Skarlett offers a web platform that modernizes equity-release solutions (reverse mortgages, forward sales, bare ownership) to help people aged 60+ access capital while remaining in their homes. Its platform gives sellers an instant estimate of the capital they can secure and relies on institutional investors to depersonalize the process. Eligible individuals can get direct access to up to 60% of their property’s value after a streamlined process that takes up to three months. The company intends to expand beyond real estate into a comprehensive range of services including insurance, financial support, and travel. Skarlett is pursuing sustained, rapid growth driven initially by its web platform and aims to recruit 60 employees by the end of 2024. The startup positions itself as a trusted partner for the 60+ generation and seeks to restore purchasing power for retirees.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2023