We are delighted to announce the successful close of an early stage round of funding. The round, which was oversubscribed, includes an investment from Beer & Young Founder, Nick Young.
Our client has a vision of developing a UK-wide network of modern barrows or columbariums, within existing community locations, with niches for cremation urns to fondly memorialise departed loved ones. There is a much-needed alternative to conventional, largely religiously-inspired funerals and memorials. End of life options are in crisis – the time is now to supersede the old with the new.
Our client’s objective is to build a quality, national brand, becoming the go-to business in the funeral industry for an affordable memorial to venerate lost loved ones.
Nick Young comments:
“I was first introduced to my now business partner*, JS, almost two years ago. His vision for modern barrows fascinated me – during this period we talked about how to bring such a vision to reality. We believe we have found the right model and management team and I’m delighted to have invested in this round”.
*Nick Young is now a director and shareholder.
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