Target Global led the RGA-backed gamified life insurance platform’s series B round, which valued it at almost $350m.

YuLife, a UK-based life insurance provider backed by reinsurer Reinsurance Group of America (RGA)’s RGAx accelerator, has received $70m in a series B round led by venture capital firm Target Global.

The round was filled out by Anthemis, Creandum, Eurazeo, Latitude, MMC Ventures, Notion Capital and OurCrowd. The cash was secured at a $346m valuation, YuLife founder and chief executive Sammy Rubin told TechCrunch.

Founded in 2016, Yulife has built an online life insurance platform that motivates its users to…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.