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FreeWill

FreeWill

Private
New York City, New YorkEnterprise Softwarehttps://www.freewill.com/

Last Round

Series B

Mar 2, 2022

Total Funding Raised

$30M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

FreeWill is a legal tech company that provides free, user-friendly online tools for estate planning and facilitates tax-advantaged charitable donations for individuals and nonprofit organizations.

Sector

Enterprise Software

Verticals

Legal Tech, Wealth Management, Vertical SaaS, Personal Finance

Business Model

B2B2C

Customer Profile

Subscription SaaS

AI Layer

Application

Keywords

estate planningplanned givingwill creationnonprofit fundraisinglegacy givinggrant writingdonor managementtrust creationB2B2Ccharitable givingwill makeronline willgrant managementfundraising softwarelegal techpublic benefit corporation

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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FreeWill Comparables

Compare FreeWill with similar companies based on industry and business-model similarity.

FreeWill comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Giving Docs
87%
LifeLegacy
83%
Trust and Will
78%

FreeWill Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BMar 2, 2022
Series ASep 1, 2020

Key People

Founding team and executive leadership

Jennifer Xia Spradling

Founder Co-CEO

Founding Team

FreeWill Investors

Notable investors and investment history

FreeWill investors
InvestorRounds
ICONIQ GrowthSeries B, Series A
Highland Capital PartnersSeries A, Series B
Pear VCSeries A, Series B
QED InvestorsSeries A, Series B
Bain Capital, LPSeries B
Ulu VenturesSeries A, Series B
Highland Capital PartnersSeries A, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 18, 2026

    Grew from 5 to over 200 employees since 2017.

  • Apr 18, 2026

    Partnered with over 2,400 nonprofits.

FreeWill Filings

Explore SEC and related filing metadata, where available.

FreeWill filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about FreeWill's valuation, stock price, and market status.

Is FreeWill a public or private company?

FreeWill is a private company.

What is the current stock price of FreeWill?

FreeWill is a private company with no public stock price. No recent secondary market data is available.

How much is FreeWill worth (valuation)?

Valuation information for FreeWill is not publicly available.

Can I buy FreeWill stock?

FreeWill shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was FreeWill's last funding round?

FreeWill's most recent funding round was Series B on March 2, 2022.

Who are the main investors in FreeWill?

Key investors in FreeWill include ICONIQ Growth, Bain Capital, LP.

Will FreeWill IPO soon?

No public IPO plans have been announced for FreeWill.

How can I track FreeWill secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor FreeWill's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range195
Year Founded2017
Last FundingMar 2, 2022

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