Israeli insurtech company Assures Allies raises USD42.5m
Israeli insurtech company Assured Allies today announced the completion of a $42.5 million Series B financing round. This brings the total amount raised by Assured Allies to $65 million.
The round was co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Hamilton Lane, New Era Capital Partners, MS&AD ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next.
Assured Allies platform combines machine learning and predictive analytics with the latest science-of-aging and essential human support, to offer aging programs proven to reduce the risk of disability, and next-generation retirement products that make long-term care insurance accessible and financially sustainable.
