Faye
withfaye.com | Insurtech, Traveltech
Year2023
RoundSeries A
Amount$10M
Overall
Storyline
19 slides
19 slides
1 slide
Travel insurance as it was meant to be.
1 slide
Established in 48 states with millions in sales, Faye operates in a lucrative market with significant growth potential.
1 slide
Decades of experience across travel, insurance, and technology, backed by notable investors and advisors.
1 slide
Travel insurance today is plagued by confusion, bureaucracy, and low trust, leading to no customer loyalty or brand recognition.
1 slide
Travel insurance is growing rapidly with low market penetration, presenting vast opportunities for innovation and expansion.
1 slide
Compared to other insurtech sectors, travel insurance offers lower risk and higher growth potential.
1 slide
Faye is a tech-driven, full-stack MGA specializing in all aspects of travel insurance.
4 slides
Faye provides holistic coverage and care, easy claims with Faye Wallet, and proactive protection including real-time alerts and monitoring.
1 slide
Our strategy focuses on building a strong brand, meeting customers at every journey stage, and creating various revenue channels.
3 slides
We’ve demonstrated strong growth with increasing purchases, policy growth, and high customer retention.
1 slide
Faye stands out in the competitive landscape by offering a proactive, mobile-first, and consumer-centric approach.
1 slide
We are raising Series A with a $10M capital raise to expand our reach and enhance our product offerings.
1 slide
With a 4.7/5 rating on Trustpilot, our customers consistently praise our service quality and ease of use.
1 slide
Faye: Powering positive adventures worldwide.
