Life insurtech YuLife has announced that T. Rowe Price Associates has joined as an investor after participating in the recent Series C funding round.
The investment and asset management giant joins other investors such as Dai-ichi Life, Creandum, LocalGlobe, Target Global, Latitude, Anthemis, OurCrowd, Notion, MMC and Eurazeo. Funding will be used to support the company as it expands into the US market. In July this year, YuLife raised a further $120m (£95m) to broaden its reach into global markets and upscale its product range to include other financial and insurance products. Sammy Rubin, chief executive and founder, YuLife, said: "We are thrilled to welcome the T. Rowe Price investors, who will support our continued developm...
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