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Home Announcements 🇸🇪 Solace Care raises €2.1 million pre-seed led by Spintop Ventures
Announcements

🇸🇪 Solace Care raises €2.1 million pre-seed led by Spintop Ventures

Stockholm, Sweden – August 25, 2026 – Solace Care, the Stockholm-based end-of-life platform, has raised a pre-seed round of €2.1 million led by Spintop Ventures, with participation from global InsurTech investor Plug and Play and a group of senior Nordic insurance leaders. It is the largest pre-seed round raised to date for a European end-of-life platform.

Every death comes with a practical and emotional burden. Losing someone takes a moment. Untangling their life takes months. Settling the estate means every account, contract, and asset must be found, documented, and closed—a process no one is prepared for and no one can fully opt out of. The insurance industry has always managed the payout. The other months of work have been left to relatives to deal with in the middle of grief. It happens in every family, in every country, and until now nobody has built support for it.

“Today, insurance pays out and then the family is on their own for the next six months. We are redefining personal insurance, so the support is not only a payment. It should help the family keep going,” said Valtteri Korkiakoski, CEO and co-founder of Solace Care.

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.

From zero to 25,000 covered lives in a year

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. The growth has not come from marketing. It has come from partners who put it in front of their customers and saw the positive response to the product,” said Korkiakoski.

    The service is available today in Swedish, Finnish, and Norwegian, with ongoing 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. Put planning and support around it and the same policy suddenly does something for the family right now, not just after loss. That’s the value we’re building,” said Josef Karakoca, CTO and co-founder of Solace Care.

    Investors

    The round was led by Spintop Ventures, with participation from Plug and Play, the global InsurTech investor whose network includes major carriers, alongside a group of senior Nordic insurance leaders investing personally: Caroline Farberger (former CEO of ICA Försäkring), Fredrik Solberg (former CEO of Eir Insurance, previously senior finance roles at Zurich 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.

    Selling into an insurance ecosystem means enterprise sales cycles, procurement reviews, and long gaps between a first meeting and the first onboarded policyholder—followed by tens of thousands of covered lives arriving at once when a partner goes live. An investor base of people who have run carriers themselves shortens that conversation.

    “Life insurance has been sold on the same promise for decades. 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,” said Erik Wenngren, Partner at Spintop Ventures.

    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. We will change the way we think about death and insurance,” said Korkiakoski.

    About Solace Care

    Solace Care is a digital platform for legacy planning and support after loss. It helps people put their affairs in order while they still can, and guides their families through the practical and emotional work that follows a death. Sold through life insurers and brokers, it turns a financial product into a service families use when they need it most.

    Solace Care was founded in January 2025 by Valtteri Korkiakoski and Josef Karakoca, a Finnish-Swedish founding pair who previously helped build and scale Mindler, one of Sweden’s fastest-growing digital healthcare companies. Korkiakoski is a medical doctor who founded Medified, a mental health treatment monitoring app, and sold it to Mindler in 2022. Karakoca was VP of Engineering at Mindler. Solace Care is based at Founders House in Stockholm and operates across Sweden, Finland, Norway, Denmark, and the Netherlands.

    About Spintop Ventures

    Spintop Ventures is an early-stage venture capital firm investing in innovative, software-based technology companies from the Nordics. With a strong track record in enterprise software and deep-tech, Spintop supports founders in building scalable global businesses with sustainable impact.

    Media contact

    Valtteri Korkiakoski
    CEO, Solace Care
    Email: valtteri@solace.care
    Phone: +46 70-415 10 80

    For more information, visit Solace Care.


    Originally published on August 25, 2026 by Solace Care.

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