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1000 Modern Life Raises $20M to Cut Life Insurance Policy Cycle Times from Six Months to Minutes

AlleyWatch
AlleyWatch @ AlleyWatch 2 place · 11/20/2025 09:27 EDT

Life insurance policies typically take six months to close, but Modern Life just raised $20M to change that timeline to minutes. Led by Thrive Capital with participation from New York Life Ventures and Northwestern Mutual Future Ventures, this round backs an AI-powered platform that's solving what 500,000 financial advisors face daily: navigating dozens of carriers, complex underwriting, and fragmented legacy tools that make serving clients unnecessarily difficult. Find out how they're consolidating 10+ too

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