When was PolicyMe founded?

PolicyMe was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is PolicyMe located?

PolicyMe is headquartered in Toronto, Canada. It is registered at St. Paul, Minnesota.

How many employees does PolicyMe have?

As of Aug 31, 2026, the latest employee count at PolicyMe is 181.

Is PolicyMe a funded company?

PolicyMe is a funded company, having raised a total of $37.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 11, 2019.

When was the latest funding round of PolicyMe?

PolicyMe's latest funding was a $***** Series B round on Apr 16, 2025, with participation from 2 investors.

Where does PolicyMe rank among its competitors?

PolicyMe ranks 1st amongst 11 active competitors, only 1 of which is funded. PolicyMe, which secured $21.6M in Apr, 2025.

Who are the top competitors of PolicyMe?

PolicyMe's top competitors include Specialty Life Insurance, Dundas Life and Atlantic Life Quote. Among them, PolicyMe secured the most recent funding round in April, 2025.

PolicyMe - 2026 Company Profile, Team, Funding & Competitors

PolicyMe is a series B company based in Toronto (Canada), founded in 2018 by Laura McKay. It operates as an Online life insurance comparison platform for individuals. PolicyMe has raised $37.4M in funding from investors like Accelerator Centre, Alberta Blue Cross and Consorcio. The company has 11 active competitors, including 1 that is funded. Its top competitors include companies like Specialty Life Insurance, Dundas Life and Atlantic Life Quote.

Company Details

Online life insurance comparison platform for individuals. It provides quotes for term life insurance and whole life insurance. Its insurance partners include RBC Insurance, Manulife, Canada Life, and more. It also offers insurance claims assistance solutions.

Website: www.policyme.com/
Social
Email ID: *****@policyme.com
Phone Number: +1 **********
Registered Address: St. Paul, Minnesota

Key Metrics

Founded Year

2018

Location

Toronto, Canada

Stage

Series B

Total Funding

$37.4M in 7 rounds

Latest Funding Round

Series B, Apr 16, 2025, $*****

Investors

Accelerator Centre & 9 more

Ranked

1^st among 11 active competitors

Employee Count

181 as on Aug 31, 2026

Similar Companies

Najm & 152 more

View PolicyMe's full profile

PolicyMe is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SECURIAN FINANCIAL GROUP INC CIN: 411919752 , United States, Active	Dec 26, 999	-	2772 (As on Dec 31, 2024)	-

PolicyMe has raised a total funding of $37.4M over 7 rounds. Its first funding round was on Feb 11, 2019. Its latest funding round was a Series B round on Apr 16, 2025 for $*****. 2 investors participated in its latest round. PolicyMe has 10 institutional investors.

Here is the list of recent funding rounds of PolicyMe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 16, 2025	1665582	Series B	5921663	3533627	1859352	5816003
Apr 16, 2025	3722318	Conventional Debt	5684708	2378046	3130598	Alberta Blue Cross & 1 more
Sep 20, 2022	9435795	Series A	5693406	8967109	9680181	Securian Financial & 4 more

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View details of PolicyMe's funding rounds and investors

The founders of PolicyMe is Laura McKay.

Here are the details of PolicyMe's key team members:

Laura McKay: Co-Founder & President of PolicyMe.

View details of PolicyMe's Founder profiles and Board Members

PolicyMe's employee count trend

PolicyMe has 181 employees as of Aug 26. Here is PolicyMe's employee count trend over the years:

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Top competitors of PolicyMe include Specialty Life Insurance, Dundas Life and Atlantic Life Quote. Here is the list of Top 10 competitors of PolicyMe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PolicyMe 2018, Toronto (Canada), Series B	Online life insurance comparison platform for individuals	$37.4M	SiriusPoint, HCS Capital Partners & 8 others	62/100
2nd	Specialty Life Insurance 2015, Vaughan (Canada), Unfunded	Online platform for non-medical life insurance for individuals	-	-	36/100
3rd	Dundas Life 2020, Toronto (Canada), Funding Raised	Online life insurance comparison platform	-	NEXT Canada	24/100
4th	Atlantic Life Quote 2004, Charlottetown (Canada), Unfunded	Online life insurance comparison platform for individuals	-	-	22/100
5th	InsurSimple 2008, Richmond (Canada), Unfunded	Online comparison platform for life insurance	-	-	22/100
6th	Meckelborg Financial Group 2008, Saskatoon (Canada), Unfunded	Provider of investment management and financial services	-	-	20/100
7th	LifeInsuranceDirect 2006, North Sydney (Canada), Unfunded	Insurance comparison portal	-	-	20/100
8th	Lifecover 2009, Burlington (Canada), Unfunded	Provider of online platform offering term life insurance quotes comparison	-	-	16/100
9th	Express Insurance 2008, Vancouver (Canada), Unfunded	Network connecting individuals with licensed brokers for life insurance quotes	-	-	16/100
10th	Planswell Insurance Toronto (Canada), Unfunded	Provider of term life and critical illness insurance coverage quotes	-	-	16/100