Solace Care, a Stockholm-based end-of-life platform, has raised a pre-Seed round of €2.1 million to expand its insurer and broker partnerships, enter the Netherlands and the UK, and grow its product and commercial teams.
The round was led by Spintop Ventures, with participation from Plug and Play, alongside Caroline Farberger (former CEO of ICA Försäkring), Fredrik Solberg (former CEO of Eir Insurance), Emil Lagerstedt-Karlsson (former VP Insurance & Insurtech at Insurely), Tomi Yli-Kyyny (former CEO of Fennia) and Stefan Moritz (former Head of Innovation at Max Matthiessen), together with Further Than Capital, Mattias Miksche, Krim Talia and Wave Ventures.
“Today, insurance pays out and then the family is on their own for the next six months,” says Valtteri Korkiakoski, CEO and co-founder of Solace Care. “We are redefining personal insurance, so the support is not only a payment. It should help the family keep going.”
As per EU-Startups coverage, Solace Care’s pre-Seed round lands amid continued European investment in insurance technology and digitally delivered care in 2026.
Over the past year, we have seen more than €199 million across a selection of adjacent rounds, including over €25 million for Copenhagen-based Festina Finance to modernise life-insurance and pension infrastructure, €42.2 million for UK InsurTech mea Platform, €20.1 million for Serbian-Hungarian insurer Ominimo, and €11 million for Frankfurt-based Oska Health, whose digital care model is distributed through health insurers.
In Sweden, Stockholm-based pet InsurTech Lassie raised €63.2 million to expand its prevention-led insurance model across Europe, providing a same-country comparison, albeit in a different insurance category.
“Life insurance has been sold on the same promise for decades,” adds Erik Wenngren, Partner at Spintop Ventures. “Solace Care changes what the product actually delivers to a family, both before and after a loss. That is rare in this industry, and the team has the operating history to execute it.”
Solace Care was founded in 2025 by Valtteri Korkiakoski and Josef Karakoca, a founding pair who previously helped build and scale Mindler, a digital healthcare company.
Sold through life insurers and brokers, Solace Care is a digital platform for legacy planning and support after loss. It helps users put their affairs in order while they still can, and guides their families through the practical and emotional work that follows a death.
Before a loss, policyholders use Solace Care to record their wishes, gather documents, and leave clear instructions – a vault they can share with family, extending coverage from the insured individual to the people who will actually do the work. After a loss, the family is guided through the practical administration, institution by institution, with human support alongside the platform.
Solace Care went from its first policyholders in mid-2025 to more than 25,000 covered lives across Sweden, Finland and Norway.
“A year ago we had zero covered lives,” says Valtteri. “The growth has not come from marketing. It has come from partners who put our solution in front of their customers and saw the positive response to the product.”
The service is available today in Swedish, Finnish, Norwegian with on-going plans to scale into the Danish and Dutch markets.
“A product that does nothing for you until you die is a tough sell to a healthy 35-year-old,” says Josef. “Put planning and support around it and the same policy suddenly does something for the family right now, not just after loss. Thatʼs the value weʼre building.ˮ
The capital will build out enterprise sales capability: deepening existing Nordic carrier and broker partnerships, opening the Netherlands and the UK, where Solace Care has already appointed local commercial advisors, and adding senior hires in product and commercial operations.
“Europe is aging rapidly, and no European player owns this end-of-life space yet,” says Korkiakoski. “We will change the way we think about death and insurance.“
Source: EU-Startups
