Cremation services startup Solace raises $1.7M as interest grows in tech to disrupt funeral industry
– Solace, a Portland-based startup that has added digital convenience to the process of planning and facilitating cremation services, has raised $1.745m in seed funding.
– The funding round was led by Portland-based Rogue Venture Partners and other investors include Cascade Seed Fund out of Bend, Ore., and Seattle’s Alliance of Angels.
– Solace plans to use the funds to further expand, make key hires and improve its digital infrastructure.
– Solace charges a flat fee of $895, which is roughly half the average cost of cremation service on the West Coast.