NEW YORK, June 30, 2016 /PRNewswire/
-- Everplans, an online estate and legacy planning
platform that guides people through creating, storing, and securely
sharing all of the important plans and information their family
would need in one place, announced today it has secured
$6.4 million in Series A funding.
Investors include Transamerica Ventures, the corporate venture arm
of Transamerica and Aegon, and RGAx, a subsidiary of Reinsurance
Group of America, Incorporated (NYSE: RGA). The round was led by
NYC-based venture fund Mousse Partners.
The Series A funding provides continued momentum to Everplans.
In May 2015, the company announced
the launch of Everplans Professional, an enterprise version of
their platform, which enables financial advisors, insurance agents,
and estate planning attorneys to offer Everplans accounts directly
to clients and to collaborate with them on the creation of their
plans. More than 100 firms are currently offering Everplans to
clients. All Everplans users also gain access to a rich content
library; thousands of articles, resources, and checklists are
provided to guide and motivate users step-by-step through the
planning process.
"Hundreds of thousands of people visit our site each month.
Through our retail and enterprise platforms tens of thousands of
plans have been created by people who understand the importance of
getting financial assets, estate planning, household information,
and legacy wishes organized and the positive impact it will have on
their families," said Everplans co-Founder and co-CEO Abby Schneiderman. "Our mission is to help
everyone become a hero to his or her family by creating and sharing
this kind of plan. We are thrilled to be working with this group of
investors who can help us further our mission by getting Everplans
into the hands of millions of people and their trusted
advisors."
Moving forward, the company plans to grow its team and continue
developing innovative products while eying expansion of its
professional platform into the insurance, human resources, and
health care industries.
"The addition of Everplans will help advance Transamerica's
mission: to help people achieve a lifetime of financial security,
and extend our ability to serve customers with a more consistent,
full-life offering via our vast network," said David Macmillan, Chief Marketing Officer,
Transamerica. "We are excited to invest in and partner with
Everplans, and we look forward to more announcements in the coming
year as we bring our collaborative work to market."
"Preparing for the unexpected is a major responsibility – and
one that is often put off until it is too late," said Tim Rozar, CEO of RGAx. "We want to make it
easier for the millions of underinsured U.S. households to meet
their financial responsibilities, but we realize that insurance
protection is only part of the solution. The team at Everplans has
developed a suite of content and product services that also make it
easy for individuals to organize their digital lives and leave
behind a legacy to be proud of. We are excited to partner with
Everplans to provide financial security and peace of mind for
millions of families."
ABOUT EVERPLANS
Everplans is the leading online
planning and organization platform that helps people create, store,
and securely share all of the important plans and information their
family will need in the future. Through a combination of original
content, a personalized guidance engine, an intuitively organized
digital vault, and an enterprise platform for professionals,
Everplans helps people create an estate plan that aggregates
financial, health, personal, digital, and legacy information in one
simple and accessible place. 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.
ABOUT TRANSAMERICA VENTURES
Transamerica Ventures is
the global venture arm of leading life insurance and asset
management companies Transamerica and Aegon. Launched in
early 2014 to help Transamerica and Aegon leverage innovation
through a dedicated investment fund, Transamerica Ventures invests
in startups developing technologies in the insurtech, fintech and
enterprise software sectors and has offices in New York City and The Hague, The Netherlands. For more
information, please visit www.transamericaventures.com.
ABOUT RGAx
RGAx is the innovation accelerator within
Reinsurance Group of America, Incorporated (RGA). A FORTUNE
500 company, RGA is among the leading global providers of life
reinsurance and financial solutions, with approximately
$3.1 trillion of life reinsurance in
force and assets of $52.2 billion as
of March 31, 2016. Founded in 1973,
RGA today is recognized for its deep technical expertise in risk
and capital management, innovative solutions, and commitment to
serving its clients. With headquarters in St. Louis, Missouri and operations in 26
countries, RGA delivers expert solutions in individual life
reinsurance, individual living benefits reinsurance, group
reinsurance, health reinsurance, facultative underwriting, product
development, and financial solutions. To learn more about RGA
please visit www.rgare.com and for more information about RGAx
visit www.rgax.com.
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SOURCE Everplans