Glasgow ‘DeathTech’ firm Exizent raises £3.6m
Posted on September 25, 2020 by Alistair Hardaker
Glasgow tech firm Exizent has raised £3.6m as it builds a platform to connect data, services and the network of people involved when someone passes away.
It aims to make the process less stressful for family members experiencing loss.
The company was founded by former Barclays Wealth veteran Nick Cousins and former founder and CEO of boutique consultancy Arum, Aleks Tomczyk.
It has raised the new funding from several investors including FNZ, the global platform-as-a-service firm which reached unicorn status in 2018.
Cousins, founder and CEO, said: “Our personal experiences are what led to us to establish Exizent.
“We believe the administrative tasks facing families after the death of a loved one should be far easier, and that modern technology solutions and services can make this a reality.
We have spent the last 18 months carefully designing, developing, and testing our product with innovative partners, and look forward to launching the platform to legal services professionals later this year.”
Adrian Durham, group CEO of investor FNZ, added: “The Exizent team has already achieved an enormous amount and we are proud to support their vision of leveraging technology to make the bereavement process far easier for everyone involved. Exizent will also be joining the fast growing FNZ OpenPlatform App Store.”