Empathy raises $72 million

Empathy, a startup offering legacy planning as well as services for people dealing with loss, has raised $72 million in a Series C round, bringing funding to date to $162 million.

The round was led by Adams Street Partners with participation from General Catalyst, Index Ventures, Entrée Capital, Brewer Lane Ventures, SemperVirens, Latitude, LionTree, Aflac Ventures, Allianz Life Ventures, Citi Impact Fund, Munich Re, MetLife, New York Life, Securian, and TIAA Ventures.

Founded in 2020, Empathy works with eleven insurance companies such as New York Life, American Family, Prudential, The Hartford, MetLife, and others. The startup says it generates tens of millions of dollars in revenue.