | Board Member | |
| Joel Cutler JD | General Catalyst | Board Member | |
| Robert Moffat | Balderton Capital | Board Member | |
| Sten Saar | Zego | Co-Founder, Co-Chief Executive Officer & Board Member | |
| Taavet Hinrikus | Self | Board Member |
Zego Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Zego Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Annox Capital | Venture Capital | Minority | ||
| DST Global | Venture Capital | Minority | ||
| General Catalyst | Venture Capital | Minority | ||
| LocalGlobe X | Venture Capital | Minority | ||
| Latitude Ventures (London) | Venture Capital | Minority |
Zego Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Drivit | 09-Dec-2020 | Application Software |
Zego Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Drivit | Application Software | Lisbon, Portugal |
Zego FAQs
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When was Zego founded?
Zego was founded in 2016.
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Who is the founder of Zego?
Harry Franks, Sten Saar, and Stuart Kelly are the founders of Zego.
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Who is the CEO of Zego?
Harry Franks and Sten Saar are the CEOs of Zego.
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Where is Zego headquartered?
Zego is headquartered in London, United Kingdom.
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What is the size of Zego?
Zego has 318 total employees.
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What industry is Zego in?
Zego’s primary industry is Automotive Insurance.
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Is Zego a private or public company?
Zego is a Private company.
-
What is the current valuation of Zego?
The current valuation of Zego is .
-
What is Zego’s current revenue?
The current revenue for Zego is .
-
How much funding has Zego raised over time?
Zego has raised $258M.
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Who are Zego’s investors?
Annox Capital, DST Global, General Catalyst, LocalGlobe X, and Latitude Ventures (London) are 5 of 16 investors who have invested in Zego.
-
Who are Zego’s competitors?
INSHUR, Marshmallow, Covr Financial Technologies, Clearcover, and BizInsure are some of the 11 competitors of Zego.
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