News Summary

• Lauren Kolodny, a partner at Acrew Capital, recently led a $20 million Series A investment in Alix, a startup that leverages AI to automate the estate settlement process.
• Alix’s founder, Alexandra Mysoor, realized the burden of executing a family estate after she offered to help her best friend settle her late mother's affairs.
• For inheritances under $1 million, customers can expect to pay between $9,000 and $12,000, with the exact cost determined by the complexity of the estate.