SafetyWing raises $3.5M seed to offer medical insurance to ‘digital nomads’
Former British Prime Minister Theresa May once said “if you believe you are a citizen of the world, you are a citizen of nowhere”. And while that sentiment would be considered risible by just about anybody who works in today’s outward-looking technology industry, if you are a digital worker of the world, you may well be a worker of no insurance.
“People used to be limited to working locally. Now the internet and recent technologies have made it possible to hire and work for companies globally, allowing people to live wherever in the world they choose to, free from the physical restraints of an office location,” says SafetyWing co-founder and CEO Sondre Rasch.
“Unfortunately, social safety nets like health insurance are national and only available in one’s home country. Millions are left to figure this out on their own with the majority going uninsured. To solve this problem, we are building the first global social safety net: a welfare state on the internet”.
Launched last year, SafetyWing first product is focussed on medical travel insurance, with the promise