DeadHappy secures £11.25M in latest funding round

Venture capital and individual investors

John Brazier
clock • 1 min read

Life insurance provider DeadHappy has raised $15 million (£11.25m) in equity through its latest funding round.

Previous investors VC Octopus and Headline both returned to reinvest in the latest round, which also included new investors Volution, Verso Capital and Channel 4 Ventures. Meanwhile, the provider also received backing from over 1,000 individual investors through a crowdfunding campaign via Seedrs. The provider, which offers term life policies, covering policyholders for five to 10 years with only a year-long fixed rate, stated that the funding will allow it to grow further through building the technology and capabilities of its ‘deathwish' platform, and "continue to reshape how people...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Insurer

Aviva paid out £1.89bn in claims during 2024

Aviva paid out £1.89bn in claims during 2024

Nearly 62,000 claims

Cameron Roberts
clock 25 March 2025 • 2 min read
MetLife pays out £224m in group claims in 2024

MetLife pays out £224m in group claims in 2024

99% of group life claims paid

Jaskeet Briah
clock 24 March 2025 • 1 min read
The Exeter's HealthWise appointments rise by 175%

The Exeter's HealthWise appointments rise by 175%

Members aged 31-40 were the most engaged

Jaskeet Briah
clock 20 March 2025 • 2 min read