Assured Allies, the leading insurtech company for evidence-based successful aging, today announced that it has closed a $42.5 million Series B funding round, bringing the total capital raised to $65 million.

The round was co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital Partners, MS&AD Ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next. The global makeup of investors in this round underscores the universal need for innovation in the long-term care insurance market.

The round was co-led by FinTLV Ventures and existing investor Harel Insurance, and was joined by new and existing investors including Lumir Ventures, Funds managed by Hamilton Lane (NASDAQ: HLNE), New Era Capital Partners, MS&AD Ventures, Core Innovation Capital, Poalim Equity, EquiTrust Life Insurance Company, Akilia Partners, and Samsung Next. The global makeup of investors in this round underscores the universal need for innovation in the long-term care insurance market.

Founded in 2018, Assured Allies is on a mission to make Successful Aging-the ability to thrive as long as possible without long-term care and to pay for it if needed-accessible to all. Assured Allies is the leading provider of evidence-based Successful Aging innovation, with deep expertise in data science, best-practices for aging in place, and program management. The company's two products, AgeAssured and NeverStop, both reduce risk of premature age-related decline and keep people active and living at home longer. Assured Allies has an extensive network of industry partners in long-term care insurance and an ecosystem of partners to provide innovative solutions to help people age successfully.