Plum Life Raises $2.45M Seed Round To Accelerate Its Digital Life Insurance Platform Targeting Insurance Advisors
Amount Raised
$2.45 Million
Round Type
Seed
Berkeley HeightsInsuranceDescription
Plum Life Inc announced today it closed a $2.45M seed round led by Sonostar Ventures, LLC back in Q2 of this year. With this initial round of funding, Plum Life will continue to grow its operations and increase the number of advisors they do business with. The funding will also drive platform and product enhancements, drive sales through targeting advisor outreach and partnership development.
Quick answer
Plum Life raised $2.45 Million in a Seed round, dated October 21, 2021. Plum Life is based in Berkeley Heights, New Jersey, United States.
- How much did Plum Life raise?
- Plum Life raised $2.45 Million in a Seed round on October 21, 2021.
- 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.
- The Demex Group raised $9M (Funding Round) on December 2, 2021.
- Delos Insurance Solutions raised an undisclosed amount (Seed) on December 1, 2021.
- Amplify raised $12M on November 4, 2021.
- Coterie raised $48M on November 1, 2021.
- Acko raised $255M (Funding Round) on October 27, 2021.
- Coterie raised $50M (Series B) on October 26, 2021.
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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Fundz sees it the moment Plum Life raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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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