London based life insurance and wellbeing platform raised $70m in Series B funding led by Target Global at a post money valuation of $347m.
“YuLife is redefining life insurance, using the most innovative technologies to transform a largely traditional industry. With health and wellbeing increasingly thrust into the limelight in the wake of Covid-19, YuLife is fundamentally changing insurance by incentivizing people to lead healthier lifestyles. YuLife is ideally positioned to build on its tenfold growth during the pandemic and lead the way in helping its clients respond to the challenges posed by an ever-changing working environment. We are very proud to partner with YuLife on its journey of becoming a global leader in life insurance,” said Ben Kaminski, partner at Target Global.