JennyLife

Seattle, United States Founded: 2007 • Age: 19 yrs
App-based life insurance comparison platform for individuals
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About JennyLife

JennyLife is a company based in Seattle (United States) founded in 2007 by Lief Larson and Chirag Pancholi.. JennyLife has raised $7.3 million across 2 funding rounds from investors including CMFG Ventures. JennyLife operates in a competitive market with competitors including Sproutt, LifeQuotes, Mira Financial, Mason and AccuQuote, among others.

  • Headquarter Seattle, United States
  • Founders Lief Larson, Chirag Pancholi
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Jurisdiction Solan, Himachal Pradesh, India
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.3 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.8 M (USD), Series A

    Jun 08, 2021

  • Investors
  • Employee Count
    Employee Count
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Funding Insights of JennyLife

JennyLife has successfully raised a total of $7.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.8 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $3.8M
  • First Round

    (31 Dec 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2021 Amount Series A - JennyLife Valuation

investors

Dec, 2019 Amount Series A - JennyLife Valuation CMFG Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in JennyLife

JennyLife has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CMFG Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by JennyLife

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - JennyLife

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jennylife Comparisons

Employees
+
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Competitors of JennyLife

JennyLife operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sproutt, LifeQuotes, Mira Financial, Mason and AccuQuote, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Life insurance policies are compared online for individuals.
domain founded_year HQ Location
Life Insurance comparison platform
domain founded_year HQ Location
Serves as a life insurance aggregator for consumers.
domain founded_year HQ Location
Disability insurance plans are compared via an online platform.
domain founded_year HQ Location
Life insurance quotes are compared via an online platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Jennylife

Frequently Asked Questions about JennyLife

When was JennyLife founded?

JennyLife was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Where is JennyLife located?

JennyLife is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Is JennyLife a funded company?

JennyLife is a funded company, having raised a total of $7.3M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Dec 31, 2019.

What does JennyLife do?

JennyLife is an app-based life insurance comparison platform for individuals. It offers life insurance policies online and without any medical exams. Users need to provide their basic details to get a quote and then they can make payment online using debit or credit card. All their policies are underwritten by CMFG Life Insurance Company. JennyLife is an affiliate agency of TruStage which is owned by CMFG Life Insurance Company.

Who are the top competitors of JennyLife?

JennyLife's top competitors include Sproutt, Mason and AccuQuote.

Who are JennyLife's investors?

JennyLife has 1 investor. Key investors include CMFG Ventures.

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