Trust & Will raises $15 million
Trust & Will, a startup offering a service to create, edit, store, and share trusts and wills, has raised $15 million from Amex Ventures, Northwestern Mutual Future Ventures, SEI Ventures, and USAA, bringing its total funding to date to $48 million.
Founded in 2017, Trust & Will served over 478k members at the end of January and it is on track to reach 500k this quarter. In late 2020, the startup shared that its service was used by over 160k members.
“We’re in turbulent times as macroeconomic trends continue to impact the tech sector at large, so raising capital in this environment is truly remarkable. We’re proud that this capital gives us plenty of runway over the coming years, and will allow us to achieve profitability with strong cash reserves.” – Trust & Will CEO and co-founder Cody Barbo, via TechCrunch.