Dpl Financial Partners Secures Additional Growth Capital As Annuity Sales On Platform Top $1 Billion
Amount Raised
$1 Billion
Round Type
Funding Round
LouisvilleMarketplaceInsurtechInsuranceDescription
DPL Financial Partners (“DPL”) announced today that its two outside investors, Eldridge and Atlas Merchant Capital, have invested an additional $20 million (combined) in the turnkey insurance management platform for registered investment advisors. The new equity commitment coincides with DPL surpassing $1 billion in commission-free annuity purchases by advisors on behalf of their clients. Members also have placed approximately $825 million in commission-free life insurance through DPL.
Quick answer
DPL Financial Partners raised $1 Billion in a Funding Round round, dated September 27, 2022. DPL Financial Partners is based in Louisville, Kentucky, United States.
- How much did DPL Financial Partners raise?
- DPL Financial Partners raised $1 Billion in a Funding Round round on September 27, 2022.
- What does DPL Financial Partners do?
- DPL Financial Partners is the leading commission-free annuity marketplace bringing best-in-class solutions from the nation's top carriers to registered investment advisors (RIAs), their clients, and consumers.
- Where is DPL Financial Partners based and how big is it?
- DPL Financial Partners is based in Louisville, Kentucky, United States. Fundz records about 93 employees.
- Who are the decision-makers at DPL Financial Partners?
- Fundz holds 1 contact at DPL Financial Partners. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Marketplace and Insurtech around the same time
Companies in the same sectors as DPL Financial Partners that raised within 45 days of this round, from Fundz verified event records.
- Amplify raised an undisclosed amount on October 3, 2022.
- Stere raised $5M (Seed) on September 26, 2022.
- PolicyMe raised $18M (Funding Round) on September 20, 2022.
- Milly Books raised $250K on September 19, 2022.
- Planck raised $71M (Funding Round) on September 14, 2022.
- Blnk raised $32M on November 10, 2022.
Who to call at DPL Financial Partners, and when
A new round usually means DPL Financial Partners is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day DPL Financial Partners raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DPL Financial Partners, from your own LinkedIn network
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Related People
DPL Financial Partners raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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