Tag: direct cremation

Business Finance Products

My hunch: Inflation, other factors will lead to rapid acceptance of “Online Direct Cremation”

Thursday night into Friday morning brought Minnesota’s first snowfall of the 2021-2022 winter season.  It was light, but created slippery conditions outside that forced me onto an indoor treadmill run on Friday morning.  My 2 1/2 mile daily run is punctuated by the fact that I have a lot of stamina. . . just not a lot of speed.  On an indoor run, the result of that fact is I get about 25 minutes to catch up with the morning […]

Business

The FedEx strategy shift. . where do funeral homes go?

Editor’s Note:   For as yet unknown technical reasons, our daily article was not sent out earlier this morning.  Sorry. . here it is. All things are created equal. . . . until they’re not.  In the death care business I’m not so sure all of the calls we get at our funeral homes are created equal.  A death call that ends up being a full traditional funeral with casket and vault sale is probably more than equal to a direct […]

Cremation Finance Products

Death care start-ups Recompose and Pure Cremation keep moving forward

New ideas come to the forefront in all industries from time to time.  Some never get going, some ideas stagnate, but it is really exciting when you see some ideas and concepts catch a tailwind and continue to move forward. In the last couple of weeks we have seen news from two death care start-ups, Seattle’s Recompose and Great Britain’s Pure Cremation, that make us believe that their masts are billowing with some wind behind the sails. Recompose, the original […]

Cremation Finance

Solace cremation company raises $1.745 million in seed funding

“One flat price. $895. No Surprises.” That’s how direct cremation provider Solace describes themselves on their web-site.  And now, according to this article in Geekwire,  they have some cash behind them to spread that narrative about their company. Geekwire mentioned earlier this month that Solace has closed an oversubscribed funding round of $1.745 million with Portland, Oregon, based Rogue Venture Partners as lead and participation by Cascade Seed Fund of Bend, Oregon, and Alliance of Angels of Seattle, Washington. The […]

Business Cremation

$5 footlongs . . . . and $695 cremations

Last week we commented on an article from funeral industry veteran Doug Gober.  That article encapsulated where Mr. Gober saw the investment money going in the death care industry.  We think Gober was right on in his assessment, but one of his insights . . . . .that of “the best way to add value to an existing funeral home is to add a crematory” brought a question from one of our readers that we think is interesting. That reader […]

Business Cremation

How direct cremation pioneer Pure Cremation has disrupted the UK’s funeral industry

*Re-printed with permission from Pure Cremation. Before 2015 the funeral industry in Great Britain still looked and felt very Victorian. Most ceremonies were still rooted in 200-year old traditions and any deviation from the norm was frowned upon by both funeral directors and mourners. However, this was set to change when veteran undertaker Bryan Powell along with his wife Catherine encountered a few people unwilling to accept the default format because it did not suit the deceased’s worldview and lifestyle […]

Business

Death Care and the possible new orientation

Yesterday we published an article dealing with the potential $1 billion value of a consolidated group of companies that serve the death care space.  Yet, to my knowledge, not one of these companies deals with the physical aspect of taking care of the deceased human being.   I was, and still am,  somewhat astonished at that amount of money for some companies that, in my opinion, are ancillary to what I would call “the process of death care”. It made me […]

Cremation Products

The two Nike guys out to disrupt the death care industry

I came across this recent article from Seed Investor entitled “Solace co-founder David Odusanya on the impact of COVID-19”.  The article intrigued me, not because of the COVID-19 fact, but because I knew that Solace was the company founded in Portland, Oregon, by two Nike executives to enter the low-cost direct cremation market. According to the company web-site, Solace provides direct cremation with “Concierge Level Support” thru Solace Care Teams for $895. The death care space has historically been won […]

Finance

Catching up with Tulip Cremation

Last spring Funeral Director Daily published an article on the inception of San Francisco based Tulip Cremation.  You can read that article here.  In it, we had talked that we had been at an industry get together at that time and a lot of talk revolved around how Tulip Cremation, and its internet direct to the consumer business model, would play out. As we wrote in that article, Tulip Cremation had launched and their web-site showed that they were operating […]

Business Cremation

Will Tulip Cremation make a difference

I mentioned earlier this week that I spent last week in Las Vegas with about 150 people in our profession.  Lots of items get bantered about at this event and one that was visited about quite frequently last week was the opening of Tulip Cremations. While I have only anecdotal knowledge of Tulip Cremation, I have checked them out on their website (www.tulipcremation.com) and tried to learn as much as I can about them.  Here is some of what I […]