Life5 is a Madrid-based insurtech that sells fully digital life insurance (family, mortgage and senior cover) as a managing general agent, underwriting policies in minutes without medical exams and partnering with carriers such as AXA and CNP Assurances. Founded in 2021 as Getlife and rebranded to Life5 in 2023, it distributes direct-to-consumer and through a network of ~400 brokers, with operations in Spain, France, Italy, Germany and Portugal and a team of 50+ people. Its last announced round was a €10M Series A in June 2023 (~$10.7M), reported at the time as the largest round raised by a Spanish insurtech.
SectorsInsurtech, Fintech, Life Insurance, Consumer
Start-up MapInsurtech › D2C insurance products
Founders
G
Guillermo Alén Iglesias
Co-founder & CEO
Y
Yago Montenegro Méndez
Co-founder & COO
Global models 4
EEthos
United States · www.ethos.com ↗
Sells instant, no-medical-exam term life insurance online, both direct to consumers and through an agent network, with policies issued by partner carriers.
$406MComparable
LLadder
United States · www.ladderlife.com ↗
Runs a fully digital life insurance agency that underwrites term cover in minutes, usually with no medical exam, on paper from partner carriers.
$314MComparable
PPolicygenius
United States · www.policygenius.com ↗
Sells life insurance online direct to consumers and earns commission from carriers. It works as a broker and marketplace rather than as a single-product MGA.
$286MComparable
BBestow
United States · www.bestow.com ↗
Started by selling instant, exam-free term life insurance online, backed by partner carriers. It has since moved into platform software for life insurers.
$257MComparable
In the same niche 5 others
See all in the Start-ups Map →
Notes: Most funded first
Investors 7
Open as list →
MMundi Ventures
mundiventures.com
SSingular
C
Chris Adelsbach
GGlobal Brain
G
Gokul Dhringa
AAthletico Ventures
TThe Delta
Funding rounds 3
News 4
Open as list →| Published | Article |
|---|---|
| 2024-07-18 |
Life 5 sperimenta la settimana corta ↗
Intermedia Channel
2024-07-18 |
| 2024-05-28 |
Life5 arriva in Italia al fianco di Allianz Global Life ↗
Insurzine
2024-05-28 |
| 2024-04-22 |
“Asegurar una vida digna para todos los niños y niñas es nuestra misión y nuestra obsesión" ↗
Corresponsables
2024-04-22 |
| 2023-10-24 |
Life5 y AXA ya pueden iniciar el desarrollo de seguros de vida riesgo digitales en España ↗
Servimedia
2023-10-24 |