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Faye raises $50 million in Series C funding led by Madrona Ventures to enhance partnerships and scale its AI-driven travel insurance claims technology.

PRIVATEAug 05, 2026•4 days ago

Amount Raised

$50 Million

Round Type

Series C

San FranciscoSoftware

Investors

Lumir VenturesViola VenturesF2 Venture CapitalPortageBrmMadrona Ventures

Description

Faye, a travel insurance company that automates claim approvals with AI, has secured $50 million in Series C funding. This capital aims to expand partnerships with airlines, hotels, and online travel agencies. The funding round values Faye at approximately $500 million. Other notable investors include BRM, Portage, F2 Venture Capital, Viola Ventures, and Lumir Ventures.

Company Information

Company

Faye

Location

San Francisco, California, United States

About

Faye is redefining insurance with the first 100% digital, consumer-centric travel insurance for Americans enabling smarter, faster, smoother assistance and claims resolutions. Faye's whole-trip protection, coupled with its proprietary technology, provides 24/7 immediate support anywhere in the world, quick reimbursements and an app where you can do it all - from covering your trips to filing claims. Learn more at www.withfaye.com.

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