UKTV Ventures has backed the digital funeral planner with an airtime-for-equity agreement to fund its upcoming broadcast campaign.
Legacy of Lives operates a digital funeral planning platform and price comparison site that helps families arrange services. The free online tool connects users with thousands of providers to simplify a complex process.
Funeral planning platform Legacy of Lives has secured £1m in a seed funding round from UKTV Ventures. The investment takes the form of an airtime-for-equity deal, providing the company with television advertising across several linear channels starting in April 2024. The capital will enable the business to expand its brand presence and reach a wider audience seeking end-of-life support.
The partnership gives Legacy of Lives access to millions of monthly viewers while granting the broadcaster an equity stake. Founded in 2019, the platform aims to make funeral arrangements more transparent by offering direct comparisons of thousands of providers.
From the founder
"This support marks a significant step towards fulfilling our vision of becoming the go-to destination for funeral planning and support. With the costs of dying and funerals spiralling, there is no better time to get more people pre-planning funerals and also comparing the wide range of prices and choices they have when organising a funeral."
Rebecca Peach
Founder and CEO at Legacy of Lives
Investor perspective
"We’ve been so impressed with Legacy of Lives, as well as the technology and service they’ve created to support people in planning a funeral. We are excited by the launch of Legacy of Lives’ first TV ad campaign, which is set to significantly boost awareness of their valuable service. It’s powerful offering is certain to strike a chord with UKTV viewers throughout the network, and we’re genuinely pleased to help Legacy of Lives become the go-to destination for funeral planning."
Brendan Kilcawley
Director of UKTV Ventures, UKTV Ventures
Investors
About the company
Legacy of Lives
Digital funeral planning service and price comparison platform.