7 years ago

Farewill Secures £7.5 Million to Disrupt the Death Industry

  • Farewill, a UK-based online will writing service, has raised £7.5 million in a Series A funding round led by Augmentum Fintech

  • Other investors include Taavet Hinrikus (Transferwise), Tracy Terrill (ex CTO of LegalZoom), JamJar founders, SAATCHiNVEST, dmg ventures, Kindred Capital, Tiny VC, and Venture Founders

  • The funding will be used to double the workforce by the end of 2019 and enhance customer support

  • Farewill aims to disrupt the traditional death industry by offering simple and accessible online will writing tools, reaching over 30 million people in the UK currently without a will

  • The company has partnerships with insurance providers like Legal & General and Aviva, and has raised £100 million in pledged income for charity partners.

      • ProblemLegal Services

      "Over 30 million people in the UK don't have a will, leaving a huge gap in managing estates and ensuring their wishes are met."

      Solution

      "Farewill offers a simple, quick, and easy-to-use online platform for creating wills, making the process more accessible and convenient."

      Covered on