Modern financial infrastructure for an industry that plans further ahead than almost any other.
Perpetus.ai is an independent software layer for preneed trust administration. It reconciles the funds that funeral homes and their customers set aside today — for services that may not be delivered for years or decades — against the statements of the trustees who hold them.
From that reconciled book it generates the state filings and the family reporting the work requires. We are building it from scratch, in Florida, with the care the work deserves.
Preneed contracts are among the longest-duration consumer financial commitments in America. A family sets money aside today; the service it is meant to cover may not be delivered for a decade or more.
By law, the funds sit in third-party trusts and insurance policies, where they are held, invested, and reported on by a small number of administrators.
The infrastructure that handles this capital has not meaningfully changed in a generation. Reconciliation between operator records and trustee statements is done by hand.
State compliance filings, required quarterly and annually, consume weeks of work each cycle. And the only account of how the trust is performing comes from the institution that holds it — reported on PDFs, a quarter at a time, with no independent check.
There is room for something better, and we believe the work is overdue.
Perpetus.ai is a modern software platform for preneed trust administration.
The first product is an independent reconciliation and compliance layer:
We are starting in Florida. The platform is being built to meet the requirements of state regulators from day one, and to feel like software that belongs to the next decade rather than the last one.
