Empathy, a NYC-based company providing a support system for loss, raised $47M in Series B funding.
The round, which brought the total amount to $90M, was led by Index Ventures with participation from General Catalyst, Entrée Capital, Latitude (sister fund of existing investor LocalGlobe), and Brewer Lane, plus strategic investments from major life insurance carriers Allianz, MassMutual Ventures, MetLife, New York Life Ventures, Securian Financial, and Sumitomo.
The company intends to use the funds to expand services and cover new industries and regions nationwide.
Founded in 2020 by Ron Gura and Yonatan Bergman, Empathy provides support across grief, estate settlement, benefits and probate. In the past three years, the company has made a full range of assistance with grief, estate settlement, probate and more available to 5 million employees and 35 million policyholders across the US.
FinSMEs
12/03/2024