Acquisitions, equity funding, new funeral homes. . . The nexus between technology and traditional continues

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In the last couple of weeks I’ve noticed articles that truly point to Death Care as being at a nexus, or intersection, of technology and tradition.  Today’s Funeral Director Daily article brings you information and links to articles that truly show that Death Care is changing.

There is one article that shows evolution of a company to be able to meet the needs of today’s consumer.  It’s an article from a company with its roots in the casket business that has changed over the years to become what they term “The Cremation Solutions Leader”.

There is also an article that shows how some investors see enormous potential in the technology of Death Care and how the business can be coupled with health care, grief, and insurance to bring big changes to how consumers might interact with those business silos with greater ease and savings.

Finally, we bring you an article where an ethnic group is partnering with their federal government to keep funerals traditional for them in what indicates a growing sense of cultural niche services in Death Care.  Cultural options, much in line with the old “Catholic vs. Protestant” funeral homes of the past, is something that may be making a comeback on the horizon.  I can also see opportunties and envision certain Death Care companies making “compacts or agreements” with these groups to operate, or manage, such facilities as was done early on in the gaming world and is being done today as senior care centers of certain sizes look for contracted management outside of their walls to reduce costs.

It’s probably a good point to note that “change” is difficult for many, however the thought process of not looking at what North American consumers seem to be wanting in future Death Care may be detrimental to your business.  These business groups seem to have made decisions, and investments, based on a future of technology, cremation, and tradition. . . . and all, based on their investments, believe that there is a market for them to succeed in today’s Death Care business environment.

Folowing are the three articles mentioned above that we have linked for your convenience:

Acquisition —  Starmark Cremation products acquires Chateau Urns.  

Additional Starmark information — Starmark website

Equity Funding —  Exclusive:  Empathy raises $72 million Series C to tackle the agonizing logistics of death.  Yahoo Finance

Additional Empathy information —  Empathy announces $72 million Series C and unveils Empathy Alliance.  BusinessWire

Additional Empathy information —  Empathy website

New Funeral Homes —  Peepeekisis Cree Nation breaks ground for new funeral home.  Government of Canada news release

Additional Peepeekisis Cree Nation information — Peepeekisis First Nation plans to open funeral home that meets cultural needs.  CBC Canada

More news from the world of Death Care:

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