Elayne

AI family estate planning & settlements after death

Description: Elayne empowers families to build generational wealth by automating estate planning and settlements on a single, unified platform. As the AI Executor, we manage the entire estate transfer process, facilitating $3 trillion in wealth transfers annually, with a ~3% take rate. Adria experienced this challenge firsthand after her mom passed away, leaving her to settle the estate while balancing her career. The process is currently entirely manual and takes an average of 400 hours over 18 months. Adria eventually burned out and resigned, which is when she realized that bereavement costs businesses $100 billion annually in lost productivity, absenteeism, and attrition. By addressing this problem through businesses, Elayne generates recurring revenue in an industry traditionally reliant on 1x transactions, while maintaining a lasting presence in the end user’s life. We directly alleviate the 43% increase in attrition following the death of a family member, while reducing overall costs for grieving families, democratizing estate support, and saving users hundreds of hours in financial, legal, and administrative tasks per loss.
Founders: Adria Ferrier

Jacob Grafenstein
Website: https://www.elayne.com/
Product Type: saas
Keywords: family estate planning

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