A diverse collective spanning insurance, investing, and technology, Group 1001 has secured $30.0M in Series A funding from Lux Capital. The investment provides fresh capital for the company, which aims to empower positive growth through accessible insurance and annuities, an online investing platform for individual savings, and strategic partnerships in education and sports.
Group 1001 describes its mission as making financial tools easy to understand and accessible to all, with a portfolio that includes established brands such as Delaware Life, Gainbridge®, and Clear Spring Life and Annuity Company, among others.
