Latest PolicyMe Press from Cision

PolicyMe raises $3.3 million to simplify the process of buying life insurance

PolicyMe is excited to announce it has successfully raised a $3.3 million round of funding from a syndicate of international and domestic investors, co-led by Consorcio - HCS Capital and Westdale Properties. With this new financial injection, PolicyMe can further capitalize on its early success in the Canadian digital life insurance space. The funds will be used to enhance PolicyMe's life insurance buying process with new technology and financial literacy tools. Product innovation is also front and center for PolicyMe, and the company believes that rejuvenating the industry's stagnant product shelf will reduce prices and increase customer value.

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About PolicyMe

PolicyMe is a digital insurance solution on a mission to make buying life, health, and critical illness insurance effortless. We’ve cut out the unnecessary steps, lowered costs, and built a straightforward way for Canadians to get covered without the hassle. We know insurance isn’t just about policies; it’s about people, not paperwork. That’s why we focus on giving honest advice, fair prices, and a process that actually makes sense. No upselling, no confusion—just reliable coverage designed with you in mind.