FundedIQ
Education

PolicyMe: Funding, Investors & Team (Sep 2026)

PolicyMe makes it easy to get a quote, apply, and find out if you've been approved for life insurance in minutes, not weeks. Our fully-underwritten term life policies are stripped of unnecessary bells and whistles, resulting in the most competitive pricing in Canada.

www.policyme.com LinkedIn Toronto, Canada 11-50 employees
Education Finance Insurance Life Insurance Personal Finance
Total raised
$35.0M
Rounds
2
Latest
Undisclosed round
Apr 2025

PolicyMe has raised $35.0M across 2 funding rounds on record, the most recent an undisclosed round of $21.5M announced in Apr 2025.

That round is above the $1.5M median round size for Education companies tracked on FundedIQ over the last two years.

PolicyMe Company Profile and Key Stats

Total funding raised
$35.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$21.5M in Apr 2025
Employees
11-50
reported band
Headquarters
Toronto, Canada

Latest funding round on record: Apr 2025.

PolicyMe Funding Rounds

Date
Round
Amount
Undisclosed round
$21.5M
Series A
$13.5M

PolicyMe raised $13.5M in a Series A announced in Sep 2022.

2.6 years later, an undisclosed round of $21.5M was announced in Apr 2025.

PolicyMe Founders and Leadership Team

Name
Role
Contact
Jeff Mckay
Founder
Locked

Contact details for the PolicyMe team: 1 of 1 has an email address on file.

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PolicyMe Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.5M
3,081
$2.2M

PolicyMe's latest round of $21.5M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

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PolicyMe Funding FAQs

What does PolicyMe do?

PolicyMe makes it easy to get a quote, apply, and find out if you've been approved for life insurance in minutes, not weeks. Our fully-underwritten term life policies are stripped of unnecessary bells and whistles, resulting in the most competitive pricing in Canada.

How much funding has PolicyMe raised?

PolicyMe has raised $35.0M across 2 rounds on record. The most recent is an undisclosed round of $21.5M announced in Apr 2025.

When did PolicyMe last raise funding?

PolicyMe's most recent funding round on record is an undisclosed round of $21.5M, announced in Apr 2025.

Who founded PolicyMe?

FundedIQ lists Jeff Mckay (Founder) at PolicyMe.

Where is PolicyMe headquartered?

PolicyMe is based in Toronto, Ontario, Canada.

How many employees does PolicyMe have?

PolicyMe is in the 11-50 employee band.

How does PolicyMe's funding compare to other Education startups?

PolicyMe's latest round of $21.5M is above the $1.5M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's PolicyMe Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PolicyMe is left off this page rather than filled in.

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