What is Precoa?
Founded in 2004 by Mark Hornibrook and Bret Davis, Precoa operates as a specialized provider of preneed funeral planning services. The company distinguishes itself through its ProActive Preneed® methodology, which integrates funeral insurance expertise with sophisticated marketing strategies. By focusing on the intersection of compassionate family service and operational craftsmanship, Precoa has established a robust infrastructure designed to streamline the pre-arrangement process. The firm's market position is defined by its commitment to proactive engagement, effectively bridging the gap between funeral service providers and families seeking long-term peace of mind through structured planning solutions.
How much funding has Precoa raised?
Precoa has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Precoa
PPP
Public-Private Partnership
What's next for Precoa?
With the recent influx of capital, Precoa is well-positioned to accelerate its operational expansion and enhance its technological service delivery. The company's strategic roadmap likely involves deepening its penetration into the national market while refining its ProActive Preneed® framework to meet evolving consumer expectations. As the firm transitions into this next phase of growth, the focus will remain on maintaining the culture of progression and service excellence that has characterized its development since inception. Investors and industry stakeholders will be monitoring how this latest financing round facilitates further innovation in the preneed sector, particularly as the company seeks to optimize its service features and broaden its reach across the United States.
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