Afilio

Afilio provides a centralized online location where individuals and families can manage legal, financial, and retirement planning. The platform enables users to generate legally sound documents such as living wills, powers of attorney, and testaments without the direct need for expensive legal counsel. It also assists with pension provisions and helps users find suitable insurance policies. The service guides users by assessing their individual needs and providing personalized, commission-free recommendations, which can be more cost-effective than traditional providers. Afilio's business model is subscription-based, offering a membership for an annual fee that provides access to its suite of document creation tools and planning services.

The company's offerings are designed to serve as a digital companion through various life stages, from entering the workforce to family planning and retirement. Afilio aims to be the primary point of contact for families when dealing with emergencies or significant life events like illness or death. Since its launch, the company has secured significant funding to support its growth. Notable funding rounds include a seed round in 2019 for approximately $5 million and a Series A round in 2021 for $13 million, led by CommerzVentures with participation from investors like Cherry Ventures, Speedinvest, and Cavalry Ventures.