SAN FRANCISCO, CA, Inclined Technologies, a financial technology company, has closed on a $15 million Series A funding round, led by HSCM Ventures.
Inclined Technologies Inc., a financial technology company that aims to democratize a $150 billion market by helping consumers to significantly enhance the value of their life insurance policies, has closed on a $15 million Series A funding round. HSCM Ventures led the round, with participation from Anthemis Group as well as several new and existing investors.
Inclined is a SaaS software company focused on driving better long term outcomes for whole life policyholders. Inclined's initial focus is to work with whole life advisors to offer policyholders a secured, revolving line of credit collateralized by the cash value in their whole life policy, within a fully automated experience. The Inclined Line of Credit is flexible in that it can be drawn or paid back iteratively at the convenience of the borrower. The borrower never pays any fees on the Inclined platform, and the process of applying for a loan takes less than 15 minutes.
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