iLife is a software platform that gives insurance agents and brokers the ability to quickly create their own digital insurance agencies.
iLife's mission is to make selling and buying life insurance faster, easier, and more enjoyable for agents, brokers, and customers.
iLife was founded in 2019 by Nelson Lee. The company is headquartered in Playa Vista, California.
iLife's software is designed to solve pain points in the life insurance sales process. Namely, helping prospects find suitable policies, streamlining communication and identifying strong qualified leads.
iLife offers a robust CRM platform, including live chat, so that life insurance agents can respond instantaneously to prospects instead of responding hours or even days later. The company allows agents to sell policies 24/7, anywhere in the world, while designating a powerful brand presence for them.
iLife's policy database has more than 100M data points that a consumer can search through, with access to more than 670,000 policy options. iLife works with 27 carriers, giving insurance clients a wide portfolio of insurance policies to choose from. It has signed up more than 11,000 agents.
iLife is backed by Foundation Capital, Brewer Lane Ventures, Cherubic Ventures, AME Cloud Ventures, SCOR Ventures, and others. The company raised $17M in a Series A round on Jan 19, 2023. This brings iLife's total funding to $21M to date.