FreeWill
New York, US · Delaware corporation · 280 employees on LinkedIn · 7 known investors
FreeWill provides a free online platform for creating legally valid estate plans and charitable giving tools. The service enables users to document their wishes and commit gifts to nonprofit organizations.
Founders & leadership
J
Jenny
PW

Patrick William SchmittCo-founder
JX
Jennifer Xia SpradlingCo-founder
AB
Andrew B NickExecutive
Investors · 7
Reported raises · per SEC filings
Form D private placements$30M disclosed across 1 round · 2022
▶$30MraisedMar 2022 · 6 investors · OtherRule 506(b)
▶$30MraisedMar 2022 · 6 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Andrew B NickExecutive Officer
- Patrick William SchmittExecutive Officer, Director
- Jennifer Xia SpradlingExecutive Officer, Director
- Offering amount
- $30M
- Amount sold
- $30M
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 7
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Rocket Lawyer2917 shared keywordsRocket Lawyer offers online legal services combining AI-assisted document creation and review with access to attorneys for consultations and personalized advice. It provides membership plans covering legal document preparation, e-signatures, legal reminders, and attorney support for individuals and businesses.
Interactive Strength Acquires Ergatta2908 shared keywordsFidelity provides brokerage and investing services for individual retail investors, including commission-free online trading of US stocks and ETFs and fractional share purchases starting at $1. It positions itself as a personal finance and investment provider serving customers pursuing long-term financial goals.
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In the news
Frequently asked questions
- What does FreeWill do?
- FreeWill provides a free online platform for creating legally valid estate plans and charitable giving tools. The service enables users to document their wishes and commit gifts to nonprofit organizations.
- Who founded FreeWill?
- FreeWill was founded by Jenny, Patrick William Schmitt, Jennifer Xia Spradling.
- Who are FreeWill's investors?
- FreeWill's investors include Dorm Room, ICONIQ, QED Investors, Ulu Ventures, Vista Venture Partners, HearstLab, ICONIQ Growth.
- How much funding has FreeWill raised?
- FreeWill has disclosed $30M raised across 1 round.
- Where is FreeWill headquartered?
- FreeWill is headquartered in New York, US.






