DeadHappy enters administration

According to media reports, life insurance startup DeadHappy has filed for bankruptcy.

In March, we reported that the startup was no longer accepting new customers after its underwriting partner Shepherds Friendly ceased underwriting its policies.

DeadHappy raised ~$36 million and its last funding round ($15 million) was announced in March 2022. At the time, the startup said it sold over 24k life insurance policies.