Lantern - About the company
Lantern is an acquired company based in New York City (United States), founded in 2018 by Liz Eddy and Alyssa Ruderman Hager. It operates as a Provider of end-of-life care planning and concierge services. Lantern has raised $2.75M in funding from Draper. The company has 81 active competitors, including 10 funded and 3 that have exited. Its top competitors include companies like Empathy, Find a Grave and Better Place Forests.
Company Details
Provider of end-of-life care planning and concierge services. It offers support for families navigating care needs across various life stages, from daily assistance to advanced planning. Services include care coordination, resource management, and access to relevant documents and information. The company assists in simplifying complex caregiving situations and provides guidance throughout the care journey. It aims to ease the burden on families facing end-of-life decisions and related challenges.
- Website
- lantern.co
- Social
Key Metrics
Founded Year
2018
Location
New York City, United States
Stage
Acquired
Total Funding
$2.75M in 2 rounds
Latest Funding Round
Ranked
7th among 81 active competitors
Employee Count
5 as on Aug 31, 2026
Exit Details
Acquired by Wellthy (May 12, 2023)
Lantern's acquisition details
Lantern got acquired by Wellthy on May 12, 2023.
Click here to take a look at Lantern's acquisition in detail
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Lantern's funding and investors
Lantern has raised a total funding of $2.75M over 2 rounds. Its first funding round was on Dec 07, 2020. Lantern has 7 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Lantern:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 28, 2022 | 7311128 | Seed | 2946065 | 7504119 | 6083259 | 7815907 |
Dec 07, 2020 | 4569683 | Seed | 5363955 | 9916134 |
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Lantern's founders and board of directors
Founder? Claim ProfileHere are the details of Lantern's key team members:
- Liz Eddy: Co-Founder & CEO of Lantern.
- Alyssa Ruderman Hager: Co-Founder and COO of Lantern.
View details of Lantern's Founder profiles and Board Members
Lantern's employee count trend
Lantern has 5 employees as of Aug 26. Here is Lantern's employee count trend over the years:
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Lantern's Competitors and alternates
Top competitors of Lantern include Empathy, Find a Grave and Better Place Forests. Here is the list of Top 10 competitors of Lantern, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Empathy 2021, New York City (United States), Series C | Provider of support solutions for legacy planning, loss, and leave | $162M | 71/100 | |
2nd | Find a Grave 1995, Lehi (United States), Unfunded | Online platform to find funeral services | - | - | 47/100 |
3rd | Better Place Forests 2015, San Francisco (United States), Series B | Provider of forest burial and memorial services | $35.7M | 47/100 | |
4th | MyObits 2017, South Boston (United States), Unfunded | Online platform that provides funeral-related services | - | - | 42/100 |
5th |  After 2020, Mesa (United States), Series A | Provider of cremation services and funeral pre-planning arrangements and insurance | $15M | 42/100 | |
6th | Solace Cremation 2018, Portland (United States), Acquired | Online platform for booking cremation services | $2.05M | 42/100 | |
7th | Lantern 2018, New York City (United States), Acquired | Provider of end-of-life care planning and concierge services | $2.75M | 41/100 | |
8th | Parting Stone 2019, Santa Fe (United States), Seed | Provider of funeral ashes solidification solutions | $3.74M | 38/100 | |
9th | Cake 2013, Sudbury (United States), Seed | Online platform that provides end of life planning | $5.05M | 38/100 | |
10th | eFuneral 2011, Cleveland (United States), Acquired | Online marketplace for funeral services | $275K | 35/100 |
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Lantern's Investments and acquisitions
Lantern has made no investments or acquisitions yet.
Reports related to Lantern
Here is the latest report on Lantern's sector:
News related to Lantern
•
Lantern Raises $1.4M to be the Modern Day End-of-Life Planning SolutionAlleyWatch•Dec 16, 2020•Lantern, Draper, Amplify, XFactor Ventures and 1 other
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