SafetyWing - About the company
SafetyWing is a series B company based in San Francisco (United States), founded in 2017 by Sarah Sandnes, Sondre Rasch and Hans Kjellby. It operates as an Online platform for travel insurance. SafetyWing has raised $47.1M in funding from investors like Byfounders, Y Combinator and Creandum, with a current valuation of $*****. The company has 10 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like Slice, Vertical Insure and Belay.
Company Details
Online platform for travel insurance. Its policies offer coverage for travel, medical, natural disaster, emergency response, and luggage. It offers policies for foreign travelers, nomads, individuals, businesses, freelancers, families, and children. It also offers medical incident and health insurance solutions.
- Website
- safetywing.com
- Email ID
- *****@safetywing.com. support
- Phone Number
- +1 **********
- Registered Address
- San Francisco, USA Oslo, Norway
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series B
Total Funding
$47.1M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 31, 2022
Investors
Ranked
1st among 10 active competitors
Employee Count
184 as on Aug 31, 2026
Legal entities associated with SafetyWing
SafetyWing is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SAFETY NEST INC. CIN: 5893626 , United States, Active | Dec 09, 2020 | - | - | - |
SAFETY NEST INC. CIN: 82-0843958 , United States, Active | Mar 06, 2017 | - | 26 (As on Dec 31, 2024) | - |
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SafetyWing's funding and investors
SafetyWing has raised a total funding of $47.1M over 5 rounds. Its first funding round was on Mar 07, 2018. Its latest funding round was a Series B round on Apr 23, 2022 for $*****. 3 investors participated in its latest round. SafetyWing has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of SafetyWing:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 23, 2022 | 8843397 | Series B | 1349942 | 5805136 | 8649875 | 5571676 |
Jan 22, 2021 | 4687629 | Series A | 9472975 | 3947912 | 8457847 | |
Aug 01, 2019 | 2036245 | Seed | 7356300 | 8440785 |
View details of SafetyWing's funding rounds and investors
SafetyWing's founders and board of directors
Founder? Claim ProfileThe founders of SafetyWing are Sarah Sandnes, Sondre Rasch and Hans Kjellby. Sondre Rasch and Sondre Rasch are the CEOs of SafetyWing.
Here are the details of SafetyWing's key team members:
- Sarah Sandnes: Co-Founder & CTO of SafetyWing. They serve on the board of 1 company.Contact Info: 1 email address
- Sondre Rasch: Co-Founder & CEO of SafetyWing. They serve on the board of 1 company.Contact Info: 1 email address
- Hans Kjellby: Co-Founder of SafetyWing. Contact Info: 1 email address
SafetyWing's Board of Directors
SafetyWing's board has 6 active members. Carl Fritjofsson, Sarah Sandnes, Sondre Rasch, Eric Lagier, Mads Haneborg and Hans Nyvold Kjellby are independent board members.Here is the list of SafetyWing's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 3m | |
dpdghbr | Independent board member | - | Current | 2y 6m |
pvunbfp | Independent board member | - | Current | 4y 6m |
lqtvpdy | Independent board member | - | Current | 8y 6m |
p{dqsqa | Independent board member | - | Current | 2y 9m |
luofqsc | Independent board member | - | Current | 8y 6m |
View details of SafetyWing's Founder profiles and Board Members
SafetyWing's employee count trend
SafetyWing has 184 employees as of Aug 26. Here is SafetyWing's employee count trend over the years:
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SafetyWing's Competitors and alternates
Top competitors of SafetyWing include Slice, Vertical Insure and Belay. Here is the list of Top 10 competitors of SafetyWing, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SafetyWing 2017, San Francisco (United States), Series B | Online platform for travel insurance | $47.1M | 50/100 | |
2nd | Slice 2015, New York City (United States), Series A | Provider of on-demand, digital insurance products for small businesses | $35.5M | 59/100 | |
3rd | Vertical Insure 2022, New York City (United States), Series A | Provider of embedded insurance solutions for platforms across various industries | $16.4M | 54/100 | |
4th | Belay 2020, Philadelphia (United States), Seed | Provider of insurance for publicly traded US stocks | $2.08M | 37/100 | |
5th | Early, Cassidy & Schilling 1913, Rockville (United States), Acqui-Hired | Provider of diversified insurance products | - | - | 30/100 |
6th | Centinel 2022, Chicago (United States), Seed | Provides customizable claims-free coverage for hard-to-insure risks | $20K | 30/100 | |
7th | twentytwenty Insurance Services 2001, Cypress (United States), Acquired | Provider of insurance services | - | - | 24/100 |
8th | Rainvow 2016, San Jose (United States), Deadpooled | Provider of smart contracts platform for insurance | - | 21/100 | |
9th | Oulala 2015, Earth (United States), Deadpooled | Social Insurance | - | - | 20/100 |
10th | E-COMP 1994, Livermore (United States), Unfunded | Provider of simple business insurance solutions | - | - | 19/100 |
Looking for more details on SafetyWing's competitors? Click here to see the top ones
SafetyWing's Investments and acquisitions
SafetyWing has made no investments or acquisitions yet.
News related to SafetyWing
Media has covered SafetyWing for 1 event in last 1 year, It was about people movement.
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Wings appoints Thompson as Europe head of accountsBusiness Travel News Europe•Aug 08, 2025•SafetyWing, Reed & Mackay
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Hitmarker starts strategic partnership with SafetyWingEsports Insider•Dec 14, 2022•SafetyWing, Hitmarker
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SafetyWing secures $35m in Series B funding roundLife Insurance International•Apr 21, 2022•SafetyWing, Kinnevik, Creandum, Byfounders and 3 others
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SafetyWing raises $3.5M seed to offer medical insurance to ‘digital nomads’Inventiva•Aug 01, 2019•SafetyWing, Y Combinator, Byfounders, CreditEase FinTech Investment Fund and 4 others
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