Inclined Technologies, an insurtech startup that lends against whole life insurance policies, has raised $8 million in Series B led by HSCM Ventures, with participation from Northwestern Mutual and others, bringing total funding to $31 million. Its flagship product, iLOC, is a revolving credit line backed by the policy’s cash value, offered through major insurers and designed to give policyholders lower-rate liquidity while allowing their funds to keep compounding. Since its 2020 founding, Inclined has originated over $1 billion in credit, grown ARR more than 50x since 2022, and plans to use the new capital to expand sales, grow engineering, and deepen partnerships with insurance carriers.

Insurtech Startup Inclined Raises $8M