Alix just raised $20M Series A to automate estate settlements using AI.
The startup tackles the tedious, paper-heavy process of settling estates—scanning documents, filling forms, handling bank comms. Founder Alexandra Mysoor spent 900 hours over 18 months managing her best friend’s mother’s estate. She calls the system “archaic” and costly.
Acrew Capital’s Lauren Kolodny led the funding round. She backed neobank Chime early, a move that paid off massively—Chime went public with a $14.5B valuation last month. Kolodny says Alix solves a huge pain point as trillions pass to Gen Z and millennials. 
Kolodny on the gap in the market:
“How is it possible that there’s this messy problem that involves so much project management that there aren’t even meaningful services around?”
“It was this real aha moment for me. This is exactly the kind of problem that AI should be solving.”
Alix charges 1% of estate value. For estates under $1M, that’s $9K to $12K depending on complexity.
This move could signal a wave of AI startups targeting everyday financial admin tasks once reserved for the wealthy.
The launch follows Kolodny’s passion for tech that democratizes financial access and builds on her track record supporting consumer-focused fintechs.
Alix’s AI will handle the grunt work so grieving families don’t have to. Watch this space.
