AL

Amplify Life Insurance Company

Permanent protection. Growth without market losses.

United States · Founded 2019 · $34.5M raised

Founded
2019
Business Model
B2C
Total Funding
$34.5M
Last Round
$20.0M Series BJun 2024
Rounds
3

About

Amplify Life Insurance Company is a digital life insurance platform incorporated in September 2019 and launched in early 2020 that specializes in permanent cash-value life insurance products, including indexed universal life (IUL) and variable universal life (VUL) policies. The platform helps consumers build long-term wealth and tax-efficient income through policies underwritten by established carriers including Nationwide Mutual Insurance Company and Equitable Financial Life Insurance. Amplify's IUL product offers a 0% interest floor protecting against market downturns while providing upside growth tied to market indexes.

Summary

Amplify Life Insurance Company is a Fintech company based in United States, founded in 2019. It has raised $34.5M in total across 3 rounds, most recently a $20.0M Series B round in Jun 2024. Investors include Crosslink Capital, Anthemis Group and Greycroft.

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Funding History

Series BSeries BJun 2024
$20.0M

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Investors

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