# Lantern, PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lantern-pbc

- Industry: Internet
- Headquarters: Brooklyn, US
- Website: www.lantern.co
- Total disclosed funding: $2.3M
- Latest round: Seed (Nov 25, 2020)
- Investors on record: 4

## About

Lantern, PBC focuses on providing end-of-life planning solutions designed to assist individuals and families in managing care during sensitive life events through a comprehensive, user-friendly digital platform.Founded in 2018 in New York, US, Lantern, PBC specialized in end-of-life planning resources. The founders, Alyssa Hager, Liz Eddy, and Liz Scully, aimed to improve caregiving experiences through their digital tools. In May 2023, the company was acquired by Wellthy, Inc. for an undisclosed amount, integrating Lantern's services into a broader caregiving concierge offering. The company has completed three deals, with its latest funding round being a Seed round led by Draper Associates, raising a total of USD 2.30 mn.Lantern primarily offered end-of-life planning materials, allowing individuals and families to manage care needs during significant life moments. Their platform provided personalized care plans and essential resources, aiding users in navigating complex caregiving situations and facilitating communication among family members and healthcare providers.Lantern generated revenue through a subscription model, enabling users to pay for various tiers of access to its end-of-life planning tools. This model allowed for flexibility in service offerings, catering to individual and family needs, while partnerships with healthcare providers may have contributed to additional revenue streams.Following the acquisition by Wellthy, Inc. in May 2023, Lantern plans to enhance its offerings and expand into new markets, focusing on integrating its resources within a wider caregiving service.

## Funding rounds

- Seed, Nov 25, 2020, $2.3M — Amplify, Draper, XFactor Ventures, F7 Ventures

## Investors

- Amplify (https://capitalatlas.ai/funds/amplify) — Seed
- Draper (https://capitalatlas.ai/funds/draper) — Seed
- XFactor Ventures (https://capitalatlas.ai/funds/xfactor-ventures) — Seed
- F7 Ventures (https://capitalatlas.ai/funds/f7-ventures) — Seed