Afficiency
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Overview
Afficiency has developed a digital life insurance platform that allows new products to be digitized and made available for distribution rapidly, completely via API. Headquartered in NewYork, the company has been partnering with insurance carriers and reinsurers since 2018 to bring new innovative products to market. All of Afficiency’s life insurance products are digitally underwritten and issued to applicants within seconds.
About
Industries
Information Services, Information Technology, Software, Financial Services, FinTech
Founded
2018
Employees
11-50
Headquarters locations
New York, New York, United States, North America
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N/A
Profile Resume
Afficiency headquartered in New York, New York, United States, North America, operates in the Information Services, Information Technology, Software, Financial Services, FinTech sector. The company focuses on Information Services and has secured $406.0M in funding across 40 round(s). With a team of 11-50 employees, Afficiency is actively contributing to advancements in Information Services. Their latest funding round, Series A - Afficiency, raised $7.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
2
Investors
4
Lead Investors
0
Total Funding Amount
$10.2M
Details
2
Afficiency has raised a total of $10.2M in funding over 2 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2020 | Seed | 3.1M | ||
| 2022 | Early Stage Venture | 7.0M |
Investors
Afficiency is funded by 11 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Impression Ventures | - | FUNDING ROUND - Impression Ventures | 7.0M |
| Western & Southern Financial Group | - | FUNDING ROUND - Western & Southern Financial Group | 7.0M |
| Afficiency | - | FUNDING ROUND - Afficiency | 7.0M |
| SBLI | - | FUNDING ROUND - SBLI | 7.0M |
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