A tech firm aiming to modernise the听UK鈥檚 death care industry has secured 拢20m investment.听
London-based Farewill will听expand through the UK听following the funding round led by听Highland Europe.听
Keen Ventures, Rich Pierson of Headspace, Broadhaven Capital Partners and听VentureFounders听also participated in the round, which takes its total funding to 拢30m.
The start-up claims to have听built a platform that helps people write wills in just 15 minutes by guiding them through a series of simple听questions.听听
Family members can then听use听Farewill听for the probate process听or take advantage of its听new cremation services via an instant quote on its website.听听
Rugby legend Gareth Thomas recently spoke about the听extra emotional turmoil caused by traditional funeral processes听after he lost his uncle to COVID-19.听
Founded in 2015 by听Antton听Pe帽a, Dan Garrett and Tom Rogers, the legal tech company claims to be the largest will writer in the UK, responsible for 10 percent of all wills.听听
CEO听Garrett commented: 鈥淭he industry hasn鈥檛 moved on in centuries.听听
鈥淚t鈥檚 gloomy, intimidating and expensive. People who have suffered a loss are often going through one of the toughest experiences of their lives 鈥� and we听have to听make it easier for them.鈥�听
Stan Laurent, partner at Highland Europe, added:听鈥淔or too long, the wills and funeral industry has been largely geared towards profit over purpose.听听
鈥�How about entirely removing the administrative pain for those grieving for their loved ones? How about providing an affordable, effortless and considerate service?听听
鈥�That鈥檚 what the听Farewill听team is doing 鈥� with an extraordinary blend of compassion and tech-fuelled听efficiency.鈥�听