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

Executive appointments for MetLife UK

Executive appointments for MetLife UK

Promotions and senior appointments

Cameron Roberts
clock 10 February 2025 • 1 min read
COVER Customer Care Awards: Entries open

COVER Customer Care Awards: Entries open

Deadline to enter, 14 March, 2025

COVER
clock 06 February 2025 • 1 min read
New head of product and proposition strategy for Canada Life UK

New head of product and proposition strategy for Canada Life UK

Chris Morgan takes the role

Cameron Roberts
clock 05 February 2025 • 1 min read