Modern Life

Modern Life Raises $20 million in Series A

Modern Life has successfully raised $20 million in a Series A at a Undisclosed led by Technology focused venture capital investors.

Company Overview

Modern Life is a InsurTech company headquartered in New York NY, founded in 2022 with 80+ employees.

Modern Life is an AI-powered life insurance brokerage that simplifies the process of finding and purchasing life insurance using artificial intelligence to match customers with the best policies.

Fundraising Details

• Amount Raised: $20 million
• Round Type: Series A
• Valuation: Undisclosed
• Date: 2025-11-15
• Investors: Technology focused venture capital investors

About Modern Life

Modern Life is an AI-powered life insurance brokerage that simplifies the process of finding and purchasing life insurance using artificial intelligence to match customers with the best policies. The company is positioned in the InsurTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: New York NY
• Founded: 2022
• Team Size: 80+
• Industry: InsurTech

What This Means

This funding round demonstrates strong investor confidence in Modern Life's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The InsurTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Modern Life's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching Undisclosed marks an important milestone for Modern Life, positioning the company among notable players in the InsurTech industry.

Looking Ahead

With this new capital, Modern Life is well-positioned to execute on its growth strategy and continue building innovative solutions in the InsurTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-11-15. For more information about Modern Life, visit their headquarters at New York NY.