LifeRaft (Seed)
Funding Details
Awarder
Inbox
Date Award
December 22, 2020
Vertical
Insuretech
Funding Amount
$3,500,000
Company Info
Founders
Ian Blumenfeld
Market
Supplementary health insurance
Location
Oakland, CA, USA
Coinvestors
Costanoa Ventures, XYZ Ventures
Company Description

LifeRaft is a new insuretech company in supplementary health insurance with a mission to build reliable safety nets that work. Its products offer affordable monthly premium options and a direct cash benefit to the policy holder upon a covered event. The LifeRaft platform is fully digital from application to policy generation to claims for a seamless purchase, enrollment and administrative experience.

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