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| less than a minute read

Sproutt raises $12m to find your best life insurance policy with AI

Connecticut based AI-enabled insurtech startup raised $12m in Series A from State of Mind Ventures, Moneta Capital, and Guardian Life.

“For decades life insurance providers have mainly sought to punish negative lifestyle choices such as smoking when calculating pricing. As crazy as it sounds, until now the industry has almost never even tried to reward people for being healthy; for being active, eating and sleeping well, or living a balanced life,” he explained.

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insurtech, insurance