Amplify Life Insurance, a digital platform empowering wealth-building through permanent life insurance, secures $20million in series B round funding.
Anthemis and Crosslink Capital lead the round. Along with the ongoing backing of previous investors Greycroft, Munich Re Ventures, and Foxe Capital, new investors Moneta Ventures and Evolution Ventures joined the round.
The business will shortly introduce a line of proprietary items thanks to the additional cash.
Amplify is a 2019-founded digital platform for permanent life insurance that gives users direct access to products that provide lifetime protection and tax-efficient investment returns.
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To assist clients in learning about plans and tailoring an insurance policy to their requirements, the company offers real-time pre-underwriting, product recommendation and pricing, and an AI-enabled educational experience. Amplify has thousands of satisfied clients and is available in all 50 states.
The business also welcomed two new board members: Mark Williamson, a former COO of Masterclass, and Michelle Cheung, a former CFO of Next Insurance.
About Amplify
Amplify is leading the way in next-generation curriculum and formative assessment. Their captivating core and supplemental programs in ELA, math, and science engage all students in rigorous learning and inspire them to think deeply, creatively, and for themselves. Their formative assessment and intervention products turn data into practical instructional support to help students at every skill level build a strong foundation in early reading and math.
