---
title: Insurtech Modern Life raised $20 mn to scale its AI powered life insurance platform
description: "\"Modern Life raises $20 million in funding to enhance its AI-driven brokerage platform and expand partnerships in the life insurance industry, benefiting both consumers and agents.\""
---

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# [Insurtech Modern Life raised $20 mn to scale its AI powered life insurance platform](https://insnerds.com/news/insurtech-modern-life-raises-20-mn-to-scale-ai-powered-life-insurance-platform)

 Written by [Insurance Nerds Editorial Team](https://insnerds.com/news/author/insurance-nerds-editorial-team) | Nov 25, 2025 12:18:50 AM

### Modern Life Raises $20 Million for Growth

Modern Life, an insurtech company focused on life insurance, has successfully secured $20 million in a Series A funding round. The round was led by Thrive Capital, a well-regarded investment firm known for supporting technology-driven businesses.

### Expanding AI-Driven Platform

The company plans to use the freshly acquired capital to enhance its AI-driven brokerage platform. This technology aims to streamline and simplify the life insurance process for both consumers and agents, making it more accessible and efficient.

### Focus on Partnerships

In addition to growing its technology, Modern Life is also looking to expand its partnerships across the United States. This growth strategy indicates a commitment to increasing its market presence and enhancing customer offerings through collaboration with other industry players.

### Who Will Be Affected?

This development stands to mainly impact consumers seeking life insurance, as Modern Life's improvements to its platform could lead to a better buying experience. Additionally, insurance agents may benefit from enhanced tools and resources that leverage AI technology.

### Conclusion

Overall, Modern Life’s recent funding round reflects a continued investment in technology within the insurance sector. By enhancing its platform and expanding partnerships, the company aims to play a significant role in modernizing life insurance, demonstrating the ongoing evolution in this space.

Original Source: [https://beinsure.com/news/insurtech-modern-life-raised-20mn/](https://beinsure.com/news/insurtech-modern-life-raised-20mn/)

[View full post](https://insnerds.com/news/insurtech-modern-life-raises-20-mn-to-scale-ai-powered-life-insurance-platform)

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