About New York Life Insurance
New York Life Insurance is a company based in New York (United States) founded in 1845.. New York Life Insurance has raised $4.14 billion across 3 funding rounds. New York Life Insurance has completed 2 acquisitions, including Candriam and Credit Value Partners. New York Life Insurance offers products and services including Term Life Insurance, Whole Life Insurance, Annuities, and Mutual Funds. New York Life Insurance operates in a competitive market with competitors including PayPal, Snowflake, Alteryx, Synchrony and Fidelity Investments, among others.
- Headquarter New York, United States
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Sectors
TechnologyFinancial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name New York Life Insurance Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.14 B (USD)
in 3 rounds
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Latest Funding Round
$51.33 M (USD), Series D
Apr 12, 2017
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Candriam
& 1 more
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Products & Services of New York Life Insurance
New York Life Insurance offers a comprehensive portfolio of products and services, including Term Life Insurance, Whole Life Insurance, Annuities, and Mutual Funds. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Temporary life coverage at lower costs for protection.
Permanent policy with guaranteed benefits and cash value.
Long-term options providing stable income streams.
Managed investments for potential market gains.
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Leadership Team
180 people
Software Development Team
102 people
Finance and Accounting
36 people
Product Management Team
24 people
Human Resources and Administration
23 people
Data Analysis and Operations Team
22 people
Sales and Marketing
21 people
Senior Team
15 people
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Funding Insights of New York Life Insurance
New York Life Insurance has successfully raised a total of $4.14B across 3 strategic funding rounds. The most recent funding activity was a Series D round of $51.33 million completed in April 2017. 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 Funding
- Total Rounds 3
- Last Round Series D — $51.3M
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First Round
First Round
(15 Jan 2006)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2017 | Amount | Series D - New York Life Insurance | Valuation |
investors |
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| Jul, 2016 | Amount | Series D - New York Life Insurance | Valuation |
investors |
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| Jan, 2006 | Amount | Series D - New York Life Insurance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by New York Life Insurance
New York Life Insurance has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Candriam and Credit Value Partners. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Diversified investment management services are provided across various assets.
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2010 | ||||
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Impact investments are managed by this Brussels-based venture capital firm.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - New York Life Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
New York Life Insurance Comparisons
Competitors of New York Life Insurance
New York Life Insurance 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 PayPal, Snowflake, Alteryx, Synchrony and Fidelity Investments, 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 |
Online payment solutions are offered to consumers and businesses.
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Cloud-based big data warehouse for enterprise data management is provided.
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| domain | founded_year | HQ Location |
Cloud-based data analytics solutions are delivered for insight generation.
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Synchrony is engaged in providing credit cards and banking services.
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Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on New York Life Insurance
Frequently Asked Questions about New York Life Insurance
When was New York Life Insurance founded?
New York Life Insurance was founded in 1845 and raised its 1st funding round 161 years after it was founded.
Where is New York Life Insurance located?
New York Life Insurance is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of New York Life Insurance?
Brooke Zrno Grisham is the current CEO of New York Life Insurance.
Is New York Life Insurance a funded company?
New York Life Insurance is a funded company, having raised a total of $4.14B across 3 funding rounds to date. The company's 1st funding round was a Series D of $2.03B, raised on Jan 15, 2006.
What does New York Life Insurance do?
Founded in 1845, New York Life Insurance operates as a mutual company in the life insurance and asset management sector. Insurance, investment, and retirement solutions are offered to individuals and businesses across the United States. In 2022, annual revenues of 58.44 billion were recorded, alongside a net loss of 1.12 billion. The firm is headquartered in New York.
Who are the top competitors of New York Life Insurance?
New York Life Insurance's top competitors include Snowflake, Synchrony and Fidelity Investments.
What products or services does New York Life Insurance offer?
New York Life Insurance offers Term Life Insurance, Whole Life Insurance, Annuities, and Mutual Funds.
How many acquisitions has New York Life Insurance made?
New York Life Insurance has made 2 acquisitions, including Candriam, and Credit Value Partners.
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