Empathy closes $47M for AI to help with the practical and emotional bereavement process

Empathy, a pioneering platform revolutionizing bereavement care, has announced its successful completion of a Series B funding round, securing a remarkable $47 million in investments. Led by Index Ventures and backed by General Catalyst, Entrée Capital, Latitude, Brewer Lane, and strategic investments from major life insurance carriers like Allianz, MassMutual, MetLife, New York Life, Securian, and Sumitomo, this latest funding round brings Empathy's total capital raised to date to an impressive $90 million.

Founded by CEO Ron Gura and Yonatan Bergman, Empathy blends AI technology with human guidance to assist individuals through every facet of the bereavement journey. From counseling services and AI-powered obituary writing to automating the process of managing digital footprints and handling complex financial matters, Empathy's platform offers comprehensive support during life's most challenging moments.

In the face of current global economic challenges, Empathy is not simply stockpiling the newly acquired capital for future uncertainties. Instead, the company is investing in its growth, reaffirming its commitment to supporting families in need, and prioritizing a compassionate approach to business. As Empathy's platform continues to evolve to meet the evolving market landscape, the company remains steadfast in its dedication to prioritizing the needs of the bereaved.

Empathy's journey began with personal experiences of loss, including the profound impact of the passing of co-founder Amir, which inspired a commitment to alleviate the burden of grief for families worldwide. Co-founders embarked on this mission with a belief in technology's power to facilitate scalable support, aiming to address the cultural silence surrounding death and bereavement.

Since its inception, Empathy has seen remarkable growth, serving over 40 million users and establishing itself as a leader in the bereavement care space. While the startup continues to innovate, its core mission remains unchanged: to provide comfort, support, and guidance to those navigating the challenging journey of loss.

As Danny Rimer, a partner at Index Ventures, highlights, "Empathy's commitment to leveraging intelligent technology to enhance bereavement care is transforming the industry. By blending human empathy with AI-driven solutions, Empathy is redefining what it means to support individuals during life's most difficult moments."

With the Series B funding, Empathy planned to reach even greater heights, solidifying its position as a beacon of hope for millions facing the profound challenges of loss. As the company continues to evolve, its impact on the bereavement care landscape promises to be both profound and enduring.