What is Farewill?
Farewill provides a streamlined approach to essential end-of-life planning, offering services for legal wills, probate, and cremation arrangements. The company enables individuals to create a legally binding will in as little as 15 minutes, simplifying a traditionally complex process. Its commitment to accessibility and efficiency has earned it recognition at prestigious events like the Good Funeral Awards and the British Wills & Probate Awards. With strong customer satisfaction ratings on TrustPilot and a notable contribution to charitable causes, having facilitated over $1.25 billion in pledges, Farewill is redefining the landscape of funeral and estate planning services.
How much funding has Farewill raised?
Farewill has raised a total of $62.3M across 4 funding rounds:
Other Financing Round
$5.3M
Multiple Rounds
$57.1M
Other Financing Round (2019): $5.3M, investors not publicly disclosed
Unspecified (2020): $25.2M led by Rich Pierson, Kindred Capital, Taavet Hinrikus, Broadhaven Ventures, Highland Europe, Keen Ventures, Venture Founders, and Augmentum Fintech
Other Financing Round (2020): $14.1M, investors not publicly disclosed
Other Financing Round (2020): $17.8M, investors not publicly disclosed
Key Investors in Farewill
Kindred Capital
Kindred Capital is a venture capital firm that invests in early-stage technology companies, focusing on building strong partnerships with founders to drive growth and innovation.
Highland Europe
Highland Europe is a growth capital firm that supports ambitious, product-led companies across Europe and Israel, providing strategic investment and operational expertise to scale their businesses.
Augmentum Fintech
Augmentum Fintech is a publicly listed investment company focused on providing patient capital to fast-growing fintech businesses in the UK and Europe, aiming to disrupt the financial services sector.
What's next for Farewill?
The recent major strategic investment into Farewill indicates a strong confidence from backers in the company's business model and future potential. This capital infusion is likely to fuel further development of its digital platform, expansion into new service areas, and enhancement of its customer support infrastructure. As Farewill continues to innovate in the traditionally conservative end-of-life services market, this strategic backing will be crucial for scaling operations, increasing market penetration, and solidifying its position as a leader in accessible and compassionate estate planning and funeral arrangements.
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