Prismm, A Digital Inheritance Vault, Awarded $1M In Federal Funding As Baby Boomers Are Projected To Transfer An Estimated $84T To Heirs In Coming Years - AfroTech
Summary
Prismm secured $1 million in federal funding plus an additional $125,000 grant to expand its digital inheritance vault and banking partnerships. The platform helps users store critical documents, account details, and beneficiary information in an encrypted vault. Prismm also aims to help financial institutions protect deposits and speed up inheritance access during emergencies. The company will use the new capital to improve AI-powered document intelligence and grow its footprint in Delaware and beyond.
Funding
Amount
$1.0M
Total raised
Date
November 24, 2025
Announcement date
Investors
-
Lead investors
Company
getprismm.com
Funded company
Classifications
industries
Fintech & Banking
applications
Business Intelligence
AskAI Classifications
Labels
No AI classifications detected