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Modern Life Secures $20M Series A Led by Thrive Capital
Series AVenture Capital

Modern Life Secures $20M Series A Led by Thrive Capital

•November 19, 2025
•Nov 19, 2025
0

Participants

Modern Life

Modern Life

company

Thrive Capital

Thrive Capital

investor

NYL Ventures

NYL Ventures

investor

Allegis Group

Allegis Group

investor

Why It Matters

The infusion of capital positions Modern Life to expand its AI‑based insurance brokerage model, potentially reshaping how advisors quote and underwrite life policies and intensifying competition in the insurtech sector.

Deal Summary

Modern Life, an AI‑powered life‑insurance brokerage, announced a $20 million Series A round led by Thrive Capital with participation from New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis. The funding brings its total capital to $35 million and will accelerate product development and nationwide partnership expansion.

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