iLife raises $4 million
iLife Technologies closed a $4 million seed round led by Foundation Capital with participation from AME Cloud Ventures, and Cherubic Ventures.
Founded in 2019 and a team of 14, iLife Technologies is a term-life insurance sales platform for brokers to offer a comparison quoting platform to consumers. “Consumers can easily compare plans from over 500,000 policy options, submit preliminary information to apply online in just a few clicks.”
Agents retain their books and 100% of the commission, while iLife charges a monthly licensing fee.