Where is FreeWill located?

FreeWill is headquartered in New York City, United States. It is registered at New York City (United States).

How many employees does FreeWill have?

As of May 31, 2026, the latest employee count at FreeWill is 267.

Is FreeWill a funded company?

FreeWill is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round.

When was the latest funding round of FreeWill?

FreeWill's latest funding was a $***** Series B round on Mar 02, 2022, with participation from 7 investors.

Where does FreeWill rank among its competitors?

FreeWill ranks 1st amongst 245 active competitors, of which 26 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Legal Karma, which secured $1.81M in Jun, 2025.

Who are the top competitors of FreeWill?

FreeWill's top competitors include Farewill, Willful and Safewill. Among them, Legal Karma secured the most recent funding round in June, 2025.

FreeWill - 2026 Company Profile, Team, Funding & Competitors

Company Details

FreeWill provides online legal will management solutions for non profit organizations. The product offerings include Bequest Tool is an estate planning and legacy giving tool, Qualified Charitable Distributions tool is a tool for donors to give charitably from their IRAs, etc. It allows users to create a will and manage an online legal will maker that helps you compile will forms to print and sign, or to take as a basic will template to an estate planning lawyer. It enables users to get help from legal experts to manage wills.

Website: www.freewill.com/
Social
Email ID: *****@freewill.com
Registered Address: New York City (United States)

Key Metrics

Founded Year

1998

Location

New York City, United States

Stage

Series B

Total Funding

$30M in 2 rounds

Latest Funding Round

Series B, Mar 02, 2022, $*****

Investors

Iconiq Capital & 10 more

Ranked

1^st among 245 active competitors

Employee Count

267 as on May 31, 2026

Investment & Acquisitions

Cocatalyst

Similar Companies

Farewill & 323 more

View FreeWill's full profile

FreeWill is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
FreeWill Co. CIN: - , Belgium, Active	Dec 31, 1997	-	-	-

FreeWill has raised a total funding of $30M over 2 rounds. Its latest funding round was a Series B round on Mar 02, 2022 for $*****. 7 investors participated in its latest round. FreeWill has 11 institutional investors.

Here is the list of recent funding rounds of FreeWill:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 02, 2022	8219186	Series B	3899198	8485303	6944379	1345291

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View details of FreeWill's funding rounds and investors

The founders of FreeWill is Patrick Schmitt.

Here are the details of FreeWill's key team members:

Patrick Schmitt: Founder & Co-CEO of FreeWill.
Contact Info: 1 email address

View details of FreeWill's Founder profiles and Board Members

FreeWill's employee count trend

FreeWill has 267 employees as of May 26. Here is FreeWill's employee count trend over the years:

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Top competitors of FreeWill include Farewill, Willful and Safewill. Here is the list of Top 10 competitors of FreeWill, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FreeWill 1998, New York City (United States), Series B	Legal will management solutions for non profits organizations	$30M	QED Investors, Dorm Room Fund & 9 others	57/100
2nd	Farewill 2015, London (United Kingdom), Acquired	Provider of online legal forms for wills and probate services	$36.8M	Highland Europe, Augmentum Fintech & 35 others	52/100
3rd	Willful 2017, Toronto (Canada), Seed	Cloud based platform offering will making solutions	$1.71M	Tactico, Conconi Growth Partners & 7 others	51/100
4th	Safewill 2011, Sydney (Australia), Series B	Provider of online will preparation, power of attorney, and estate planning	$17.7M	Reinventure Group, King River & 9 others	48/100
5th	Goodwill 2019, Singapore (Singapore), Acquired	Platform offering will planning solution	$250K	Entrepreneurs First	46/100
6th	GoodTrust 2020, Palo Alto (United States), Seed	Cloud based platform offering will management solution	$8.15M	Bling Capital, Azure Capital Partners & 16 others	44/100
7th	CrowdJustice 2014, London (United Kingdom), Acquired	Crowdfunding platform for legal cases	$3.5M	First Round Capital, Samaipata & 3 others	44/100
8th	WealthCounsel 1997, Salt Lake City (United States), Unfunded	Provider of cloud-based legal document software and CLE training for attorneys	-	-	42/100
9th	Octopus Legacy 2016, London (United Kingdom), Unfunded	Octopus Legacy - Helping people plan for and through death	-	-	39/100
10th	Legal Karma 2020, Austin (United States), Series A	Will planning solutions for businesses	$6.83M	Everywhere, TheVentureCity & 3 others	38/100