companies

Life5

Founded 2021
Employees 40+
Primary contact
Calle Francisco de Rojas, 3 - 6ºD
28010 Madrid
Spain
Links
https://life5.com/
Sections
Formerly called Getlife, Life5 is a life insurance startup that has come to "renew the industry." It does that with the help of technology to provide everyone with easy and affordable life insurance with the best market conditions. And thanks to this, Getlife life insurance can be purchased in just 5 minutes, with no medical exams or blood tests involved. Also, it allows users to cancel anytime, and quickly and easily modify their coverage. The company acts as a managing general agent and partners with insurers and reinsurers, such as AXA and CNP Assurances.
Founded 2021
Employees 40+
Primary contact
Calle Francisco de Rojas, 3 - 6ºD
28010 Madrid
Spain
Links
https://life5.com/
Sections

Funding 💰

Total €17M
Last round 🔗 €10M
Series A
June 6, 2023.
Select investors Singular, Global Brain, Alma Mundi Ventures

Key people 🧑‍🤝‍🧑

Highlights ⭐

  • Eyes on Europe: As of June 2023, Life5's services are available in Spain and France, with expansions to Portugal and Germany coming soon. And after that, chances are they will be heading to other European countries.
  • Beyond direct-to-consumer: Most of Life5's business comes from its own channels, namely its website. However, in addition to the direct-to-consumer distribution channel, the company also partners with brokers, agents and affiliates to distribute its products.
  • Media love: The company has been featured in several media outlets such as Forbes, La Vanguardia, El Confidencial, Europa Press, TechCrunch, Insurtech Insights, and more.

In the news 📰

Spain's Life insurance startup Getlife rebrands to Life5, raises $10.7M
June 8, 2023
Last update: June 13, 2023