BREAKING
InfrasAI raises $21M - builds AI workflow infrastructure for U.S. insurance carriers Formerly iLife Technologies, InfrasAI now powers Transamerica, Guardian & 30+ carriers 633% revenue growth in one year under Nelson Lee's leadership Platform reduces carrier deployment time by 70%, maintenance costs by 60% Nelson Lee speaks at GFTN Forum Japan 2026 on AI & digital innovation InfrasAI raises $21M - builds AI workflow infrastructure for U.S. insurance carriers Formerly iLife Technologies, InfrasAI now powers Transamerica, Guardian & 30+ carriers 633% revenue growth in one year under Nelson Lee's leadership Platform reduces carrier deployment time by 70%, maintenance costs by 60% Nelson Lee speaks at GFTN Forum Japan 2026 on AI & digital innovation
Nelson Lee, Founder and CEO of InfrasAI
Founder & CEO · InfrasAI · Sunnyvale, CA

Nelson
Lee

Infrastructure Architect · InsurTech · AI Workflow Pioneer

Building the operating layer that insurance carriers didn't know they needed - until they couldn't run without it.

$21M Funding Raised
13K+ Agent Users
30+ Carrier Clients
633% YoY Revenue Growth

$21M Total Venture Capital Raised
60% Cost Reduction for Carriers
70% Faster Deployment Speed
14 Apps Insurance Agents Juggled Daily (Before InfrasAI)

The Infrastructure Layer Nobody Built

Nelson Lee was born the same week his parents opened a software company in Taiwan. Entrepreneurship wasn't something he discovered - it was the ambient noise of his childhood. By the time he was interviewing for investment banking at J.P. Morgan and landing a product internship at Tencent (where he worked on what would become Asia's dominant video streaming platform), he had already developed the instinct that would define his career: follow the infrastructure, not the headlines.

When Lee turned that instinct toward insurance in the late 2010s, he didn't start with a product. He started with listening. He sat with approximately 200 insurance agents and salespeople, mapping their days. What he found wasn't a lack of software - it was a surplus of disconnected software. The average agent toggled between 14 separate SaaS applications to complete a single workflow. Quote generation in one tab. E-apps in another. Client communications in a third. The industry was drowning in tools that didn't speak to each other.

Lee founded iLife Technologies in 2019 with one core conviction: the place to fix insurance wasn't at the consumer front end or the carrier back end - it was in the messy, unglamorous middleware that nobody wanted to build. The platform that emerged consolidated those 14 apps into one layer. Customers started calling it "the Shopify of life insurance." Lee took that as a compliment, and as a signal to build deeper.

By January 2023, iLife had raised $17 million in a Series A led by Foundation Capital, Brewer Lane Ventures, and SCOR Ventures - with participation from GTMFund and OpenView Partners. Former New York Life President John Kim and former Guardian Life CEO Deanna Mulligan joined the board. The company had grown from 2 carrier partnerships to 27 in a single year, and logged 633% year-over-year revenue growth. More than 11,000 agents were using the platform.

Then Lee did something counterintuitive: he changed the name. In April 2025, iLife Technologies became Infras - and eventually InfrasAI. The rename wasn't a marketing pivot. It was a confession of intent. "Our new name, Infras, speaks directly to what we provide: Headless Connectivity Infrastructure," Lee explained. The company was no longer just a front-end OS for agents. It was the connective tissue between carriers, distributors, and the AI systems that would run their workflows going forward.

Today InfrasAI serves enterprise clients including Transamerica and Guardian - Fortune 500 financial institutions that need to deploy complex insurance workflows across any distributor channel without rebuilding core systems. The platform decouples business logic from user interfaces, cuts maintenance costs by up to 60%, and accelerates deployment speed by up to 70%. Lee's AI agents now help teams build and QA complex workflow mappings at the speed of thought.

Lee is a Southern California native who has spent a career bridging worlds that rarely talk to each other: Silicon Valley product culture and the traditional insurance industry, investment banking precision and startup velocity, AI ambition and enterprise-grade compliance. His lens on ambiguity - he has said that "when users agree on being in universal pain, that means opportunity for new players" - is less a philosophy than a detection mechanism. Find the pain that's too diffuse to articulate, and you've found the infrastructure gap worth filling.

