Sunset Software Analysis
What is Sunset Software?
Sunset helps families locate and secure financial accounts and assets after a death. The service covers bank accounts, life insurance, credit cards, debts, retirement accounts, investment accounts, real estate, unclaimed property, vehicles, and business ownership. It also handles search, probate documents, estate bank account setup, financial transfer, and inheritance distribution.
Location
310 South Main Street, Suite 1125, Salt Lake City, UT 84111, United States
Employees
1-10
Founded
2024
Product Features & Capabilities
- Financial account discovery, asset consolidation, life insurance discovery, credit card account identification, property and vehicle record search, debt and liability management, secure data handling, customer support.
Pricing
- Sunset's deceased asset search and closure is free to use.
- After selecting accounts to close, Sunset will move those accounts and money into an investment account managed by Sunset and controlled by the user.
- Sunset earns a fee on interest generated while money sits in the estate account.
Who are the founders of Sunset Software
SW
Stephen Walter
Founder
KW
Kaela Worthen
Cofounder
HQ Full Address
310 South Main Street, Suite 1125, Salt Lake City, UT 84111, United States
Market Focus
Sunset Software primarily focuses on the estate settlement industry, providing software solutions to help locate financial accounts and assets after the death of a loved one.
Investors
- Y Combinator
- Anu Atluru
- Chris Hutchins
- Contrarian Thinking Capital
- Everywhere Ventures
- Hustle Fund
- Lobster Capital
- Urban Innovation Fund
Business Model
Revenue from fees on interest generated in estate accounts and tiered partner referrals.
Competitors Overview
The main competitors of Sunset Software in the market for locating financial accounts and assets after the loss of a loved one include:
-
Empathy:
- Overview: Empathy provides a platform that helps families manage the process of locating and securing assets after a loved one passes away. Their service includes tools for finding financial accounts, life insurance policies, and other assets.
- Notable Differences/Advantages: Empathy focuses on a user-friendly experience, offering a comprehensive guide for families navigating the complexities of estate management. They emphasize emotional support and provide resources to help users through the grieving process.
-
EstateExec:
- Overview: EstateExec is an online software designed specifically for estate executors, providing tools to manage estate administration tasks efficiently. It includes features for automated accounting, task management, and state-specific guidance.
- Notable Differences/Advantages: EstateExec offers a structured approach to estate management, with customizable task lists and automated financial tracking. This software is particularly beneficial for executors who need to handle legal and financial responsibilities systematically.
Both competitors provide valuable services that cater to the needs of families dealing with the loss of a loved one, but they differ in their focus and the specific features they offer.
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