What is Eterneva?
Eterneva is a pioneering consumer technology company that has redefined the grief wellness sector by offering a unique service: the creation of personalized diamonds from cremated ashes or hair. This innovative approach allows individuals to celebrate and memorialize lives in a tangible and enduring way. Based in Austin, Texas, Eterneva combines advanced technology with a deeply personal service, providing a meaningful alternative for remembrance and honoring loved ones. The company's focus on personalized memorialization positions it uniquely within both the consumer technology and end-of-life services markets.
How much funding has Eterneva raised?
Eterneva has raised a total of $13.2M across 3 funding rounds:
Debt
$150K
Angel/Seed
$3M
Series A
$10M
Debt (2020): $150K with participation from PPP
Angel/Seed (2020): $3M led by Springdale Ventures, Founder Collective, SoGal Ventures, Next Coast Ventures, and Capstar Ventures
Series A (2021): $10M supported by Next Coast Ventures, Goodwater Capital, Tiger Global Management, and Capstar Ventures
Key Investors in Eterneva
Founder Collective
Founder Collective is a venture capital fund focused on seed and pre-seed investments, partnering with exceptional entrepreneurs from the idea stage to IPO. The firm emphasizes founder alignment and supports innovative startups across various sectors, demonstrating a commitment to long-term relationships with founders.
Next Coast Ventures
Next Coast Ventures is an Austin-based venture capital firm that partners with bold entrepreneurs building innovative companies in big markets. It provides early-stage capital to high-growth startups in 'Next Coast' markets, using macro trends and themes to guide its investment strategy.
Goodwater Capital
Goodwater Capital is a consumer tech investment firm that empowers exceptional entrepreneurs to create positive change in the world. They focus on investing in innovative companies across various sectors, including financial services, retail, and healthcare.
What's next for Eterneva?
The recent major strategic investment in Eterneva signals a pivotal phase for the company, likely enabling expansion of its technological capabilities, enhancement of its customer service infrastructure, and broader market outreach. As a company operating in the sensitive grief wellness space, continued investment will be crucial for scaling operations while maintaining the high degree of personalization and emotional support its clients require. Future growth may involve exploring new memorialization products or expanding into adjacent markets that value personalized, technology-driven solutions for life's significant moments. The company's ability to leverage this capital for operational efficiency and customer experience will be key to its sustained success.
See full Eterneva company page
