Tech Company Financing Transactions
Amplify Life Insurance Funding Round
On 6/17/2024, Amplify Life Insurance landed $20 million in Series B funding from Anthemis Group, Crosslink Capital and Evolution VC Partners.
Transaction Overview
Company Name
Announced On
6/17/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors
Anthemis Group (Lead Investor)
Crosslink Capital (Lead Investor)
Proceeds Purpose
With the fresh capital, Amplify Life plans to bolster its workforce, aiming to increase its headcount from 100 to approximately 125.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
2111 Lane St 24560
San Francisco, CA 94124-0560
USA
San Francisco, CA 94124-0560
USA
Phone
Website
Email Address
Overview
Amplify offers a clear path towards an abundant future, built by you. Founded in 2019 by industry veterans, Amplify's mission is to help consumers build tax-efficient wealth through their life insurance policies in a simple and streamlined customer experience. Previously, wealth-building life insurance policies were used by the wealthiest 1%. Now, Amplify is offering unique, transparent, and low-cost wealth-building life insurance products to be accessed by everyone.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hanna Wu
Chief Operating Officer
Qiyun Cai
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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