yulife raises £10m funding

Led by Creandum Funds

Adam Saville
clock
 The yulife team
Image:

The yulife team

MMC Ventures and Notion Capital join existing investors Anthemis Exponential, RGAx and OurCrowd

Group life insurance start-up for SMEs, yulife, has raised £10m worth of Series A funding during a round led by Creandum Funds, the backers of Spotify, iZettle and depop. MMC Ventures and Notion Capital contributed to the round, following the £3m seed-round led by LocalGlobe involving Anthemis Exponential Ventures, RGAx and Israel's OurCrowd last year. The yulife app incentivises members to complete wellbeing activities, such as walking or meditation, with rewards such as Avios air mile...

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