Empathy, a New York and Tel Aviv, Israel-based platform for families to navigate the journey they face after losing their loved people, raised $30m in Series A funding.
The round was led by Entrée Capital, with participation from existing backers General Catalyst, and Aleph, as well as LocalGlobe, Primetime Partners, and 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).
The company intends to use the funds to further expand its presence across the US by releasing new products, fostering additional strategic partnerships, and growing its multidisciplinary team.
Co-founded by Ron Gura and Yonatan Bergman, Empathy aims to help families deal with loss, incorporating both emotional and logistical support for the families in their time of need. Powered by technology, its application simplifies and streamlines end-of-life bureaucracy with personalized plans and grief support. The app streamlines end-of-life logistics, minimizes tedious tasks, and automates estate administration, while providing emotional guidance along the way.
In addition to launching its direct to consumer offering across the US, Empathy is working with enterprise brands in several industries, including insurance companies, hospice chains, and funeral homes to expand its reach through strategic partnerships.
FinSMEs
30/09/2021