Greenville, S.C. – VentureSouth is pleased to announce its recent Series Seed investment in OneDigitalTrust, a McLean, VA-based EstateTech platform.
OneDigitalTrust allows users to digitally create and update their personal estate plans through all of life’s stages. The company’s solutions are offered directly to financial institutions, making it easy for them to deliver to their customers and employees. OneDigitalTrust offers services in all 50 states, plus Washington, DC.
“VentureSouth’s investment will help us accelerate delivery of the OneDigitalTrust EstateTech solution to financial, wealth management, and insurance companies seeking to meet growing demand from their clients for affordable, digital, easy-to-use-and-change Wills and Trusts,” said Sonny Kapoor, Co-founder and CEO, OneDigitalTrust. We’re grateful to VentureSouth for their clear vote of confidence in our vision, direction and early successes.”
OneDigitalTrust will use the new funding from the Seed round to enhance its platform’s capabilities and expand its business development, marketing, and customer capture programs. The funding is expected to help power the company’s growth and uptake among financial, insurance and estate planning professionals to help them meet the needs of a rapidly growing market for individual and family estate plans.
VentureSouth led the investment round with co-investment from its VentureSouth Angel Fund IV. We are delighted to be joined by State of Virginia’s Center for Innovative Technology GAP Funds, Portfolia’s Active Aging and Longevity Fund, and RTP Capital.
This marks the third VentureSouth investment in a Virginia startup since the formation of VentureSouth Virginia earlier this year. VentureSouth entered the market in partnership with Startup Virginia, a nonprofit high-growth business incubator and entrepreneurial hub dedicated to advancing businesses that build a long-term, sustainable economy for Virginia. In just a few months, the VentureSouth Virginia group has gained over 30 new members.
Richard Wintsch, market director of VentureSouth Virginia commented, “Funneling early-stage companies in Virginia to the VentureSouth angel network is one of many reasons we launched the VentureSouth Virginia chapter earlier this year. It’s great to have the full force of the VentureSouth membership available to fund Virginia companies, like OneDigitalTrust, and provide expertise to help them grow and generate jobs in our local community.”
OneDigitalTrust is the next generation, DIY (do it yourself) digital EstateTech platform that offers essential human assistance to allow users to update their personal estate plans through all of life’s stages. Its solutions are offered directly to larger financial institutions, making it easy for them to deliver to their customers. Based in McLean, Va., OneDigitalTrust offer services in all 50 states, plus Washington DC. For more information, please visit: https://www.onedigitaltrust.com/.