Eterneva Raises $10M in Series A Funding

Eterneva, an Austin TX-based consumer technology and grief wellness brand, raised $10M in Series A funding.

The round was led by Tiger Management with participation from Goodwater Capital, Capstar Ventures, NextCoast Ventures, Mark Cuban, Lydia Jett (Partner at Softbank) and Kara Nortman (Managing Partner at Upfront, founder of Angel City), and Kathryn Cavanaugh, the managing director of Capstar Ventures, who is joining Eterneva’s board.

The company intends to use the funds to expand operations, accelerate growth and its business reach.

Led by CEO Adelle Arche, Eterneva is a direct to consumer brand that enables grievers to celebrate remarkable people & pets by making diamonds from ashes or hair. The company partners with funeral homes and pet aftercare providers across the United States to reach consumers seeking meaningful and personal memorial options at the point of decision.

Eterneva provides a participatory experience around the diamond creation journey.

FinSMEs

27/02/2021