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Olé Life raised $13M in Series B funding led by PayPal Ventures to enhance their digital insurance offerings across Latin America.

PRIVATEJan 16, 2025

Amount Raised

$13 Million

Round Type

Series B

MiamiFinancial ServicesFintechInsurtechInsurance

Investors

PayPal VenturesAdvent MorroMundi VenturesAv8

Description

Olé Life has successfully secured $13 million in Series B funding to further develop its all-digital life insurance platform. The investment, led by PayPal Ventures, aims to enhance the company's offerings across Latin America, making insurance products more accessible.

Quick answer

Olé Life raised $13 Million in a Series B round, dated January 16, 2025. Investors: PayPal Ventures, Advent Morro, Mundi Ventures and Av8. Olé Life is based in Miami, Florida, United States.

How much did Olé Life raise?
Olé Life raised $13 Million in a Series B round on January 16, 2025.
Who invested in Olé Life?
PayPal Ventures, Advent Morro, Mundi Ventures and Av8 are named as investors in this round.
What does Olé Life do?
Olé is a company focused on offering protection and well-being products and services that, through its technology, allow people to have the freedom to take advantage of their lives.
Where is Olé Life based and how big is it?
Olé Life is based in Miami, Florida, United States.
Who are the decision-makers at Olé Life?
Fundz holds 1 contact at Olé Life. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Fintech around the same time

Companies in the same sectors as Olé Life that raised within 45 days of this round, from Fundz verified event records.

  • Weecover raised $4.4M (Seed) on January 23, 2025.
  • Adaptive Insurance raised $5M (Seed) on February 25, 2025.
  • Comulate raised $20M (Series B) on February 12, 2025.
  • UpCover raised $45M (Funding Round) on February 9, 2025.
  • Naked Insurtech raised $38M (Series B) on January 21, 2025.
  • Pacific Life raised $1.1M (Seed) on March 1, 2025.

Who to call at Olé Life, and when

A new round usually means Olé Life is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Olé Life

Location

Miami, Florida, United States

About

Olé is a company focused on offering protection and well-being products and services that, through its technology, allow people to have the freedom to take advantage of their lives. Amedex's history in the industry has provided us with the experience we have today that allows us to provide long-term financial protection to people and companies in Latin America and the Caribbean as an international insurer. Amedex, now under the name of Olé, is renewed to offer you more products that fit your needs

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Olé Life raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.