logo
logo

SafetyWing revenue hit $24 million in 2023

SafetyWing valuation more than $195 million

SafetyWing team size is 60 employees


How did Latka collect this data?

Play

Latka collected this data by interviewing SafetyWing CEO Sondre Rasch on 04/04/2023

Watch the podcast
logo

SafetyWing

website

How SafetyWing hit $24M Revenue with 25K customers in 2023.

Insurance for digital nomads,

Founded

2017

Founded

Revenue

$24M

2023 Revenue

YOY
-----

YOY

Funding

$46.5M

Funding


SafetyWing Revenue

In 2023, SafetyWing revenue run rate hit $24M in revenue.

  • 2023

    SafetyWing hit $24M in revenue this year

  • 2022

    SafetyWing hit $12M in revenue in 2022

  • 2019

    SafetyWing hit $1M in revenue in 2019

  • 2017

    SafetyWing launched in 2017 with $0 revenue

1100.00% ▲100.00% ▲$1M$12M$24M

SafetyWing Funding History

  • 2022 Series B

    SafetyWing raised a Series B of $35M at a $195M valuation in June 2022

  • 2020 Series A

    SafetyWing raised a Series A of $8M

  • 2019 Seed

    SafetyWing raised a Seed of $3.5M

FUNDING DATEROUNDAMOUNTVALUATION
06/01/2022 Series B $35M $195M
06/01/2020 Series A $8M
06/01/2019 Seed $3.5M

Team

SafetyWing has 60 total employees They have 25000 customers an engineering team of 20

2023
DISTRIBUTIONQTY
Total team size
60
Engineer
20(33%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Sondre Rasch

Sondre is a co-founder & CEO of SafetyWing and host of SafetyWing's Building Remotely podcast, a guide on how to build and scale a remote company. Sondre’s educational background is in economics and computer science. Previously he was a policy advisor for the Government of Norway, working on their social safety net. He was also the co-founder of SuperSide (YC W16), a platform for freelance designers.

Q&A

What`s your age?

36

Favorite online tool?

Teamflow

Favorite book?

Beginning of infinity

Favorite CEO?

Sam Altman

Advice for 20 year old self

Go straight for the thing you love


Customers

SafetyWing has 25K customers.

Lifetime Months

-

x

Monthly ARPU

$45

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$540

$0$540024681012
$0$540024681012

Churn

SafetyWing has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About SafetyWing

Monthly Revenue

$2M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

100.00%

=

Rule of 40

100


SafetyWing Board of Directors

NamePosition

SafetyWing Executives

NamePosition
Sondre Rasch CEO

SafetyWing Employees

NamePosition
Sondre Rasch CEO

Frequently Asked Questions about SafetyWing

When was SafetyWing founded?

SafetyWing was founded in 2017.

How much revenue does SafetyWing generate?

SafetyWing generates $24M in revenue.

Who is the CEO of SafetyWing?

The CEO of SafetyWing is Sondre Rasch.

How much funding does SafetyWing have?

SafetyWing raised $46.5M.

How many employees does SafetyWing have?

SafetyWing has 60 employees.

Where is SafetyWing headquarters?

SafetyWing is headquartered in