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Empathy, a startup focusing on providing AI-backed services for the bereavement process, has successfully raised $47M in a Series B funding round at a nearly $400M valuation. This significant investment brings the total funding to $90M. The round was led by Index Ventures, with participation from some of the world's largest life insurance carriers, including Allianz, MassMutual, MetLife, New York Life, Securian, and Mitsui Sumitomo. Empathy aims to redefine the role of technology in family care by addressing both the practical and emotional aspects of loss. The company is at the forefront of the emerging compassionate economy, setting new standards in family care and modern employment benefits.
Empathy, a startup offering an AI-backed service to help users navigate the bereavement process, raised a $47M Series B, sources say at a nearly $400M valuation (@ingridlunden / TechCrunch) https://t.co/JvjwDSXGRI 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/1BVT8QmzMU
Startup raises $47 million to help bereaved family members https://t.co/TmZfzUcQp1
"Now we've shown that the profits are better with covenant and compassion." Congrats @empathy on raising a $47M Series B, led by @IndexVentures and joined by life insurance carriers @Allianz @massmutual @MetLife @NewYorkLife @Securian & @mitsui_sumitomo @Rongura… https://t.co/g8lauxuWto