Anthony R. O’Donnell // November 19, 2025 
(Image source: Modern Life homepage.)
Modern Life (New York) has raised $20 million in Series A funding to expand its AI-powered life insurance platform for financial advisors. The round was led by Thrive Capital (New York), with participation from New York Life Ventures, Northwestern Mutual Future Ventures, and Allegis.
Michael Konialian, Co-Founder and CEO, Modern Life.
The funding brings Modern Life’s total capital raised to $35 million and will support further product development, strategic partnerships, and national growth.