What is First Trinity Financial?
First Trinity Financial (FTFC) is an insurance holding company headquartered in Tulsa, Oklahoma. The company operates two life insurance subsidiaries: Trinity Life Insurance Company (TLIC) in Tulsa and Family Benefit Life Insurance Company (FBLIC) in Jefferson City, Missouri. FTFC has a history of capital raising, having previously secured $26,475,000 through private placement and public stock offerings. The company is notably owned by over 4,000 Oklahoma residents, reflecting a commitment to local capital retention and broad stakeholder involvement. Since its inception, FTFC has focused on providing innovative and competitive financial products and services, aiming to keep capital within the state by offering a broadly held Oklahoma financial services corporation.
How much funding has First Trinity Financial raised?
First Trinity Financial has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for First Trinity Financial?
The recent major strategic investment into First Trinity Financial signals a phase of significant scaling and potential expansion. As a late-stage company, this capital infusion is likely earmarked for enhancing its insurance product offerings, expanding its market reach within Oklahoma and potentially beyond, and further solidifying its position as a key financial services provider. The company's focus on local ownership and capital retention suggests a strategy that balances growth with community economic development.
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