This is definitely the wrong answer for this community, but may be an acceptable answer for this post. I have never used it nor would I ever recommend using it, but the conversations I have had with others who do use it make it seem like the service is far better than any alternative. Given the OP's requirements and willingness to both pay and sacrifice privacy, it seems like this may be appropriate for OP.
I would still explore other options though. There are several competitors to Life360 and presumably there are some with better privacy policies (even if the service would not typically be recommended on this community). Maybe OP could use a service like https://tosdr.org or https://tldrlegal.com to better evaluate those options that would likely not get much attention on this community.
Depending on the required features, maybe the Live Location Sharing feature of chat apps like Element may be sufficient. It could also help improve the privacy of the users' by switching to a more private/secure messaging app in the process.
Over a year later and I still do not understand what the use case for this is.
A lot of the examples/documentation that was made by Microsoft for this seems to focus on data analysis and data visualization. Anyone in those fields would probably prefer to get the data out of Excel and into their tool/pipeline of choice instead of running their Python code in Excel. That also makes the big assumption that the data being used is fully contained within the Excel file and that the libraries used within the code are avalaible in Excel (including the library version).
For anyone looking to learn/use Excel better, I doubt the best use of their time is learning a new programming language and how Excel implements that programming language. They would likely be better off learning Excel's formulas, pivot tables, charts, etc. They could even learn Power Query to take things to another level.
For anyone looking to learn Python, this is absolutely a terrible way to do so. For example, it abstracts away library maintenance, could provide modified error messages, and makes the developer feedback loop more complicated.
If you want to automate Excel then this realistically allows for very little new functionality that did not exist prior to this feature. Using other Python libraries like OpenPyxl and xlWings will still be required to automate Excel.
I am sure there are edge cases where this iteration of Python in Excel is perfect. However, this feels like a checkbox filler ("yeah, Excel supports Python now") than an implementation of an actual useful feature. A fully featured and supported Python library that manipulates Excel/Excel files would have been a much more exciting and useful feature - even if it had to be executed outside of Excel, like OpenPyxl.