Finaeo secures $5.35M financing led by Luge Capital

CPE Media News (3/26/2019) – Finaeo has raised $5.35 million in a new funding round led by Luge Capital with participation of RGAX/RGA, Rising Tide Fund, iNovia Capital, angel investors, and existing investors, Impression Ventures and iGan Partners.

Finaeo’s digital front-end platform enables insurance advisors to sell personalized and curated life insurance products to end customers efficiently across Canada. Toronto based company’s vision is to become the digital fabric that connects and powers the life insurance industry by building a digital network of insurance carriers around the world.

The new funding will allow Finaeo to continue building the technology required to modernize the insurance industry and power the future of advice.

Read more at Private Capital Journal.