Empathy raises $72M Series C to streamline grief support and estate management

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Here’s a structured overview of the key details from the provided information regarding Empathy:

Overview of Empathy

  • Startup: Empathy
  • Founded by: Ron Gura and Yonatan Bergman
  • Founded in: 2021
  • Total Capital Raised: $162 million
  • Current Revenue Status: Generating tens of millions of dollars with over 300% growth in the last year.
  • Employees: 130 (approximately half in Israel, half in the U.S.)

Series C Fundraising Details

  • Amount Raised: $72 million
  • Funding Round: Series C
  • Date of Funding Round: Not specified

Lead Investors

  • Lead Investor: Adams Street Partners

Participating Investors

  • General Catalyst
  • Index Ventures
  • Entrée Capital
  • Brewer Lane Ventures
  • SemperVirens
  • Latitude
  • LionTree
  • Aflac Ventures
  • Allianz Strategic Ventures
  • Citi Impact Fund
  • Munich Re Ventures
  • MetLife Next Gen Ventures
  • New York Life Ventures
  • Securian Ventures
  • TIAA Ventures

Key Partnerships and Activities

  • Empathy collaborates with major life insurance providers in the U.S., including Allianz, to offer support during bereavement and estate management.
  • Recently launched LifeVault for end-of-life planning services.
  • Partnered with over 1,000 employers to provide services as employee benefits.
  • Supports over 50 million covered lives.

Strategic Coalition

  • Empathy Alliance: A global partnership with ten financial institutions, banks, and insurers aimed at improving societal coping mechanisms for loss.

This summary encapsulates the significant aspects of Empathy’s funding, partnerships, and mission.

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2025-05-29 15:15:43