About Lantern
Lantern is a company based in New York (United States) founded in 2018 by Alyssa Ruderman and Liz Eddy was acquired by Wellthy in May 2023. It operates as a Managed Services. Lantern has raised $2.75 million across 2 funding rounds from investors including Wellthy, Amplify and Draper Associates. Lantern offers products and services including Care Concierge and Backup Care Solutions. Lantern operates in a competitive market with competitors including Empathy, Better Place Forests, After, Eterneva and Cake, among others.
- Headquarter New York, United States
- Founders Alyssa Ruderman, Liz Eddy
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Sectors
Media & EntertainmentBusiness Services
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Phone
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Website
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Social
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- Legal Name Wellthy Inc.
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Products & Services of Lantern
Lantern offers a comprehensive portfolio of products and services, including Care Concierge and Backup Care Solutions.
Care support is provided for families and employers.
Backup care solutions are offered for urgent needs.
People of Lantern
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Funding Insights of Lantern
Lantern has successfully raised a total of $2.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $455 thousand completed in March 2022. 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.
Investors in Lantern
Lantern has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Wellthy, Amplify and Draper Associates.
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Tech startups are accelerated sector-agnostically by Amplify.
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Early-stage capital is provided to women and mixed-gender founding teams.
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Investor details for Lantern
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Investments & Acquisitions by Lantern
Investment portfolio details for Lantern
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Financial Statements - Lantern
Detailed financials for Lantern
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Lantern Comparisons
Peer comparison for Lantern
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Competitors of Lantern
Lantern 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 Empathy, Better Place Forests, After, Eterneva and Cake, among others.
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Support for life's transitions is provided by Empathy.
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Forest burial and memorial services are provided to families.
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Cremation services are provided via an online platform.
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Personalized diamond jewelry is created from human and pet ashes.
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Online platform that provides end of life planning
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Online platform for booking cremation services
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Detailed competitors of Lantern
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Latest news on Lantern
Complete news archive for Lantern
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Frequently Asked Questions about Lantern
Lantern was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Lantern is headquartered in New York, United States. It is registered at New York, New York, United States.
Liz Eddy is the current CEO of Lantern. They have also founded this company.
Lantern is a funded company, having raised a total of $2.75M across 2 funding rounds to date.
Lantern, acquired by Wellthy Inc., is dedicated to providing caregiving concierge and end-of-life planning solutions. Services are offered to employers, health plans, and families, ensuring comprehensive support across various life stages. The integration into Wellthy enhances the scope of care with a focus on day-to-day assistance and future planning. Operations are centered in the healthcare sector, addressing critical family care needs.
Lantern's top competitors include Empathy, Better Place Forests and Parting Stone.
Lantern offers Care Concierge and Backup Care Solutions.
Lantern has 8 investors. Key investors include Wellthy, Amplify, Draper Associates, XFactor Ventures, and F7 Ventures.