Plum Life Raises $2.45M Seed Round To Accelerate Its Digital Life Insurance Platform Targeting Insurance Advisors

Oct 21, 2021•over 3 years ago

Amount Raised

$2.45 Million

Round Type

seed

Warren

Description

Plum Life Inc announced today it closed a $2.45M seed round led by Sonostar Ventures, LLC back in Q2 of this year. With this initial round of funding, Plum Life will continue to grow its operations and increase the number of advisors they do business with. The funding will also drive platform and product enhancements, drive sales through targeting advisor outreach and partnership development.

Company Information

Company

Plum Life

Location

Warren, North Carolina, United States

About

Plum Life is on a mission to create the ideal life insurance experience where the confidence of working with an advisor and the ease and convenience of buying online meet in one place. At its core, Plum Life is a Life Insurance technology company. The company offers an agent-only digital experience designed to simplify the entire process of selling life insurance from quoting to application to issue. Designed especially for the life insurance industry, Plum Life’s integrated platform combines the capabilities of a modern technology company and the personal attention and service of an advisor. Founded in 2020, and based in Warren, New Jersey, the company leverages its proprietary technology platform fueled by Machine Learning, behavioral science, AI and Swiss Re's Magnum. Learn more at www.helloplum.com

Plum Life Raises $2.45M Seed Round To Accelerate Its Digital Life Insurance Platform Targeting Insurance Advisors

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Company Information