Octowill
Latest round
- Seed
Last raised
- Nov 2020
Total raised
- $0.5M
Investors
- 1
About Octowill
Based in Malaysia, Octowill Sdn. Bhd. specializes in digital inheritance solutions, providing secure asset transfer services supported by blockchain technology.Founded in 2017 in Kuala Lumpur, Malaysia, Octowill Sdn. Bhd. focuses on digital inheritance services.50 mn from LuneX Ventures. The founding team includes Octowill Inheritance and Sasidharan T.Octowill offers a comprehensive suite of digital inheritance services designed to facilitate the secure transferring of both traditional and digital assets through blockchain technology. The core offerings include online will writing, digital e-nomination of beneficiaries, and secure repository services for safeguarding personal information and asset details. With solutions such as the Octowill Proof of Life Engine and automated triggers, the platform ensures that asset delivery is timely and verified, thus addressing concerns surrounding illegal claims to estates. The target clientele comprises individuals seeking to organize their inheritance plans, spanning diverse geographical markets including Southeast Asia, the Middle East, and select regions in Europe.Revenue generation at Octowill is primarily driven by subscription-based models and direct-to-consumer transactions related to their digital inheritance services.70 and an EBITDA of USD -105,514, indicating the financial dynamics while they expand their market reach.Looking ahead, Octowill plans to enhance their product offerings with upcoming features aimed at improving user experience. The company is strategically targeting expansions into new markets including additional regions in Southeast Asia and the Middle East by the end of 2024.
Who invested in Octowill
1 investor across 1 round
See all investors in Octowill
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Nov 1, 2020
Amount
$0.5M
Investors
Questions about Octowill
Who invested in Octowill?
Octowill has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Octowill raised?
Octowill has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Octowill last raise money?
Octowill's most recent round on record is a Seed, in Nov 2020.
What does Octowill do?
Based in Malaysia, Octowill Sdn.
Where is Octowill headquartered?
Octowill is headquartered in Kuala Lumpur, Malaysia.
Which VCs invest in companies like Octowill?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at Octowill's stage. Their profiles are linked below.
VCs backing software startups at Seed
Raising like Octowill? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.