£110,000 Seed Capital for Funeral Services
We are delighted to announce the successful close of an early stage round of funding. The round, which was oversubscribed, includes an investment from Beer & Young Founder, Nick Young.
Our client has a vision of developing a UK-wide network of modern barrows or columbariums, within existing community locations, with niches for cremation urns to fondly memorialise departed loved ones. There is a much-needed alternative to conventional, largely religiously-inspired funerals and memorials. End of life options are in crisis – the time is now to supersede the old with the new.
Our client’s objective is to build a quality, national brand, becoming the go-to business in the funeral industry for an affordable memorial to venerate lost loved ones.
Nick Young comments:
“I was first introduced to my now business partner*, JS, almost two years ago. His vision for modern barrows fascinated me – during this period we talked about how to bring such a vision to reality. We believe we have found the right model and management team and I’m delighted to have invested in this round”.
*Nick Young is now a director and shareholder.
If you have a client or investor interested in seeing what we can offer, we’d be pleased to hear from you. Feel free to get in touch with one of our knowledgeable Associates.