SafetyWing Overview
- Year Founded
-
2017
- Status
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Private
- Employees
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145
- Latest Deal Type
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Series B
- Latest Deal Amount
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$35M
- Investors
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17
SafetyWing General Information
Description
Provider of insurance services intended to offer assistance with lifestyle disruption needs faced by digital nomads. The company offers personalized services for people while they are outside their home country by offering travel and medical insurance, coverage for lost luggage, travel delays, and health insurance, helping online freelancers and remote workers travel with freedom.
Contact Information
Website
www.safetywing.comCorporate Office
- 2261 Market Street
- Suite 5986
- San Francisco, CA 94114
- United States
Corporate Office
- 2261 Market Street
- Suite 5986
- San Francisco, CA 94114
- United States
SafetyWing Timeline
SafetyWing Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series B) | 31-Mar-2022 | $35M | Completed | Generating Revenue | ||
4. Early Stage VC (Series A) | 02-Feb-2021 | Completed | Generating Revenue | |||
3. Seed Round | 07-Mar-2019 | Completed | Generating Revenue | |||
2. Seed Round | 07-Mar-2018 | $500K | $620K | Completed | Generating Revenue | |
1. Accelerator/Incubator | 01-Jan-2018 | $120K | $120K | Completed | Generating Revenue |
SafetyWing Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B-2 | ||||||||
Series B-1 | ||||||||
Series A-6 | ||||||||
Series A-5 | ||||||||
Series A-4 | ||||||||
Series A-3 | ||||||||
Series A-2 | 12,562,808 | $0.000010 | 6% | $0.11 | $0.11 | 1x | $0.11 | 3.24% |
Series A-1 | 57,138,775 | $0.000010 | 6% | $0.14 | $0.14 | 1x | $0.14 | 14.76% |
SafetyWing Comparisons
Industry
Financing
Details
SafetyWing Competitors (16)
One of SafetyWing’s 16 competitors is Travel Insurance Center, a Corporation company based in Omaha, NE.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Travel Insurance Center | Corporation | Omaha, NE | ||||
Insubuy | Private Equity-Backed | Plano, TX | ||||
Allianz Global Assistance Australia | Corporation | |||||
Travel Guard Group | Corporate Backed or Acquired | Stevens Point, WI | ||||
International Medical Group | Formerly PE-Backed | Indianapolis, IN |
SafetyWing Signals
SafetyWing Investors (17)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
CE Innovation Capital | Venture Capital | Minority | ||
Farmhouse Capital | Venture Capital | Minority | ||
Kinnevik | Venture Capital | Minority | ||
Mundi Ventures | Venture Capital | Minority | ||
Creandum | Growth/Expansion | Minority |
SafetyWing FAQs
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When was SafetyWing founded?
SafetyWing was founded in 2017.
-
Where is SafetyWing headquartered?
SafetyWing is headquartered in San Francisco, CA.
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What is the size of SafetyWing?
SafetyWing has 145 total employees.
-
What industry is SafetyWing in?
SafetyWing’s primary industry is Life and Health Insurance.
-
Is SafetyWing a private or public company?
SafetyWing is a Private company.
-
What is the current valuation of SafetyWing?
The current valuation of SafetyWing is
. -
What is SafetyWing’s current revenue?
The current revenue for SafetyWing is
. -
How much funding has SafetyWing raised over time?
SafetyWing has raised $52M.
-
Who are SafetyWing’s investors?
CE Innovation Capital, Farmhouse Capital, Kinnevik, Mundi Ventures, and Creandum are 5 of 17 investors who have invested in SafetyWing.
-
Who are SafetyWing’s competitors?
Travel Insurance Center, Insubuy, Allianz Global Assistance Australia, Travel Guard Group, and International Medical Group are some of the 16 competitors of SafetyWing.
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