Chime backer Lauren Kolodny bets on AI to revolutionize estate processing

Image for article Chime backer Lauren Kolodny bets on AI to revolutionize estate processing
News Source : TechCrunch

News Summary

  • Lauren Kolodny, a partner at Acrew Capital, is passionate about investing in tech solutions that help consumers maximize their resources.
  • She 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.
Lauren Kolodny, a partner at Acrew Capital, has always championed technologys power to democratize access to financial services for everyday people.When the fledgling neobank Chime struggled to co [+2907 chars]

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