About Laurel Funerals
Laurel Funerals is a company based in Nottingham (United Kingdom) founded in 2005 was acquired by Sovereign Capital in January 2010.. The company has 804 employees as of January 31, 2021. Laurel Funerals offers products and services including Funeral Arrangement Service, Prepaid Funeral Plans, and Bereavement Support. Laurel Funerals operates in a competitive market with competitors including Funeral Services Partnership, Settld, Guardian Angel, Avalon Funeral Plans and Heartlink, among others.
- Headquarter Nottingham, United Kingdom
- Employees 804 as on 31 Jan, 2021
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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
$76.21 M (USD)11as on Dec 31, 2021
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Net Profit
$17.26 M (USD)83as on Dec 31, 2021
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EBITDA
$7.87 M (USD)-19as on Dec 31, 2021
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Latest Funding Round
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Investors
Metric Capital Partners
& 1 more
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Employee Count
804
as on Jan 31, 2021
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Acquired by
Sovereign Capital
(Jan 28, 2010)
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Products & Services of Laurel Funerals
Laurel Funerals offers a comprehensive portfolio of products and services, including Funeral Arrangement Service, Prepaid Funeral Plans, and Bereavement Support. 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.
Service for arranging funerals and cremations for families.
Plans to prepay funeral costs for future needs.
Guidance and resources for coping with grief and loss.
Funding Insights of Laurel Funerals
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2012 | Amount | Series B - Laurel Funerals | 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 Laurel Funerals
Laurel Funerals has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Metric Capital Partners and Sovereign Capital. 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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Capital solutions are provided to mid-sized companies in Europe.
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Founded Year | Domain | Location | |
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Investment partnerships are formed with service-based businesses for growth.
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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 Laurel Funerals
| 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 - Laurel Funerals
| 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 |
Laurel Funerals Comparisons
Competitors of Laurel Funerals
Laurel Funerals 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 Funeral Services Partnership, Settld, Guardian Angel, 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 |
Funeral services provider
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| 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 |
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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Frequently Asked Questions about Laurel Funerals
When was Laurel Funerals founded?
Laurel Funerals was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Where is Laurel Funerals located?
Laurel Funerals is headquartered in Nottingham, United Kingdom.
How many employees does Laurel Funerals have?
As of Jan 31, 2021, the latest employee count at Laurel Funerals is 804.
What is the annual revenue of Laurel Funerals?
Annual revenue of Laurel Funerals is $76.21M as on Dec 31, 2021.
What does Laurel Funerals do?
Laurel Funerals was founded in 2005 in Nottingham, United Kingdom. An online marketplace is operated in the funeral services sector, allowing users to compare funeral homes according to location, available services, facilities, and customer reviews. Direct communication with service providers is enabled on the platform, supporting informed decisions in end-of-life arrangements.
Who are the top competitors of Laurel Funerals?
Laurel Funerals's top competitors include Funeral Services Partnership, Settld and Guardian Angel.
What products or services does Laurel Funerals offer?
Laurel Funerals offers Funeral Arrangement Service, Prepaid Funeral Plans, and Bereavement Support.
Who are Laurel Funerals's investors?
Laurel Funerals has 2 investors. Key investors include Metric Capital Partners, and Sovereign Capital.
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