Life5 raises €10 million

Life5, previously Getlife, has secured €10 million in funding from Singular, Mundi Ventures and Global Brain (Sony Financial Ventures).

Founded in 2021, Life5 promises a fully digital experience for the different life insurance products it offers. The MGA works with several insurers including AXA and CNP Assurances. It is currently live in Spain and France.

“We’re very satisfied with the result of this third round of financing, which demonstrates the confidence that investors have in our vision and in the value we offer. This financial backing will allow us to drive our growth strategy and strengthen our position in the life insurance market as we continue to offer cutting-edge solutions to our customers.” – Guillermo Alén, CEO of Life5.

“The transformation we are seeing in life insurance is immense with new businesses appearing all the time. In life insurance, Life5 is the foremost benchmark in Spain and France, with an unparalleled product and a dynamic technology, making them great pioneers in this sector.” – Raffi Kamber, general partner, founder at Singular.