Sureify, a San Jose, CA-based digital insurance platform designed to modernize the life insurance and annuity industry, raised $15M in Series C funding.
The round was led by Aspen Capital Group with participation from existing investors.
The company intends to use the funds to further build out its platform and ramp up research and development efforts.
Led by Dustin Yoder, CEO, Sureify provides a platform helping carriers acquire, service and engage their customers. The company enables omnichannel sales with LifetimeACQUIRE, a product that drives placement rates via quoting, e-application, automated underwriting and new business transmission. With LifetimeSERVICE, insurers are offering their in-force customers comprehensive self-service portals and native applications. Lastly, LifetimeENGAGE fosters a lifelong relationship between carriers and their policyholders with multifaceted engagement programs and analytics.
Sureify’s Lifetime platform is used by industry-leading life insurers, such as Allstate, Amica, Principal, Modern Woodmen of America, State Farm, AAA Life, Brighthouse Financial and Vantis Life (a Penn Mutual company) to add scale, functionality and efficiency without the need for hiring additional people, building proprietary software or taking on other expenses traditionally required to meet modern customer expectations. This uniquely prepares insurers to meet ever-changing customer needs and compete in the digital arena.
FinSMEs
29/09/2021