GoodTrust

Palo Alto, United States Founded: 2020 • Age: 6 yrs
Cloud based platform offering will management solution

About GoodTrust

GoodTrust is a Professional & Legal Services company based in Palo Alto (United States) founded in 2020 by Markus Thorstvedt and Rikard Steiber. It operates as a cloud based platform offering will management solution. GoodTrust has raised $8.15 million across 3 funding rounds from investors including Khosla Ventures, Azure Capital Partners and Moxxie Ventures. Its chief executive is Rikard Steiber. Its website mygoodtrust.com draws about 81 thousand monthly visits. GoodTrust offers products and services including Will, Trust, Digital Vault, and Directives Suite. Its focus areas include Enterprise Applications, Legal Tech, Legacy Planning and Will Planning. Its legal entity is GoodTrust, Inc. Its competitors include Farewill, FreeWill, Safewill, Willful and Alix and 3 more; 7 of its 8 listed competitors have raised funding.

Company details

Cloud based platform offering digital storage vault. Provides solutions such as website creation, social media integrations, key document storage management, will creation management, funeral certificates creation, medical directories management, etc.

  • Headquarters Palo Alto, United States
  • Founders Markus Thorstvedt, Rikard Steiber
  • Sectors
    Professional & Legal Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website mygoodtrust.com
  • Social LinkedIn X Facebook
  • Legal Name Goodtrust, Inc
Key Metrics
  • Total Equity Funding
    $8.15M (USD)

    in 3 rounds

  • Latest Funding Round
    $854.96K (USD), Seed

    Apr 2022

  • Investors

Products & Services of GoodTrust

GoodTrust offers a comprehensive portfolio of products and services, including Will, Trust, Digital Vault, and Directives Suite.

Will
Estate Planning Tool

Enables creation of last will and testament for asset protection.

Trust
Estate Planning Tool

Facilitates revocable living trust to avoid probate court.

Digital Vault
Storage Solution

Securely organizes digital assets and documents for legacy.

Directives Suite
Legal Document Tool

Includes power of attorney and health care directives for planning.

Funding Insights of GoodTrust

GoodTrust has successfully raised a total of $8.15M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $854.96 thousand completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $8.15M
  • Total Rounds 3
  • Last Round Seed β€” $854,955
  • First Round $2.3M

    (Jan 2021)

  • Investors Count 18

All 3 funding rounds of GoodTrust with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Apr 2022$854,955Seed––
–
Dec 2021$5MSeed–Moxxie Ventures, Khosla Ventures
Jan 2021$2.3MSeed–Bling Capital, Synetro Group
Valuation history

18 investors in total: 10 institutional and 8 angel.

Investors in GoodTrust

GoodTrust has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Khosla Ventures, Azure Capital Partners and Moxxie Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments in tech startups are provided by Moxxie Ventures.
–moxxie.vcSan Francisco, United States
Early-stage startups are funded by this venture capital firm.
2004khoslaventures.comMenlo Park, United States
Financial and social capital is invested in visionary ventures.
–concreterosecapital.comSan Francisco, United States
Seed funding and product council are provided for early-stage companies.
–blingcap.comSan Francisco, United States
Early-stage US tech companies are invested in by Synetro Group.
–synetro.comChicago, United States
Early-stage investments are targeted by Azure Capital Partners.
2000azurecap.comSan Francisco, United States
Venture capital investing and portfolio management services for accredited investors.
–av.vc-
Venture capital investing with a focus on diversity and inclusion in the ecosystem.
–gaingels.com-
Lane VC is focused on investing in mobility technology innovators.
–lanevc.comManhattan, United States
Delivers comprehensive e-commerce support services to enhance business operations.
2020primerholdings.com-
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Investor details for GoodTrust

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of GoodTrust

17 people are tracked at GoodTrust (4 in leadership, 2 in board & advisors, 11 in team).

NameRoleGroup
Markus Thorstvedt
Co-Founder & CTOLeadership
Rikard Steiber
Co-Founder & CEOLeadership
Robyn Sechler
VP, MarketingLeadership
Jenn Haley
Senior Advisor To The CEOLeadership
Jennifer Haley
Senior AdvisorBoard & advisors
Michael Almeraris
Senior AdvisorBoard & advisors
Oguz Kazkayasi
Frontend DeveloperTeam
Anna Drevikovska
Backend DeveloperTeam
Tadeas Podzemsky
Product DesignerTeam
Andy Lopez
AdvisorTeam
Matej Smid
Frontend DeveloperTeam
Scott Levitan
Senior AdvisorTeam
Iman M'Fah-Traoré
Content LeadTeam
David Kubac
Product & Project ManagerTeam
Hanna Prazhenik
Quality AssuranceTeam
Viktor Peterson
Business DevelopmentTeam
Mike A.
AdvisorTeam
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Timeline of GoodTrust

3 dated milestones of GoodTrust across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded GoodTrust is founded.
  2. Funding First funding round of $2.3M.
  3. Funding Latest funding round, Seed, of $855K.

