Life insurance platform Inclined Technologies has closed a $15mn Series A funding round, led by HSCM Ventures with participation from Anthemis Group as well as several new and existing investors.

HSCM Ventures, the insurtech focused division of the Hudson Structured Capital Management reinsurance linked investment operation, has led a $15 million Series A round for life insurance fintech Inclined Technologies, with investor Anthemis also participating in the round.

SAN FRANCISCO--(BUSINESS WIRE)--Inclined Technologies Inc., a financial technology company that aims to democratize a $150 billion market by helping consumers to significantly enhance the value of their life insurance policies, today announced it has closed on a $15 million Series A funding round. HSCM Ventures led the round, with participation from Anthemis Group as well as several new and existing investors. There is approximately $150 billion borrowed against whole life policies today in ways that are inefficient, resulting in suboptimal compounding of the cash value and ultimate death benefit of these policies. Inclined helps policyholders realize more value out of their whole life investment by giving them quick and efficient access to the equity they have built in their whole life policy. Inclined’s first-of-its-kind platform addresses two inherent problems with the way the market currently operates – the “front end” problem of obtaining and structuring the raw data from whole life carriers, and the “back end” problem of efficiently managing the collateral in a way that can deliver assets at scale to our financial institution partners