About JennyLife
JennyLife is a Financial Services company based in Seattle (United States) founded in 2007 by Lief Larson and Chirag Pancholi. App-based life insurance comparison platform for individuals. JennyLife has raised $7.3 million across 2 funding rounds from investors including CMFG Ventures. Its focus areas include FinTech, Internet First Insurance Platforms, Insurance Comparison Platforms and Life. Its legal entity in India is Neptune Lifecare Private Limited (U24299HP2021PTC008672). Its competitors include Sproutt, LifeQuotes and Mira Financial; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Seattle, United States
- Founders Lief Larson, Chirag Pancholi
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website jennylife.com/redirect/index.html
- Social LinkedIn X Facebook
- Legal Name Neptune Lifecare Private Limited
- Date of Incorporation 07 Jul, 2021
- Jurisdiction Solan, Himachal Pradesh, India
- Total Equity Funding$7.3M (USD)
in 2 rounds
- Latest Funding Round$3.8M (USD), Series A
Jun 2021
- Investors
Associated legal entities of JennyLife
JennyLife operates through Neptune Lifecare Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neptune Lifecare Private Limited CIN U24299HP2021PTC008672 | Active | 07 Jul 2021 | Solan, Himachal Pradesh | 2 | View details |
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 $7.3M
- Total Rounds 2
- Last Round Series A — $3.8M
- First Round $3.5M
(Dec 2019)
- Investors Count 1
All 2 funding rounds of JennyLife with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $3.8M | Series A | – | – | – |
| Dec 2019 | $3.5M | Series A | – | CMFG Ventures | – |
1 investors in total: 1 institutional.
Investors in JennyLife
JennyLife has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CMFG Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital firm focused on fintech, Insurtech, and multiple sectors | cmfgventures.com | Madison, United States |
Investor details for JennyLife
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Neptune Lifecare Private Limited (JennyLife)
Neptune Lifecare Private Limited is the primary company behind JennyLife. The board of Neptune Lifecare Private Limited currently have 2 directors; the longest-serving is Ravinder Singh, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravinder Singh DIN 00989064 | Director | 07 Jul 2021 | 5 yrs 3 mo | Neptune Lifecare Private Limited |
| Parwinder Kumar DIN 02448459 | Director | 07 Jul 2021 | 5 yrs 3 mo | Neptune Lifecare Private Limited |
People of JennyLife
2 people are tracked at JennyLife (2 in leadership).
| Name | Role | Group |
|---|---|---|
Lief Larson | Co-Founder | Leadership |
Chirag Pancholi | Co-Founder | Leadership |
Complete people profiles for JennyLife
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of JennyLife
3 dated milestones of JennyLife across 14 years, from founding to its latest funding, stage changes and deals.
- Founded JennyLife is founded.
- Funding First funding round of $3.5M.
- Funding Latest funding round, Series A, of $3.8M.
Competitors of JennyLife
JennyLife has 3 listed competitors in our database, 1 of them funded. They include Sproutt, LifeQuotes and Mira Financial.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sproutt.com | 2019 | Hartford, United States | $38M | Life insurance policies are compared online for individuals. | ||
| lifequotes.com | 1984 | Darien, United States | Life Insurance comparison platform | |||
| mirafinancial.com | 2017 | New York, United States | Serves as a life insurance aggregator for consumers. |
Detailed competitors of JennyLife
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- Full competitor set
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Top companies in Insurance Providers
3 companies that operate in the same segment as JennyLife (Insurance Providers) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of a cloud-based platform for life and P&C insurance | 2015 | New York, New York, United States | USD 644 M | USD 615.2 M | 1,471 | |
Online small business insurance policies are provided. | 2016 | Palo Alto, California, United States | USD 1.12 B | 549 | ||
App-based comparison platform for financial products | 2009 | San Francisco, California, United States | USD 123.3 M | USD 836.6 M | 650 |
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Related news about Jennylife
Complete news archive for JennyLife
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Frequently Asked Questions about JennyLife
JennyLife was founded in 2007 and raised its 1st funding round 12 years after it was founded.
JennyLife is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
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 2019.
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.
JennyLife's top competitors include Sproutt, LifeQuotes and Mira Financial.
JennyLife has 1 investor. Key investors include CMFG Ventures.
JennyLife operates through Neptune Lifecare Private Limited.
The legal entities of JennyLife currently have 2 directors, including Ravinder Singh, Parwinder Kumar.