Competitors of GoodTrust

GoodTrust has 8 listed competitors in our database, 7 of them funded. They include Farewill, FreeWill, Safewill, Willful and Alix, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
farewill.com2015London, United Kingdom$36.81M100
Online platform for wills management and end-of-life planning is operated.
freewill.com1998New York, United States$30M–
Online legal will management solutions are provided for non-profits.
safewill.com2011Sydney, Australia$17.71M–
Cloud based will creation platform
willful.co2017Toronto, Canada$1.71M27
Cloud-based platform for will-making solutions is operated.
meetalix.com2022New York, United States$25.5M–
Estate planning is streamlined via AI-powered platform and services.
yellow.org2021Mahe, Seychelles$10M–
Hybrid Layer-3 non-custodial digital exchange is facilitated through blockchain technology.
legalkarma.io2020Austin, United States$6.83M4
Estate planning services are provided to businesses through financial institutions.
getcova.com2019Ikeja, Nigeria––
Assets are tracked and inheritance planning is provided for individuals.
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Detailed competitors of GoodTrust

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Web traffic of GoodTrust

The website of GoodTrust (mygoodtrust.com) receives about 81.1K visits a month.

  • Monthly visits
    81.1K

    ▲ 13.2% vs previous month

Similar websites

Websites whose visitors overlap most with GoodTrust. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
simscampbell.law
simscampbell.law
100%
–#3,783,614–
sontiq.com
96%
10.8K#1,415,015View details
nfumutual.co.uk
90%
115.1K#302,546View details
amfam.com
90%
2.6M#20,331View details
sahilbloom.com
90%
–#198,406View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for GoodTrust

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  • Audience overlap
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Top companies in Legal Tech

10 companies that operate in the same segment as GoodTrust (Legal Tech), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud and AI-based electronic signatures and contract management are provided.
2003San Francisco, California, United StatesUSD 520 MUSD 3.22 B6,840
Legal practice management software is provided for law firm operations.
2007Burnaby, British Columbia, CanadaUSD 1.79 B–2,371
AI-powered software for contract drafting and management is provided.
2017IndiaUSD 112.95 MUSD 2.43 M162
Contract lifecycle management software is developed using AI-powered intelligence.
2016San Carlos, California, United StatesUSD 154.69 M––
AI-powered ediscovery platform streamlines investigations and workflows.
2012Houston, Texas, United StatesUSD 194.03 MUSD 156.85 M561
AI-powered software for legal contract management is utilized.
2012Lehi, Utah, United StatesUSD 170.95 M–1,164
Cloud-based legal management and data services are provided for businesses.
2008Toronto, Ontario, Canada–USD 7.63 B26,400
AI-driven legal research platform for attorneys is operated.
2013San Francisco, California, United StatesUSD 67.83 M––
Online legal services are offered to businesses and families.
2008San Francisco, California, United StatesUSD 288.44 M–482
SaaS-driven property management software for owners and residential property managers
2006Santa Barbara, California, United StatesUSD 30 MUSD 950.82 M1,630
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Related news about Goodtrust

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Frequently Asked Questions about GoodTrust

GoodTrust was founded in 2020 and raised its 1st funding round 1 year after it was founded.

GoodTrust is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Rikard Steiber is the current CEO of GoodTrust. They have also founded this company.

GoodTrust is a funded company, having raised a total of $8.15M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.3M, raised on Jan 2021.

Cloud based platform offering digital storage vault. Provides solutions such as website creation, social media integrations, key document storage management, will creation management, funeral certificates creation, medical directories management, etc.

GoodTrust's top competitors include Farewill, FreeWill and Safewill.

GoodTrust offers Will, Trust, Digital Vault, and Directives Suite.

GoodTrust has 18 investors. Key investors include Khosla Ventures, Azure Capital Partners, Moxxie Ventures, Westbound, and Bling Capital.

GoodTrust operates through Goodtrust, Inc.

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