Zego
formerly Extracover Holdings LimitedInsurance built for how you work
London, United Kingdom · Founded 2016 · $221.7M raised
- Headquarters
- London
- Employees
- 201–500
- Founded
- 2016
- Business Model
- B2B2C
- Website
- zego.com
- Total Funding
- $221.7M
- Last Round
- $28.0M Series CApr 2026
- Rounds
- 8
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Zego is a UK-based insurtech company founded in 2016 that provides flexible commercial motor insurance for self-employed drivers, gig economy workers, and business fleets. Zego uses telematics and usage-based pricing to offer cover by the hour, day, or year — rewarding safer driving habits with lower premiums. The company became the UK's first insurtech unicorn in 2021 at a $1.1 billion valuation. Its platform combines real-time data, mobile app telematics, and automated underwriting to serve rideshare drivers, delivery couriers, and fleet operators across the UK and Europe.
Summary
Zego is a Financial Services company based in London, United Kingdom, founded in 2016. It has raised $221.7M in total across 8 rounds, most recently a $28.0M Series C round in Apr 2026. Investors include Balderton Capital, DST Global and Sompo Holdings.
Tech & App Stack
36 technologies & apps tracked
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Funding History
Apr 2026
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Funding: Angel through Series C. Amounts, valuations, and investors where available.
Investors
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