Alix Targets Faster Estate Settlements with $20M Series A

Estate settlement is a sprawling process that typically takes between 12 and 18 months and can require hundreds of hours of administrative work. Even with documents like wills and living trusts in place, heirs must navigate a labyrinth of systems: courts, custodians, banks, insurance companies, and creditors. Alix, a San Francisco-based fintech startup, is attempting to compress that complexity into something more manageable using a combination of automation, AI, and human support. Founded in 2022, the company has developed a digital estate settlement platform that streamlines the most burdensome parts of settling an estate.  In July 2025, the company raised $20 million in a Series A round led by Acrew Capital, with participation from Charles Schwab, Edward Jones Ventures, Initi