Modern Life Launches to the Public with $15M in Funding:
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Our Story

Modern Life is a tech-enabled life insurance brokerage. With a focus on empowering advisors, Modern Life offers advanced technology solutions to digitally streamline advisors’ practices and expert brokerage support. With Modern Life, advisors nationwide can compare quotes from top carriers in minutes, perform data-driven underwriting assessments, manage clients from an integrated dashboard, and receive comprehensive deal support.

Leadership

Michael Konialian
Co-founder & CEO
Michael formerly built and scaled several InsureTech businesses as part of the leadership team at CoverWallet, a leading InsureTech startup, from its period of hypergrowth through its acquisition by Aon. There, he started and led CoverWallet for Agents, the agent distribution business unit of CoverWallet which rapidly grew to serve thousands of agents. He previously worked at McKinsey & Company, where he served major financial services companies on growth strategy and digital transformation, the U.S. State Department, and NASA. He holds an MBA from Harvard Business School and a B.S. in Engineering from Princeton University.
Jack Arenas
Co-founder & CTO
Jack was formerly the Co-founder and Chief Technology Officer at Petal, a successful FinTech consumer credit startup that serves over 100,000 cardholders. There, he was the technology leader from inception through its rapid growth where he built out the technology platform, created their alternative underwriting algorithm, and recruited and led the engineering team. He has previously worked at Amazon, TripleLift, and Goldman Sachs. Jack has a B.S. in Computer Science from UC Berkeley.

Funding

Modern Life exited stealth on August 9, 2022 with $15M in seed funding from marquee investors. Thrive Capital led the funding with participation from 12 unicorn founders from Hippo, Plaid, Reddit, Flatiron Health, Newfront, At Bay, Vouch, Cedar, and Lattice.

Quick Facts

Founded
2021
Headquarters
New York, NY
Size
20
Total Raise
$15M
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