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Solace

Solace

Early Stage

Digital first, consumer-centric, modern funeral solution

Digital first, consumer-centric, modern funeral solution

Overview

Raised to Date: Raised: $110,000

Platform

SeedInvest

Start Date

12/31/2019

Close Date

04/24/2020

Max. Goal
$135,000
Min. Investment

$0

Security Type

Convertible Note

SEC Filing Type

RegD 506(b)    Open SEC Filing

Valuation Cap

$5,200,000

Discount

0%

Status
Funded
Reporting Date

04/29/2020

Days Remaining
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$965

Momentum
Funded
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Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Location

Portland, Oregon

Solace, with a valuation of $5.2 million, is raising funds on SeedInvest through Reg D 506(b) raise. The company provides simple, human-powered, and tech-enabled funeral services to make the tough times easier for families. It offers direct funeral services with no viewing or service and takes care of all the digital and secure paperwork. The partners of Solace also work for the removal of the dead, cremation, and return of the remains. Keith Crawford, David Odusanya, and Jeremy Frank founded Solace in 2018. The current crowdfunding campaign has a maximum target of $135,000. The campaign proceeds will be used for growth and expansion.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Solace 03/30/2021 SeedInvest $6,500,000 $545,285 Convertible Note Funded RegCF / RegD 506(c)
Solace 04/23/2020 SeedInvest $5,200,000 $110,000 Convertible Note Funded RegD 506(b)
Solace 12/30/2019 Self Managed $3,000,000 - Equity - Common Funded RegD 506(c)
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Solace on SeedInvest 2020
Platform: SeedInvest
Security Type: Convertible Note
Valuation: $5,200,000

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Warning: according to the close date for this deal, Solace may no longer be accepting investments.

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