will be settled, as they pass along their wealth with a desire to ensure the economic wellbeing and prosperity of future generations.
, with support from Magnify, Scribble, American Family Ventures and Alumni Ventures. In less than six months, Alix already has gotten up and running with paying customers and distribution partners, including life insurance carriers and funeral homes.“Alix gives every family the tools needed to compound wealth across generations, starting with estate settlement,” says Jen Wolf, managing partner at Initialized Capital, who led the seed round.
To be clear, Alix is not an estate planning business. The platform is focused on modernizing estate settlement. This, according to Mysoor, is an as yet untapped space with immense potential. “Until now, no one has had the audacity to touch estatement settlement due to its complexity and the powerful human emotions involved,” she says. “We’re here to change all that.
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