M&A Deal Summary

Even Financial Acquires LeapLife

On April 22, 2020, Even Financial acquired insurance company LeapLife

Acquisition Highlights
  • This is Even Financial’s 1st transaction in the Insurance sector.
  • This is Even Financial’s 2nd transaction in the United States.
  • This is Even Financial’s 2nd transaction in California.

M&A Deal Summary

Date 2020-04-22
Target LeapLife
Sector Insurance
Buyer(s) Even Financial
Deal Type Add-on Acquisition

Target

LeapLife

San Francisco, California, United States
LeapLife, Inc. is an established insurtech platform and digital life insurance agency that utilizes data science, deep underwriting knowledge, and proprietary technology, enabling consumers to apply for instant-decision life insurance policies with real-time quotes. LeapLife works with many best-in-class insurance carriers to offer consumers a seamless experience from beginning to end.

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Buyer(S) 1

Buyer

Even Financial

New York, New York, United States

Category Company
Founded 2014
Sector Financial Services
DESCRIPTION

Even Financial is a search, comparison, and recommendation engine for financial services. Even provides essential infrastructure for financial services and channel partners to connect consumers with personalized products, utilizing its robust yet simple API. Even Financial was founded in 2014 and is based in New York City.


DEAL STATS #
Overall 2 of 2
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-30 Birch Finance

San Jose, California, United States

Birch Finance LLC is a mobile and web application that makes finding the right credit cards painless. Birch Finance LLC was founded in 2015 and is based in San Jose, California.

Buy -