About True Wills
True Wills is a company based in Milton Keynes (United Kingdom) founded in 2020 by Shabeer Sheffa and Mohamed Suleman was acquired by Wahed in February 2023.. The company has 3 employees as of June 30, 2022. True Wills offers products and services including Online Islamic Will Service and Telephone Will Service. True Wills operates in a competitive market with competitors including Funeral Services Partnership, Settld, Guardian Angel, Laurel Funerals and Avalon Funeral Plans, among others.
- Headquarter Milton Keynes, United Kingdom
- Employees 3 as on 30 Jun, 2022
- Founders Shabeer Sheffa, Mohamed Suleman
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Sectors
Media & EntertainmentBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name True Wills Ltd
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Products & Services of True Wills
True Wills offers a comprehensive portfolio of products and services, including Online Islamic Will Service and Telephone Will Service. 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.
Digital tool for creating and managing Islamic wills per Shariah rules.
Phone-based assistance for tailoring and completing Islamic wills.
Funding Insights of True Wills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in True Wills
True Wills has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wahed. 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 |
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Shariah-compliant investments and savings are offered to individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by True Wills
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - True Wills
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
True Wills Comparisons
Competitors of True Wills
True Wills 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 Funeral Services Partnership, Settld, Guardian Angel, Laurel Funerals and Avalon Funeral Plans, 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 |
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| domain | founded_year | HQ Location |
Funeral services provider
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Automated death settlement management is facilitated via an online platform.
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| domain | founded_year | HQ Location |
Funeral services are planned and booked via an online platform.
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| domain | founded_year | HQ Location |
Funeral homes and services are compared via an online marketplace.
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| domain | founded_year | HQ Location |
Pre-paid funeral plans are provided across the UK and Europe.
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| domain | founded_year | HQ Location |
Online platform for funeral planning and family support provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about True Wills
When was True Wills founded?
True Wills was founded in 2020.
Where is True Wills located?
True Wills is headquartered in Milton Keynes, United Kingdom.
Who is the current CEO of True Wills?
Mohamed Suleman is the current CEO of True Wills. They have also founded this company.
How many employees does True Wills have?
As of Jun 30, 2022, the latest employee count at True Wills is 3.
What does True Wills do?
True Wills was founded in 2020 and is based in Milton Keynes, United Kingdom. Operations focus on the legal and estate planning sector, where online services for creating Islamic wills compliant with English and Islamic law are provided. These include in-house solicitor reviews, unlimited modifications within the first year, and telephone-based options for personalized assistance. Educational resources on Islamic inheritance laws are also made available.
Who are the top competitors of True Wills?
True Wills's top competitors include Funeral Services Partnership, Settld and Guardian Angel.
What products or services does True Wills offer?
True Wills offers Online Islamic Will Service and Telephone Will Service.
Who are True Wills's investors?
True Wills has 1 investor. Key investors include Wahed.
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