4 years ago
YuLife Secures $70M Series B to Reinvent Life Insurance with a Focus on Healthy Living
London-based insurtech startup YuLife has raised $70 million in a Series B funding round led by Target Global, with participation from new investors Eurazeo and Latitude, as well as existing investors
The company, which focuses on incentivizing healthy lifestyles, will use the funding to develop new products, expand its UK presence, and target new global regions
YuLife's approach to life insurance, which emphasizes well-being, has contributed to its tenfold growth during the pandemic.
ProblemFinancial Services
"making traditional life insurance more focused on enabling users to lead a healthier lifestyle"
Solution
"a life insurance company that incentivizes people to lead healthier lifestyles through various means, focusing on health and wellbeing"