Inclined Technologies, a platform that helps consumers maximize the cash value of whole life insurance policies, has raised $8 million in a Series B funding round led by HSCM Ventures, with participation from Northwestern Mutual Future Ventures and other investors.
Accessing cash value from whole life policies has traditionally been difficult for policyholders. Inclined’s proprietary technology streamlines this process, enabling fast and seamless access. The company partners with whole life advisors to offer the Inclined Line of Credit (iLOC), which is secured by the policy’s cash value. This automated application process takes less than 15 minutes, allowing policyholders to access funds quickly and without fees.
Northwestern Mutual’s investment highlights a joint commitment to providing financial professionals with practical tools and resources. The new funding will help broaden Inclined’s technology, expand its team, and extend its platform to more whole life carriers and policyholders nationwide.
KEY QUOTES:
“At Northwestern Mutual, our mission is to help Americans build financial security, which includes ensuring our policyowners understand and optimize the value of their whole life insurance policies. Intuitive digital tools, like the Inclined platform, help create the swift, seamless experience our policyowners expect to manage their financial lives.”
Craig Schedler, Vice President – Venture and Corporate Development, Northwestern Mutual Future Ventures
“We have thousands of whole life insurance advisors actively using the Inclined platform to serve their clients effectively, and that number is growing every day. This funding will allow us to deliver additional product features and value to Northwestern Mutual and other leading whole life insurance carriers to help them unlock the $1.1 trillion currently invested in whole life insurance policies.”
Joshua Wyss, CEO and co-founder of Inclined
