Plum Life Secures $5.3 Million In Seed Round To Accelerate Growth Of Its Agent-Only Digital Life Insurance Platform
Amount Raised
$5.3 Million
Round Type
Seed
Berkeley HeightsInsuranceDescription
Plum Life Inc announced today it closed a $5.3 Million seed round led by ManchesterStory with additional participation from MTech Capital, Sonostar Ventures and other investors. This round of funding will position Plum Life to build upon its initial success attracting new Insurance Agents to its best-in-class digital life insurance sales platform. The company will make several key hires, continue to enhance the platform and drive sales through targeted advisor outreach.
Quick answer
Plum Life raised $5.3 Million in a Seed round, dated March 2, 2022. Plum Life is based in Berkeley Heights, New Jersey, United States.
- How much did Plum Life raise?
- Plum Life raised $5.3 Million in a Seed round on March 2, 2022.
- What does Plum Life do?
- 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.
- Where is Plum Life based and how big is it?
- Plum Life is based in Berkeley Heights, New Jersey, United States.
Source: Fundz verified event record.
Who else raised in Insurance around the same time
Companies in the same sectors as Plum Life that raised within 45 days of this round, from Fundz verified event records.
- InsurePay raised an undisclosed amount (Series B) on April 12, 2022.
- Shriram General Insurance Company raised an undisclosed amount (Funding Round) on April 11, 2022.
- Sigo Seguros raised $5.4M (Seed) on April 7, 2022.
- BriteCo raised $9M (Series A) on April 6, 2022.
- Wisedocs raised $4.1M (Seed) on March 17, 2022.
- Kin Insurance raised $134M on March 15, 2022.
Who to call at Plum Life, and when
A new round usually means Plum Life is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Plum Life raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Plum Life, from your own LinkedIn network
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Plum Life 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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