Funos, a funeral services comparator, has closed this Friday a round of financing of 600,000 euros in order to boost its growth in the digital market, technological development, the expansion of its services and the hiring of personnel, according to Europa Press.
The company has detailed through a press release that the round has had the participation of the public National Innovation Company (Enisa), which has contributed 180,000 euros, and other private investors such as Knack Business Angels, Not Buring Club and individuals like Jordi Rivera and Mathieu Carenzo.
The CEO of Funos, Marc Vallhonesta, has indicated that this financing will allow them to “accelerate our growth in a sector with great opportunities and that is still at the beginning of digitization.”
Funos bases his proposal on a marked context, according to data from the National Institute of Statistics (INE), for an average of 450,000 annual deaths in Spain and that will reach 670,000 by the year 2060; in addition to the 1,100 funeral companies that operate in the country and that, according to the Organization of Consumers and Users (OCU), offer their services at an average price of 3,700 euros, although there are large differences between provinces.
The Barcelona company founded in 2021 projects that, with its price comparison and advice services, families using Funos save a total of more than two million euros this year, at a rate of 2,500 euros per family in the funeral service .
