About Safewill
Safewill is a company based in Sydney (Australia) founded in 2011.. Safewill has raised $17.71 million across 3 funding rounds from investors including Westpac, Reinventure Group and King River. Safewill offers products and services including Will Writing Service, Power of Attorney Assignment, and Estate Administration. Safewill operates in a competitive market with competitors including Qwill, VideoWill, Arken, Vaultd and Online Will Kit, among others.
- Headquarter Sydney, Australia
-
Sectors
Professional & Legal Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Safe Will Pty Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$17.71 M (USD)
in 3 rounds
-
Latest Funding Round
$11.05 M (USD), Series B
Nov 25, 2024
-
Investors
Westpac
& 9 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Safewill
Safewill offers a comprehensive portfolio of products and services, including Will Writing Service, Power of Attorney Assignment, and Estate Administration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online tool for creating and reviewing legal wills.
Service to appoint decision makers for financial and medical affairs.
Assistance with probate and estate management processes.
Unlock access to complete
Unlock access to complete
Funding Insights of Safewill
Safewill has successfully raised a total of $17.71M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $11.05 million completed in November 2024. 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 Total Funding
- Total Rounds 3
- Last Round Series B — $11.0M
-
First Round
First Round
(22 Oct 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series B - Safewill | Valuation | Reinventure Group , King River | |
| May, 2023 | Amount | Series A - Safewill | Valuation | Carthona Capital | |
| Oct, 2021 | Amount | Series A - Safewill | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Safewill
Safewill has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Westpac, Reinventure Group and King River. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage Australian tech companies are invested in by Reinventure Group.
|
Founded Year | Domain | Location | |
|
Venture capital firm investing in high growth software companies
|
Founded Year | Domain | Location | |
|
US and Australian tech and life sciences are invested in.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Safewill
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Safewill
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Safewill Comparisons
Competitors of Safewill
Safewill operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qwill, VideoWill, Arken, Vaultd and Online Will Kit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for legal will and estate planning is provided.
|
|
| domain | founded_year | HQ Location |
Offers an application-based solution for will management.
|
|
| domain | founded_year | HQ Location |
Delivers specialized software for will writing aimed at professionals.
|
|
| domain | founded_year | HQ Location |
Provides an online platform for managing and creating wills securely.
|
|
| domain | founded_year | HQ Location |
Provides an online platform for enterprises to plan, create, and manage wills efficiently.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Safewill
Frequently Asked Questions about Safewill
When was Safewill founded?
Safewill was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is Safewill located?
Safewill is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Is Safewill a funded company?
Safewill is a funded company, having raised a total of $17.71M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Oct 22, 2021.
What does Safewill do?
Safewill was established in 2011 in Sydney, Australia, within the legal technology sector. A cloud-based system is operated to facilitate will creation through guided, step-by-step processes. Users are enabled to submit drafts for review by legal advisers. Secure online storage is offered for documents, supporting estate planning needs in a digital format.
Who are the top competitors of Safewill?
What products or services does Safewill offer?
Safewill offers Will Writing Service, Power of Attorney Assignment, and Estate Administration.
Who are Safewill's investors?
Safewill has 10 investors. Key investors include Westpac, Reinventure Group, King River, Carthona Capital, and Flying Fox Ventures.