Limited Time Offer
Get $1000 towards your
first investment
Start investing in private markets with Linqto – your access to disruptive startups and pre-IPO companies.
*Terms and conditions apply. See details
Zego, founded in 2016 and headquartered in London, UK, is a commercial motor insurance provider specializing in products for self-employed drivers and fleets. The company offers innovative insurance solutions for private hire taxi drivers, delivery services, and various types of van insurance, all managed through a user-friendly app. Zego's primary focus is on serving the self-employed driver sector, with offerings like the Zego Sense application that provides policy discounts based on driving behavior.
Since its inception, Zego has demonstrated significant growth and attracted substantial investor interest. The company has raised a total of $255.5 million across multiple funding rounds, including a Series C round in March 2021 that valued the company at $1.1 billion. This funding round, led by DST Global and General Catalyst, effectively established Zego as a unicorn in the insurtech space.
While there are currently no official announcements regarding Zego's IPO plans, the company's rapid growth and substantial funding could potentially position it for consideration of going public in the future. However, it's important to note that any discussions about a potential Zego IPO remain speculative at this time.
Factors that could influence Zego's decision to go public might include market conditions, the company's financial performance, and its long-term growth strategy. As with any private company, the decision to pursue an IPO would likely depend on a variety of internal and external factors. Investors interested in the potential opportunity to invest in Zego stock should keep an eye on official company announcements and financial news for any updates on the company's plans.
Get $1000 towards your
first investment
*Terms and conditions apply. See details
While Zego's IPO prospects remain uncertain, investors interested in the insurtech sector don't have to wait on the sidelines. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like Zego, with lower minimum investments than traditional private equity channels. This allows you to diversify your portfolio and potentially benefit from the growth of innovative insurtech companies before they hit the public markets.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.
