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Farewill

Wills, probate, and cremation service

Farewill logo
21-100 employees
  • B2C
  • Personal finance
  • Legal
Haggerston, London, UK

Company mission

To change the way the world deals with death.

Rocket List 2021
Top investors

Few candidates hear
back within 2 weeks

-2% employee growth in 12 months

Our take

In the UK, the majority of wills and probates are made by solicitors or will-writing firms. However, these are often extremely expensive and not affordable for most people.

A growing number of DIY will services have popped up over the last few years, but most have poor user experience and no real support beyond the form itself. Customers are required to read 10-20 pages of legal documents and decide what applies to them. Farewill's technology asks simple questions and generates legal text. Wills are important legal documents, and so each will is still checked by a specialist. Customers to date have raised hundreds of millions of pounds in charity by leaving a gift in their will.

A competitor in the US (Willing) has taken the freemium route, referring customers to funeral services to make money. However, Farewill believes it can provide a better experience if the product is paid for. Farewell is also partnering with UK companies to provide the service as a perk to their employees, a novel distribution method.

Since launching in 2015, the company has also delved into funeral services. By blending smart technology, Farewill prides itself in dealing with all aspects of death and is committed to making this process faster and fairer for people all over the UK.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • £1000 and 3 days a year to spend on your development
  • 28 days holiday and flexible working, dependent on your role
  • Regular team lunches and socials
  • Stock options
  • An unlimited Santander Cycles pass, free fruit and snacks, a beautifully bright office in Haggerston and – most of all – the chance to have a real impact on people’s lives

Funding (last 2 of 5 rounds)

Jul 2020

$25.6m

LATE VC

Jan 2019

$9.6m

SERIES A

Total funding: $36.5m

This company has top investors

Leadership

They studied Global Innovation Design at the Royal College of Art. They also have a Masters degree in Structural Engineering and Global Innovation Design.

Diversity, Equity & Inclusion at Farewill

  • We were delighted to win Best Employer of 2020 at the UK Fintech Awards who cited our commitment to D&I and building inclusive teams.
  • There is always more to do here, but we're proud of what we've achieved so far - 72% of our team identify as women, as well as half of our leadership team. We have in-house training and development programmes and budget for every member of our team, though as ever, building a diverse team starts with how you approach hiring - something we take incredibly seriously at Farewill.

Endorsements

All

Meaningful work (3)

Open and honest communication (3)

Inspiring mission (3)

Career progression (2)

Nice people (1)

Intelligent people (1)

Supportive management (1)

Diversity is a priority (1)

Focus on employee wellbeing (1)

Innovative product (1)

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