M
Modern Life
Tech-enabled brokerage helping everyone protect what matters most
About Modern Life
Modern Life is an innovative insurance technology company that seamlessly blends advanced technology with life insurance brokerage expertise. The company operates in the life insurance market, providing both permanent and term life insurance options. Modern Life primarily serves insurance advisors, empowering them to offer tailored insurance solutions to their clients. By leveraging sophisticated technology, Modern Life simplifies the complex process of finding the right coverage, making it more efficient and user-friendly.
The business model of Modern Life revolves around supporting insurance advisors. The company provides these advisors with access to a comprehensive suite of products from 30 leading national carriers. This extensive network allows advisors to offer their clients high-quality, customized insurance products. Modern Life makes money through commissions and fees earned from the insurance policies sold via its platform.
Modern Life's technology platform is designed to streamline the insurance process, making it faster and more confident for both advisors and their clients. The company’s goal is to help everyone find the right coverage at the best value, ensuring that each life insurance client receives individualized attention and solutions that meet their specific needs.
In summary, Modern Life is revolutionizing the insurance industry by combining cutting-edge technology with deep insurance expertise, enabling advisors to provide their clients with the best possible coverage options.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- New York City, United States
- Employees
- 55
- Open positions
- 4
- Dealroom signal
- 89.9/100
- Industry
- Fintech
- Sub-industry
- Insurance
- Sector
- Fintech, Insurtech Distribution and Brokerage, Life Insurance, LandH Insurance
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Nov 2025 | $20M | $80M | Northwestern Mutual Future Ventures · Allegis Capital · New York Life Ventures · Thrive Capital | ↗ |
| SEED✓Equity / VC | Aug 2022 | $15M | $60M | Thrive Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Modern Life is 9.3K monthly website visits, down 38% over the last three months. Modern Life's team grew 25% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
| Company | Headquarters | Status | Employees | Total funding | Valuation |
|---|---|---|---|---|---|
 Racks InsuranceMarketplace for personalized life and annuity insurance. |
Sarasota, United States | Operational | — | — | — |
 Cover MeInsurance lead generation and quote comparison platform. |
Champaign, United States | Operational | |||
 BimaBecho.comDigital insurance comparison and purchasing platform. |
Cuttack, India | Operational | |||
 CoverDadAI-powered insurance marketplace for families. |
Coral Gables, United States | Operational | |||
 Top Whole LifeOnline marketplace for comparing whole life insurance quotes. |
— | Operational | |||
 Pinnacle LifeDirect-to-consumer online life and income protection insurance. |
New Zealand | Operational | |||
 MyTermLife.AIAI-powered life insurance with accessible living benefits |
Boca Raton, United States | Operational | |||
 Xpress Term LifeMarketplace for term life insurance with living benefits |
— | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A3 investors entered at this stage
Northwestern Mutual Future Ventures
Allegis Capital
New York Life Ventures
Other known investors4 additional known investors
Altai Ventures
Everywhere Ventures- HVHSCM Ventures
The Fintech Fund
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Modern Life on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Modern Life’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.