"When users struggle to articulate what a better future means, yet all agree on being in universal pain, that means opportunity for new players."
- Nelson Lee, Founder & CEO, InfrasAI

From Investment Banking to Insurance Infrastructure

2010
Investment Banking Intern at J.P. Morgan - building analytical rigor in one of finance's most demanding environments.
2011
Product Development Intern at Tencent - working on what became Asia's dominant video streaming platform.
Pre-2019
Stanford University's Idea-to-Market program; Plug and Play Insurtech accelerator. Interviews approximately 200 insurance agents to map the industry's real pain points.
2019
Founds iLife Technologies in Sunnyvale, California. Mission: consolidate insurance distribution workflows into one operating layer. Featured as LA Tech Rising Star by C-Suite Quarterly.
2021
iLife launches at scale - reaches 11,000+ agent users. Carrier partnerships grow from 2 to 27 in under a year.
Jan 2023
Raises $17M Series A led by Foundation Capital, Brewer Lane Ventures, and SCOR Ventures. Total funding reaches $21M. John Kim and Deanna Mulligan join the board. Revenue growth: 633% year-over-year.
Apr 2025
iLife Technologies rebrands as InfrasAI. The name change signals a shift from front-end OS to foundational infrastructure for the entire insurance distribution ecosystem.
Feb 2026
Speaks at GFTN Forum Japan on "The New Era of Financial Services: Integrating AI and Digital Innovation in Banking and Insurance Ecosystems."

What Nelson Lee Says

We founded iLife with the mission to get as many critical things done in one place as possible. Like a true OS for stakeholders who needed to interact together on a single front end interface.

Our new name, Infras, speaks directly to what we provide: Headless Connectivity Infrastructure.

It's cheaper than hiring 50 software developers.

Everyone wanted something different, and we really had to think outside the box.

When users struggle to articulate what a better future means, yet all agree on being in universal pain, that means opportunity for new players.

You would never have to hire a developer, you wouldn't need to know anything related to technology, you'll never need to buy Salesforce or use WordPress.

InfrasAI: The Backbone of Modern Insurance

InfrasAI is what happens when you stop trying to fix insurance from the outside and start rebuilding it from the substrate. The company's headless connectivity infrastructure lets insurance carriers power and reuse distributor-facing interfaces without touching their core backend systems. Business logic decoupled from UI. Workflows deployed across any channel. AI agents that build and QA complex mappings at speed.

The platform serves carriers across life insurance, annuities, group benefits, disability, long-term care, and wealth management. Enterprise clients include Transamerica and Guardian. The system handles XML/ACORD/XML mappings, reflexive form logic, multi-carrier support, workflow version control, and natural language business rules - the unglamorous machinery that determines whether an insurance policy actually gets placed or sits in a queue.

When Foundation Capital led the Series A, partner Charles Moldow noted the platform's position as essential middleware. John Kim, who joined the board after leading New York Life for years, called the company "one of the most innovative and game-changing" he had seen in the industry. Deanna Mulligan, the former Guardian CEO who overhauled that company's digital strategy, saw the same thing Lee saw: insurance distribution's real problem isn't consumer-facing product - it's the invisible connective tissue between carriers and the agents who actually sell.

InfrasAI runs the InfrasAI Insights podcast on Spotify, where Lee and colleagues bring in industry leaders for conversations about what AI-readiness actually means in insurance - as opposed to what vendors claim it means.

Headless API Workflow Automation AI Agents VueJS React Redux AWS Cloudflare Stripe Jira Confluence HubSpot Sendgrid ACORD/XML NLP

What InfrasAI Delivers

Cost Reduction for Carriers 60%
Faster Deployment Speed 70%
YoY Revenue Growth (2022) 633%
Life Insurance Sold via Agents 95%
Apps Replaced Per Agent 14 → 1
"I've seldom seen a company as innovative and game-changing for this industry."
- John Kim, former President of New York Life & InfrasAI Board Member

$21M to Rebuild Insurance Infrastructure

Seed Round
$4M
Pre-2023
Series A
$17M
January 2023
Total Raised
$21M
To Date

Investors

Foundation Capital Brewer Lane Ventures SCOR Ventures GTMFund OpenView Partners

The Details That Define Him

🏠

Nelson Lee's parents launched a software company in Taiwan the week he was born. Entrepreneurship wasn't a career pivot for Lee - it was the air in the room from the very first day.

👥

Before writing a line of product code, Lee personally interviewed approximately 200 insurance agents and salespeople. He wasn't researching demographics - he was building a map of daily frustrations precise enough to design infrastructure around.

🛒

Customers started calling iLife "the Shopify of life insurance" - an analogy Lee embraced as the best shorthand for what back-office simplicity can unlock. Shopify gave merchants one layer that replaced ten separate tools. iLife did the same for insurance agents.

📊

Lee bet his infrastructure play on a counterintuitive insight: 95% of life insurance in the U.S. is still sold through human agents - not apps, not websites, not chatbots. Fix the agent workflow layer, and you fix most of the industry. Everything else is noise.

How Nelson Lee Thinks

Listens before he builds - 200 agent interviews before a single line of code

Treats ambiguity as a market signal, not a reason to wait

Focuses on infrastructure nobody sees, not products everyone pitches

Cross-cultural fluency: Silicon Valley precision meets insurance industry patience

Entrepreneurship by upbringing - built-in tolerance for risk and long timelines