Tech Company Financing Transactions
Plum Life Funding Round
Plum Life, based in Berkeley Heights, received $5.3 million in funding from ManchesterStory Group, MTech Capital and private investors.
Transaction Overview
Company Name
Announced On
3/2/2022
Transaction Type
Venture Equity
Amount
$5,300,000
Round
Seed
Investors
ManchesterStory Group (Lead Investor) (Matthew Kinley)
MTech Capital (Kevin McLoughlin)
Proceeds Purpose
This round of funding will position Plum Life to build upon its initial success attracting new Insurance Agents to its best-in-class digital life insurance sales platform.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
400 Connell Dr. 1300
Berkeley Heights, NJ 07922
USA
Berkeley Heights, NJ 07922
USA
Phone
Website
Email Address
Overview
Plum Life is on a mission to create the ideal life insurance experience where the confidence of working with an advisor the and convenience of buying online meet in one place. The company offers an agent only digital experience designed to simplify the entire process of selling life insurance from quoting to application and to issue.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Manish Bhatt
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