Empathy Raises $30M to Advance Mission of Helping Families Deal With Loss

Empathy is helping families navigate the journey they face after losing a loved one. The platform raised $30 million in Series A funding.

 

The funds are to be used to further expand its presence across the US, with new products, additional strategic partnerships and growing its multidisciplinary team to achieve its mission of empowering divested families to handle all the responsibilities and emotions that come with loss.


The round was led by Entrée Capital, with participation from General Catalyst, and Aleph, LocalGlobe, Primetime Partners, and prominent angel investors including Shai Wininger (CEO & Co-Founder of Lemonade), Sir Ronald Cohen, John Kim (ex-President of New York Life), and Micha Kaufman (CEO & Co-Founder of Fiverr).


Empathy is launched in April 2021, with a mission to support bereaved families by streamlining their logistics and guiding them through the complex and daunting processes of probate, estate administration, taxes, and other bureaucratic tasks associated with loss.


Empathy's app combines technology and human support to save families time, money and stress. The app simplifies end-of-life bureaucracy with personalized plans and grief support with streamlined logistics, minimized tedious tasks, and automated estate administration while providing emotional guidance along the way.


"Empathy is a customer-centric company with compassion at our core. We aim not only to help families who are dealing with loss but also to act as a catalyst for change in the industry at large," said Ron Gura, Co-Founder & CEO of Empathy. "Thanks to the support from our new and existing investors, and our partnerships with trailblazing companies leading their respective industries, the software is finally being leveraged to make a significant difference for families struggling with loss. We are humbled to hear from the bereaved families we've helped so far and are determined to continue working to help as many as we can in alleviating both the logistical and emotional burdens of a loved one's passing."