Axonic Insurance Services LLC
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Axonic Insurance Services LLC - overview
Established
2024
Location
New York, NY, US
Primary Industry
Insurance
About
Based in the US, Axonic Insurance Services LLC is a provider of innovative insurance solutions, primarily focusing on annuity products for individual and institutional clients. Axonic Insurance Services LLC, founded in 2024 in New York, US, specializes in annuity products. In October 2025, the company raised USD 210 mn in venture funding led by LuminArx Capital Management with participation from Deutsche Bank. The company has completed a total of 1 deal.
Axonic Insurance specializes in the design, distribution, issuance, administration, and servicing of annuity and related product solutions aimed at individual consumers and institutions globally. The company's primary offerings include multi-year guaranteed annuities and fixed-indexed annuities, which are tailored to provide clients with guaranteed rates of return alongside potential market gains. These products are specifically crafted to address the financial planning needs of consumers seeking to secure their investments and generate income, while also aiming to mitigate risks associated with market fluctuations. Axonic's client base encompasses both individual consumers and institutional clients, with products available in various international markets, including the United States, Canada, and select regions in Latin America and the Caribbean.
The revenue structure of Axonic Insurance primarily derives from the sale of its annuity products, which are structured to provide long-term financial security to clients. Transactions occur directly between the company and its clients, where individuals and institutions invest in annuities that offer guaranteed returns and potential market performance linked to underlying indices. This B2C model allows customers to select from various annuity options, facilitating investments that align with their financial goals. While specific pricing information is not disclosed, the company's flagship products are positioned to meet the needs of both retail consumers and institutional investors, ensuring a robust revenue stream through the ongoing administration and servicing of these financial products.
In October 2025, Axonic Insurance Services LLC raised USD 210 mn in venture funding, which will be utilized to support growth across retail and institutional distribution channels, accelerate technology development, and enhance product servicing capabilities. The company has plans for expanding into new markets, targeting regions in Latin America and the Caribbean for product launches and enhanced service offerings in the near future.
Current Investors
Deutsche Bank, LuminArx
Primary Industry
Insurance
Sub Industries
Life Insurance, Insurance
Website
www.axonicinsurance.com/
Verticals
InsureTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

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