About Safewill
Safewill is a platform that helps people to digitally create and manage their wills and estate planning documents online.
Safewill’s user-friendly platform allows consumers to start, complete and continuously update their wills without the need for legal expertise.
I’m really glad we found Fundabl to provide bridge financing for our startup. They quickly provided us with certainty that we had access to the capital we required, which saved us lots of time and stress and allowed us to focus back on running the business. Would highly recommend!
Adam Lubofsky (CEO)
Client Need
Limited Cash Runway to Operate the Business While a Capital Raise was in Progress
Safewill was undertaking a capital raise and had limited cash runway at the time. Given that capital raises are complex processes that often have many variables and uncertain timeframes, they needed access to short-term capital to provide them with breathing room to negotiate with their investors and close the round without disrupting their business.
How Fundabl Helped
Bridge Funding to Close the Capital Raise
Safewill utilised Fundabl’s fast, short-term funding solution to ensure that they had no additional stress and uncertainty during the capital raise.
Fundabl was able to provide bridge funding in less than 24hrs with a facility that they could use as a buffer to manage any cash bottlenecks if the raise took longer than expected.
Safewill completed their capital raise and continued their growth journey with minimal management distractions, no equity dilution and the certainty that their business would be unaffected during this process.
