Imagine a world where getting life insurance advice is easy, affordable, and accessible to all. Well, that world is becoming a reality with the launch of insurtech startup LifeBid’s crowdfunding campaign. After already raising an impressive 0,000 in strategic co-investment, LifeBid is joining forces with co-investor Stride Equity to revolutionize the way life insurance advice is provided and managed. Their digital platform aims to empower financial advice providers and insurers to better engage, educate, advise, and manage the life insurance needs of their clients, all while significantly reducing costs. With a waitlist of 2,000 Australian advisers already on board, LifeBid is poised to make a lasting impact on the insurance industry. Join them on this exciting journey as they bring innovative solutions to a vital sector.

Insurtech startup LifeBid launches crowdfunding campaign with co-investor Stride Equity after raising $700,000

LifeBid founder Brett Wright

Insurtech startup LifeBid has recently launched a crowdfunding campaign with co-investor Stride Equity. This comes after LifeBid successfully raised $700,000 in a strategic co-investment from industry partners and the Stride Group. Brett Wright, the founder of LifeBid, has a background in the financial advice sector and is motivated by the desire to make life insurance advice more accessible and affordable.

LifeBid’s digital platform aims to transform life insurance advice

LifeBid’s digital platform is designed to revolutionize the way life insurance advice is provided and managed. It enables financial advice providers and insurers to engage, educate, advise, and manage the life insurance needs of clients, while significantly cutting the costs of servicing them. The platform has the potential to reduce servicing costs by up to 90%, making life insurance advice more affordable for consumers and more profitable for advisers.

A waitlist of 2,000 Australian advisers for LifeBid’s platform

LifeBid’s platform has already generated significant interest and demand from financial advisers in Australia. The company currently has a waitlist of 2,000 Australian advisers who are eager to join the platform. This demonstrates the strong demand for a digital solution that addresses the challenges faced by advisers, licensees, and insurers in helping Australians access quality life insurance advice.

LifeBid aims to address the high cost of accessing quality life insurance advice

One of the key issues in the life insurance industry is the high cost of accessing quality advice for consumers. This has made it difficult for many Australians to obtain the appropriate coverage. At the same time, advisers, licensees, and insurers have also struggled to provide affordable and profitable advisory services. LifeBid aims to tackle this problem by leveraging technology to streamline and automate the advisory process, reducing costs for all parties involved.

Partnership with Stride Equity enables adviser industry colleagues to be owners and beneficiaries

LifeBid has partnered with Stride Equity, a venture-backed platform, to launch their crowdfunding campaign. This partnership allows adviser industry colleagues to become owners and beneficiaries of LifeBid, giving them a stake in the company’s success. By involving advisers and licensees in the crowdfunding campaign, LifeBid aims to create a sense of shared ownership and drive industry-wide support for its digital platform.

Stride Equity CEO Maria Halasz pleased with LifeBid as first investment and portfolio company

Maria Halasz, CEO of Stride Equity, expressed her satisfaction with LifeBid as their first investment and portfolio company on the crowdfunding platform. She praised LifeBid for its experienced and passionate founders who have identified and addressed an urgent unmet need in the insurance industry. Halasz highlighted LifeBid’s innovative technology solution, scalability, and early engagement with the insurance ecosystem as proof points for investment success.

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LifeBid’s success demonstrates strong product-market fit and industry support

The success of LifeBid in raising $700,000 and generating a waitlist of 2,000 Australian advisers demonstrates strong product-market fit and industry support. The company has engaged with the insurance ecosystem and established strategic partnerships that validate the efficacy of its digital platform. Additionally, the founding team’s experience and track record in the industry further enhance LifeBid’s credibility and potential for further growth.

Details of the crowdfunding campaign

The crowdfunding campaign launched by LifeBid in collaboration with Stride Equity provides an opportunity for investors to participate in the company’s growth. The campaign aims to raise additional funds to further develop and expand the digital platform. Stride Equity’s crowdfunding platform hosts only pre-qualified companies that meet the criteria for co-investment, ensuring that investors have access to promising ventures. Further details of the crowdfunding campaign can be found on the campaign’s page.

In conclusion, LifeBid’s launch of a crowdfunding campaign with co-investor Stride Equity marks a significant milestone for the insurtech startup. The company’s digital platform aims to transform the way life insurance advice is provided and managed, addressing the high cost of accessing quality advice. With a waitlist of 2,000 Australian advisers and strong industry support, LifeBid has already demonstrated its potential for success. The partnership with Stride Equity further amplifies the company’s market presence and offers an opportunity for investors to participate in its growth.

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