Travel insurance startup Faye announced it has raised $31 million
in Series B funding, bringing the company’s total funding to $49 million.
The round was led by Portage, a global investment platform,
along with contributions from Lumir Ventures, F2 Venture Capital, Viola
Ventures and Munich Re Ventures, which also led the company’s Series
A funding in 2023 that raised $10 million.
Since then, Faye has made additional improvements to its platform, including pre-trip essentials so travelers know vaccine and health
mandates, telemedicine access to doctors worldwide, app recommendations and
emergency numbers.
Since
launching its travel insurance app in 2022, Faye has continued to offer…