Safewill raised AUD 17M in a Series B funding round co-led by Reinventure and King River Capital to expand its digital estate planning platform across Australia.
Nov 25, 2024•8 months ago
Amount Raised
$17 Million
Round Type
series b
Investors
Chris Cuffe AoGeoff LloydIlan IsraelstamAlex VynokurLarry DiamondFlying Fox VenturesCarthona CapitalKing River CapitalReinventure
Description
Safewill has secured AUD $17 million in Series B funding to expand its digital estate planning platform. The funding will be used to broaden its services beyond just digital wills, moving towards estate administration, aiming to create digital products to support families during challenging times.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech