Funeral Services Startup Investment Opportunity in Quatre Bornes, Mauritius
Established | 0-1 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 930 thousand |
EBITDA Margin | 10 - 20 % |
Industries | Ecommerce Websites + 1 more |
Locations | Quatre Bornes |
Local Time | 4:30 AM Asia / Muscat |
Listed By | Business Owner / Director |
Status | Recently Active |
We are building, Africa’s first AI-powered platform that integrates funeral planning, healthcare access, insurance, and financial tools into one seamless mobile experience, transforming a fragmented, underserved industry.
2. Early market validation:
Successfully acquired 1,421 paying members in Mauritius through our bundled Gold Network funeral and life services membership, confirming strong demand and early traction.
3. Diverse Revenue Streams:
Monetization includes subscription-based memberships, margins on funeral services and repatriation, product sales through our digital marketplace, and commission on embedded finance (microloans and BNPL).
3. Experienced team & promoter:
Founded by Ronaldo Vieillesse, a third-generation funeral professionals with 40+ years of hands-on industry experience, blending deep operational knowledge with a tech-first vision of the new generation.
4. Strategic partnerships:
Partnered with local companies, community cooperatives, and regulated financial institutions for scalable distribution and financial inclusion.
5. Global recognition:
Invited to join the Peachscore + Dealum Accelerator, backed by Plug and Play (early investor in Google, PayPal, Dropbox), a strong validation of our innovation potential.
The previous year’s reported revenue is unavailable as operations commenced this year.
The business currently does not own any tangible assets. We operate as an asset-light, digitally driven company, and are raising funds to finance future acquisition of physical assets such as coffin manufacturing equipment, office expansion, and logistics infrastructure.
Intangible assets:
1. Digital platform (under development)
Proprietary AI-powered ecosystem integrating funeral planning, healthcare access, insurance, and financial tools.
2. Figma-based app prototype.
Interactive design used for demos, user testing, and partner onboarding.
3. Digital membership model (gold network)
Price-locked, bundled membership product validated with over 1,400 paying users.
4. Customer database.
Over 1,421 verified members with active demand insights and lead segmentation.
5. Brand & domain assets.
Registered name, logo, digital presence, and brand collateral.
6. Partnership network.
Established collaboration with cooperatives, churches, and financial institutions.
1. Ebene cybercity office:
A 25 m² rented office situated in Mauritius' leading tech and business hub, used primarily for digital operations, tech development, and executive meetings.
2. Port louis office:
A 57 m² rented office in the capital, serving as our client service and administrative hub, close to key public institutions and community partners.
3. Bambous manufacturing facility:
An 80 m² rented workshop dedicated to the in-house manufacturing of coffins and funeral products, supporting our vertical integration and cost-efficiency in funeral service delivery.
All facilities operate under renewable commercial lease agreements, allowing us to maintain an asset-light, scalable footprint while ensuring high operational agility.
Outstanding loans/debt:
The business carries no outstanding loans or debt obligations.
Shareholding structure:
The company is entirely owned by a single shareholder, holding 100% ownership.
We are now actively seeking external capital through our first equity funding round to accelerate product development, drive user acquisition, and support regional expansion.