Life5 logo

Life5

Startups icon Seedtable Score 34 Startups icon Startups

1

Funding Rounds

2

Investors

$10.69m

Money raised

Overview

Life5, a tech-enabled life insurance provider based in Madrid, has substantial potential to disrupt the insuretech industry by simplifying and expediting the traditionally cumbersome process of buying life insurance. Unlike conventional insurers, which rely on lengthy, paper-based applications that lead to missed coverage opportunities and consumer frustration, Life5 uses technology to streamline the entire procedure. This efficiency enhances customer satisfaction and potentially reduces premiums, making life insurance more accessible. Backed by investors like Singular VC and Mundi Ventures, Life5 is well-positioned to cater to a tech-savvy consumer base seeking quick and hassle-free insurance solutions.
  • Website: https://life5.com
  • Business model: b2c
  • Company size: 11 - 51 employees
  • Headquarters: Madrid, Spain
  • Founded: 2021
  • Social accounts: Linkedin

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Investors (2)

Singular VC logo Singular VC

Climate Tech & Green Tech, Health Tech, FinTech, Gaming, Hardware, ...

Details
Mundi Ventures logo Mundi Ventures

Climate Tech & Green Tech, Health Tech, FinTech, Agritech, Hardware, ...

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Funding

Funding series

Funding Series Analysis

The company Life5 has raised a total of $10.69m in funding over 1 rounds.

Key Insights:

  • Series A: $10.69m
Life5 logo
Life5 Series A (2023, $10M) $10.69m