Empathy, a startup specializing in AI-backed services for bereavement support, announced it has raised $47M in a Series B funding round at a nearly $400M valuation. The funding, led by Index Ventures, with participation from major life insurance carriers such as Allianz, MassMutual, MetLife, New York Life, Securian, and Mitsui Sumitomo, brings Empathy's total funding to $90M. The company aims to reimagine the role of technology in family care by addressing both practical and emotional aspects of the bereavement process. This investment underscores the growing interest in the compassionate economy and sets a new standard in family care and modern employment benefits.