Modern Life
What matters now
- $20Mannounced
Announced a Series A ($20M round) on 19 Nov 2025.
A company that just raised has fresh capital, a new board and new vendors to choose.
FactPress release wires (PR Newswire, GlobeNewswire)For Investors, lenders, service providersFinancing history → - 1 lendercredit on record
Borrows from Hercules Capital, Inc.: $19M of reported principal, first reported in a BDC schedule for 31 Mar 2023.
Venture debt changes the cap table's risk and signals the company is extending runway without a new round.
InferenceBDC portfolio schedules, matched to this company (high match)For Investors, lendersCredit → - 3 investorsnamed
3 investors on record; Thrive Capital led a round.
The investors already on the cap table shape who leads the next round.
Facts
- Year of incorporation
- unknown
- Revenue range (Form D)
- unknown
- Rounds on record
- 1
- Disclosed raised
- $20.0Msum of rounds with a disclosed amount only
- Named investors
- 3
Financing history
- Nov 19, 2025Series A · $20.0M (disclosed)New York Life Ventures (participant) via Tim Del BelloThrive Capital (lead) via Nabil MallickNorthwestern Mutual Future Ventures (participant)Fact Press release · “Modern Life Raises $20 Million Series A to Empower Advisors with AI-Powered Life Insurance Platform”
Investors on record
- New York Life Ventures round, participant, Tim Del Bello (confirmed) Fact prnewswire.com
- Northwestern Mutual Future Ventures round, participant Fact prnewswire.com
- Thrive Capital round, lead, Nabil Mallick (confirmed) Fact prnewswire.com
Ownership and outcomes
How these are wordedA company a buyout or growth firm lists on its own site is “listed in the portfolio of”, never “acquired by”. A date prints only when a deal record gives one; otherwise the row says when DFX first saw it.No firm portfolio page lists this company, so no outcome is stated.
Credit relationships
How a loan is matchedA BDC reports its loans by borrower name. A position shows here only when the match passed a precision gate (a hand-labelled sample was 29 of 30 correct); the tier and confidence are printed on each row. Amounts are the lender’s reported position, never a round.- Hercules Capital, Inc. warrant, equity
People
- Michael Konialian Founder and CEO prnewswire.com
Timeline
- Nov 19, 2025Modern Life announced Series A of $20,000,000, led by Thrive CapitalRound announced Fact Press release
Evidence
Every observation on this company
- Round announced: Series A $20,000,000 Nov 19, 2025 Fact Press release
Relationships across DFX
on 2 other DFX graphs
Modern Life is the same institution as 2 records in Private Equity and Private Credit.
DFX found 2 relationships across 2 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
- Round announced2025-11-19source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.