Faye: Offering holistic care for Americans on the road

Company name: Faye

Presenter full name: Elad Schaffer

Position: Co-Founder and CEO

Field of business: Travel Insurance

Founders: Elad Schaffer (CEO), Daniel Green (CTO)

Company description: Faye is the first travel insurance to deliver person-first, proactive and holistic care for Americans on the road. We leverage proprietary technology to look after travelers wherever they are, holistically caring for their needs - through insurance, assistance and financial solutions.

Year founded: 2021

Funding round: Series A

Amount raised to date: $18 million

Investors: MunichRe Ventures. Viola Ventures, F2 Venture Capital

Number of employees: 48

Faye was part of the Israeli startup squad that participated in Calcalist's Mind the Tech NY 2024 conference. Calcalist's "Team NY" included early-stage startup companies in the fields of AI & Data, Fintech & Retail, Cyber, Media & Entertainment, Healthtech, and Greentech. The startups joined the official delegation in its journey to New York and took part in discussions at the event, presenting their companies to senior executives from the US and international tech industries.