Question 1

What is Solace Care?

Accepted Answer

Solace Care is an AI-driven digital platform that provides end-of-life planning and bereavement support services, integrating with insurance companies and employers across Nordic markets. Founded in January 2025 in Stockholm, it combines digital planning tools, automated guidance, and professional support to help families navigate loss.

Question 2

What problem does Solace Care solve?

Accepted Answer

Families spend hundreds of hours on death administration across 40+ institutions. Only 28% of insurers offer bereavement support, yet 89% of policyholders expect holistic support beyond financial payouts. Solace Care bridges this gap.

Question 3

How does Solace Care work for insurance companies?

Accepted Answer

Insurers integrate Solace Care as a value-added service for policyholders, reducing claims back-and-forth, accelerating settlement, and improving the overall claims experience.

Question 4

Where does Solace Care operate?

Accepted Answer

Solace Care operates across Sweden, Finland, and Norway. Selected for InsurTech Europe Batch 14, positioning for broader European expansion.

Question 5

Who founded Solace Care?

Accepted Answer

Founded in 2025 by Valtteri Korkiakoski (CEO) and Josef Karakoca (CTO), with experience from Mindler. Completed SEK 3M convertible note funding.

Question 6

How is Solace Care different from competitors?

Accepted Answer

Solace Care uniquely integrates end-of-life planning, bereavement support, and B2B2C distribution through insurers and employers, with AI-driven personalization and deep Nordic regulatory localization.

24 Companies Selected for Techarena Challenge 2025