📝 Alix raises $20M

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Forbes Midas List investor Auren Kolodny, known for backing Chime early, has led a $20 million Series A round in Alix, a startup using AI to automate estate settlement. Founded by Alexandra Mysoor after personally navigating the gruelling 900-hour process of settling a friend’s estate, Alix handles tasks like document processing, form completion, and bank communication. With trillions set to transfer to younger generations in the coming decades, Kolodny sees Alix as a much-needed tool for democratizing a process long reserved for the wealthy. Charging roughly 1% of the estate value (or $9,000–$12,000 for estates under $1 million), Alix aims to simplify a painful, bureaucratic process during life’s most difficult moments.

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