YuLife reports latest financial results

Life insurance startup YuLife has released its financial results for the year ended June 30, 2025.

Revenue grew 40% YoY to £13.9M, driven mainly by SaaS income (£3.8M), while group risk products revenue stayed flat at £7.2M. YuLife operates in the UK, US, South Africa, and Japan, but less than 2% of revenue was generated outside the UK.

Net loss narrowed to £20M from £25.4M, helped by an 18% headcount reduction – from an average of 209 to 171.

Cash and short-term investments stood at £38.2M as of June 30, 2025, down from £59.4M a year earlier.