Everplans Closes Second Seed Funding Round of $2.075 Million
NEW YORK, April 22, 2014 (ADOTAS) – Everplans today announced the close of $2.075 million in second round seed funding from co-investors including Scout Ventures; David McCabe, Chair of the Private Clients Group at Willkie Farr & Gallagher LLP; and Mark Seelig, Founding Partner of Meister Seelig & Fein LLP. Everplans, which was founded by repeat NYC tech entrepreneurs Adam Seifer and Abby Schneiderman, has raised more than $3.45 million in seed funding to date, including a first seed round of $1.375 million that closed in June 2013.
In addition, Everplans today announced the launch of its revolutionary new digital product — the “Everplan” — that helps people create, organize, store, and share all the important documents and information family and loved ones would need if something should happen. The Everplan allows users to upload such documents as a will, life insurance, health information, online account info, and even personal funeral wishes. All information is encrypted and securely stored in a vault that allows users to control who sees what information and when. The website also has over a thousand articles, guides, and checklists on topics ranging from 8 Signs Your Family Will Fight Over Your Estate” to “What Happens to My Email Accounts When I Die.”
“Our business model and product have evolved considerably,” said Seifer (pictured). “Now, in addition to offering a rich library of content, we actually help people get a plan in place so they can be heroes to their families.”
For American families, being prepared and organized could not only save loved ones stress, but could also save them money. According to industry analysts, there is at least $41 billion in unclaimed assets being held by the government, including unclaimed savings bonds, lost 401(k) and life insurance policies, and misplaced pensions. With the help of an Everplan, families can easily find and claim these benefits, with a minimum amount of stress.
“With this funding we plan to scale our consumer offering, making the Everplans experience simpler, more frictionless, and possibly even fun,” said Schneiderman. “In addition, we will unveil enterprise versions for sectors that currently lack the unique consumer experience that the Everplan provides, such as financial services, estate planning, and human resources.”
“At Scout Ventures we look for serial entrepreneurs with a proven track record of success,” said Brad Harrison, Founder and Managing Partner at Scout Ventures. “When Adam and Abby came to us with the idea for Everplans, we immediately saw ourselves not only as investors, but also as customers. I am confident that this truly innovative platform will positively impact many people’s lives.”
Everplans helps you complete, organize and securely share your legal, financial and health planning in one place so the important people in your life will have easy access when they most need it.The company was founded by Adam Seifer and Abby Schneiderman, entrepreneurs with a passion for helping people and a proven track record of creating successful online communities. For more information, please visit www.everplans.com.
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