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Announced

Completed

A consortium of investors led a $15m funding in Trust & Will.

Financials

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Transaction Value£12m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Domestic

Acquisition

Single Bidder

Minority

United States

Private

Friendly

online real estate services

Private Equity

Venture Capital

Consumer Services: Other

Completed

Synopsis

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A consortium of investors led a $15m funding in Trust & Will, an online service providing legal forms and information, with participation from Amex Ventures, Northwestern Mutual Future Ventures, SEI Ventures and USAA. “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,” Cody Barbo, Trust & Will CEO and Co-Founder.

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