Founded Year

2021

Stage

Seed VC - II | Alive

Total Raised

$15M

Last Raised

$15M | 3 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-151 points in the past 30 days

About Modern Life

Modern Life operates in life insurance technology and advisory services within the insurance industry. Its offerings include a brokerage platform and support to help advisors secure life insurance coverage for clients with planning and underwriting needs. Modern Life serves the insurance advisory sector, providing services to assist advisors and their clients in the life insurance process. It was founded in 2021 and is based in New York, New York.

Headquarters Location

295 Lafayette Street

New York, New York, 10012,

United States

929-207-6790

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Modern Life's Product Videos

Modern Life's Products & Differentiators

    Modern Life platform

    Fully integrated, digital end-to-end experience for life insurance quoting, application and management for financial advisors.

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Expert Collections containing Modern Life

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Modern Life is included in 1 Expert Collection, including Fintech.

F

Fintech

9,451 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Latest Modern Life News

Modern Life launches Express Decision

Mar 24, 2025

Modern Life has launched Express Decision, a digital underwriting platform developed in partnership with Munich Re Life US and Ameritas. The platform leverages electronic health records and third-party data to streamline underwriting and reduce the time needed to complete life insurance applications. Applicants often receive a decision instantly—without needles, lab work, or phone interviews—after completing a digital health assessment and signing documents electronically. At launch, Express Decision is available for individuals applying for term life insurance with instant decisions offered for eligible applicants seeking up to $2 million in coverage. Applicants can also apply for up to $20 million in coverage, which involves human underwriters but follows the same digital process. The product includes full features such as policy riders and convertibility to permanent life insurance. Express Decision is currently available in 48 states. “Life insurance today is a complex financial product that requires financial professionals to navigate an often extensive, lengthy application and underwriting process.Express Decision is a transformative capability to give clients an exceptional experience—with instant or fast decisions—without sacrificing on cost or quality. By building the full end-to-end digital delivery experience coupled with proprietary products, we’ve transformed the experience for the 500,000 financial professionals who distribute life insurance every year.” – Michael Konialian, Modern Life Founder and CEO.

Modern Life Frequently Asked Questions (FAQ)

  • When was Modern Life founded?

    Modern Life was founded in 2021.

  • Where is Modern Life's headquarters?

    Modern Life's headquarters is located at 295 Lafayette Street, New York.

  • What is Modern Life's latest funding round?

    Modern Life's latest funding round is Seed VC - II.

  • How much did Modern Life raise?

    Modern Life raised a total of $15M.

  • Who are the investors of Modern Life?

    Investors of Modern Life include Thrive Capital, Gilgamesh and Abstract.

  • Who are Modern Life's competitors?

    Competitors of Modern Life include Dale Underwriting Partners.

  • What products does Modern Life offer?

    Modern Life's products include Modern Life platform.

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