# Lifefront Cover Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lifefront-cover-private

- Industry: Insurance
- Headquarters: New Delhi, India
- Website: www.getvital.in
- Total disclosed funding: $3M
- Latest round: Series A (Jun 16, 2021)
- Investors on record: 3

## About

Lifefront Cover Private Limited specializes in providing affordable health insurance solutions tailored for individuals and families, focusing on accessibility and personalized coverage options to meet diverse healthcare needs.Founded in 2019, Lifefront Cover Private Limited operates out of New Delhi, India, offering innovative health insurance products. The company has successfully completed three deals, with its most recent funding round occurring on August 25, 2022, when it raised INR 5.21 million from investor Z Nation Lab. Founders Adrián León and Alec Grimsley have a history of entrepreneurship, contributing to the company's mission in the health insurance sector. The company's total amount raised to date is INR 5.21 million, with a current valuation of INR 1,066.15 million.Lifefront Cover provides a variety of personalized health insurance plans that cater to different demographics, including young professionals, families, and retirees. Their offerings include customizable packages that cover preventive care, hospitalization, and prescription medications. The company addresses the challenges of accessibility and affordability in health insurance, focusing its marketing efforts in urban areas of India where flexible health solutions are in high demand.In 2023, Lifefront Cover reported a revenue of INR 158,246.1, with an EBITDA of INR -305,675.1, indicating the financial dynamics of their operational performance.Looking ahead, Lifefront Cover intends to expand its product line by developing new health insurance offerings aimed at emerging consumer needs. The firm plans to enter additional markets within India as well as explore opportunities in neighboring regions by late 2024. The recent funding of INR 5.21 million is expected to support these initiatives, enhancing product development and market penetration as the company strives to improve its service offerings.

## Funding rounds

- Series A, Jun 16, 2021, $3M — Venture Catalysts, BLinC, Survam Partners

## Investors

- Venture Catalysts (https://capitalatlas.ai/funds/venture-catalysts) — Series A
- BLinC (https://capitalatlas.ai/funds/blinc) — Series A
- Survam Partners — Series A