About Funeral Services Partnership
Funeral Services Partnership is a company based in Reading (United Kingdom) founded in 2007 was acquired by Montagu in May 2016.. Funeral Services Partnership has raised $37.32 million across 1 funding round from investors including HSBC, Maven Capital Partners and August Equity. The company has 987 employees as of September 30, 2023. Funeral Services Partnership offers products and services including Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory. Funeral Services Partnership operates in a competitive market with competitors including Settld, Guardian Angel, Laurel Funerals, Avalon Funeral Plans and Heartlink, among others.
- Headquarter Reading, United Kingdom
- Employees 987 as on 30 Sep, 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 Funeral Partners Limited
- Date of Incorporation 12 Jun, 2007
- Jurisdiction NOTTINGHAM
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Annual Revenue
$90.34 M (USD)16as on Sep 30, 2023
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Net Profit
$16.13 M (USD)36as on Sep 30, 2023
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EBITDA
$14.8 M (USD)41as on Sep 30, 2023
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Total Equity Funding
$37.32 M (USD)
in 1 rounds
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Latest Funding Round
$37.32 M (USD), Private Equity Round
Sep 25, 2009
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Investors
HSBC
& 4 more
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Employee Count
987
as on Sep 30, 2023
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Acquired by
Montagu
(May 10, 2016)
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Products & Services of Funeral Services Partnership
Funeral Services Partnership offers a comprehensive portfolio of products and services, including Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Services for planning and conducting funerals with community support
Plans to prepay funeral costs for future needs
Assistance and resources for coping with grief
Platform to find and compare funeral homes
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Funding Insights of Funeral Services Partnership
Funeral Services Partnership has successfully raised a total of $37.32M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $37.32 million completed in September 2009. 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 Private Equity Round — $37.3M
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First Round
First Round
(25 Sep 2009)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2009 | Amount | Private Equity Round - Funeral Services Partnership | Valuation |
investors |
| 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 Funeral Services Partnership
Funeral Services Partnership has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Maven Capital Partners and August Equity. 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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August Equity is engaged in lower mid-market private equity investments.
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for private equity investments.
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Founded Year | Domain | Location | |
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Montagu Private Equity is engaged in mid-market business investments.
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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 Funeral Services Partnership
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - Funeral Services Partnership
| 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 |
Funeral Services Partnership Comparisons
Competitors of Funeral Services Partnership
Funeral Services Partnership 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 Settld, Guardian Angel, Laurel Funerals, Avalon Funeral Plans and Heartlink, 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 |
Automated death settlement management is facilitated via an online platform.
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| domain | founded_year | HQ Location |
Funeral services are planned and booked via an online platform.
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| domain | founded_year | HQ Location |
Funeral homes and services are compared via an online marketplace.
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| domain | founded_year | HQ Location |
Pre-paid funeral plans are provided across the UK and Europe.
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| domain | founded_year | HQ Location |
Online platform for funeral planning and family support provided.
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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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Latest news on Funeral Services Partnership
Frequently Asked Questions about Funeral Services Partnership
When was Funeral Services Partnership founded?
Funeral Services Partnership was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Funeral Services Partnership located?
Funeral Services Partnership is headquartered in Reading, United Kingdom.
Is Funeral Services Partnership a funded company?
Funeral Services Partnership is a funded company, having raised a total of $37.32M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $37.32M, raised on Sep 25, 2009.
How many employees does Funeral Services Partnership have?
As of Sep 30, 2023, the latest employee count at Funeral Services Partnership is 987.
What is the annual revenue of Funeral Services Partnership?
Annual revenue of Funeral Services Partnership is $90.34M as on Sep 30, 2023.
What does Funeral Services Partnership do?
Funeral Services Partnership was founded in 2007 and is headquartered in Reading, United Kingdom. A network of over 130 funeral directors is operated, through which funerals and memorial services are planned and arranged for families. Approximately 10,500 funerals are handled annually, based on 2016 figures. The company was acquired by private equity firm Montago from August Equity Partners in May 2016.
Who are the top competitors of Funeral Services Partnership?
Funeral Services Partnership's top competitors include Settld, Guardian Angel and Laurel Funerals.
What products or services does Funeral Services Partnership offer?
Funeral Services Partnership offers Funeral Arrangements, Prepaid Funeral Plans, Bereavement Support, and Online Directory.
Who are Funeral Services Partnership's investors?
Funeral Services Partnership has 5 investors. Key investors include HSBC, Maven Capital Partners, August Equity, Octopus Investments, and Montagu Private Equity.
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