About Eirene
Eirene is a company based in Hamilton (Canada) founded in 2019.. Eirene has raised $4.1 million across 1 funding round from investors including St. Elizabeth Healthcare, Export Development Canada and Relay Ventures. The company has 2 employees as of December 31, 2023. Eirene operates in a competitive market with competitors including SayGoodbye, iMemorized, Muslim Will, Lépine Cloutier and FuneralNotification, among others.
- Headquarter Hamilton, Canada
- Employees 2 as on 31 Dec, 2023
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Sectors
Media & EntertainmentBusiness Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eirene
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.1 M (USD)
in 1 rounds
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Latest Funding Round
$4.1 M (USD), Seed
Apr 03, 2024
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Investors
St. Elizabeth Healthcare
& 4 more
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Employee Count
2
as on Dec 31, 2023
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Funding Insights of Eirene
Eirene has successfully raised a total of $4.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.1 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $4.1M
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First Round
First Round
(03 Apr 2024)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2024 | Amount | Seed - Eirene | Valuation | Relay Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eirene
Eirene has secured backing from 5 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include St. Elizabeth Healthcare, Export Development Canada and Relay Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are made in technology startups.
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Founded Year | Domain | Location | |
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SME loans are provided to support business exports.
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Founded Year | Domain | Location | |
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MK
Michael Katchen |
Founder of Wealthsimple, Canadian fintech leader, active angel investor in tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eirene
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eirene
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eirene Comparisons
Competitors of Eirene
Eirene operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SayGoodbye, iMemorized, Muslim Will, Lépine Cloutier and FuneralNotification, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Personalized messages and videos are scheduled for delivery upon demise.
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| domain | founded_year | HQ Location |
Secure virtual storage for personal documents and memory capsules online.
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| domain | founded_year | HQ Location |
An online platform for Muslim-focused will creation is operated.
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| domain | founded_year | HQ Location |
Funeral services are delivered via an online platform.
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| domain | founded_year | HQ Location |
Provides an online platform for making death announcements.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Eirene
When was Eirene founded?
Eirene was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Eirene located?
Eirene is headquartered in Hamilton, Canada. It is registered at Hamilton, Ontario, Canada.
Is Eirene a funded company?
Eirene is a funded company, having raised a total of $4.1M across 1 funding round to date. The company's 1st funding round was a Seed of $4.1M, raised on Apr 03, 2024.
How many employees does Eirene have?
As of Dec 31, 2023, the latest employee count at Eirene is 2.
What does Eirene do?
Provider of online funeral and cremation services. They offer online creamtion arrangements that can be made from home. They provide funeral planning, cemetries, financial planning and assistance for funeral directors. It also provides an obituary and condolence writing tool.
Who are the top competitors of Eirene?
Eirene's top competitors include SayGoodbye, Muslim Will and Lépine Cloutier.
Who are Eirene's investors?
Eirene has 5 investors. Key investors include St. Elizabeth Healthcare, Export Development Canada, Relay Ventures, Michael Katchen, and Manica Blain.