Bequest
Bequest operates Fido Estates, an AI-assisted SaaS platform for estate, trust, and power of attorney administration serving California-based lawyers, paralegals, accountants, and professional executors on a per-file pricing model.
- Company typePrivate
- Founded2021
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Bequest does
Bequest operates as a financial technology and professional software company under the legal entity Bequest Finance Inc., headquartered in Denver, Colorado. Its primary active product is Fido Estates, an end-to-end SaaS platform for estate, trust, and power of attorney administration targeted at California-based lawyers, paralegals, law clerks, accountants, and professional executors. The platform combines three modules: an Intelligent Intake system that collects client data through customizable forms and auto-fills file data; a Document Automation module that generates court forms and precedent letters with e-signature and e-filing capability; and a California Fiduciary Accounting module that auto-populates transactions from uploaded statements and produces court-formatted reports. Bequest also historically launched a no-medical-check life insurance product in May 2021 aimed at millennial consumers, which reportedly attracted over 600 customers within three months.
The platform is built around AI-assisted process automation rather than proprietary AI research, and the company holds SOC 2 Type 2 certification with AES-256 encryption and external security audits, supporting sales into regulated professional services buyers. The product is available only in California, suggesting a state-by-state compliance-driven rollout strategy.
Bequest generates revenue through a per-file pricing model with no contracts or per-seat fees: $99.99 per probate petition, $149.99 per estate accounting file, and $179.99 every three years for power of attorney accounting. Distribution combines a self-serve platform for mid-market firms with direct sales and demo-driven engagement for enterprise professional services organizations. The company has raised approximately £1.7 million in seed funding led by Kuvi Capital in May 2021 and a $2.2 million round in June 2021 with Clocktower Technology Ventures and Form Ventures.
Bequest firmographics
Firmographics- Name
- Bequest
- Legal name
- Bequest Finance Inc.
- Website
- https://bequest.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bequest operates Fido Estates, an AI-assisted SaaS platform for estate, trust, and power of attorney administration serving California-based lawyers, paralegals, accountants, and professional executors on a per-file pricing model.
- Ownership category
- akta.pro rank
Bequest industry classification
Industry- Product category
- Estate Administration Software
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Estate & Probate Administration Services (FSAEAKAD)
- akta.pro secondary industries
- Personal Trust & Fiduciary Administration (FSAEAKAA), Family Office Trust & Fiduciary Services (FSAEAKAF), Estate Planning & Trust Structuring Advisory (FSAEAKAC), Trust Administration & Fiduciary Accounting Services (FSAAANAF)
Keywords
Where Bequest is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Bequest business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Fido Estates Platform - Per-File Subscription: Per-file pricing model for estate, trust, and power of attorney administration. No contracts, no hidden fees, no per-seat charges. Customers pay per file processed.
- Life Insurance Premiums: Life insurance product for millennial consumers with no medical checks required.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Petition for Probate - $99.99 per file |
| Unit Pricing | Pay-as-you-go | Estate Accounting - $149.99 per file |
| Subscription | Multi-year contract | Trust/POA Accounting - $179.99 per 3 years |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Bequest product offering
Product offeringCore offering
Bequest, operating under the trade name Fido Estates, provides an AI-powered fiduciary administration SaaS platform that helps legal and accounting professionals automate California fiduciary accounting, generate court-ready estate documents, and manage probate workflows. The platform features intelligent intake, document automation/autofill, and per-file pricing with no long-term contracts. The company also launched a no-medical-exam life insurance product in 2021 targeted at millennials to make coverage more accessible.
Product overview
Bequest Finance Inc. offers Fido Estates as a single unified platform for fiduciary administration. The platform combines three core modules: Intelligent Intake for client data collection and form autofill, Document Automation for court forms and precedent letters with e-signature capabilities, and Fiduciary Accounting for generating court-formatted reports with automated transaction processing. The platform operates on a per-file pricing model with no contracts or hidden fees.
Differentiator
Problem solved
Functional benefit
Brands
- Fido Estates: End-to-end fiduciary administration software for trust, estate, and power of attorney professionals.
Products and services
- Fido Estates AI-powered fiduciary administration SaaS platform that automates California fiduciary accounting, generates court-ready documents, and streamlines probate workflows for legal professionals, paralegals, accountants, and professional executors handling estate and trust administration.
- Bequest Life Insurance No-medical-exam life insurance product designed for millennial consumers seeking accessible, simplified coverage without traditional underwriting hurdles.
Quantifiable outcome
- 600+ customers acquired within 3 months of launch
- +1 more outcomes
Companies that use Bequest
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Bequest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Bequest partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Bequest competitors and assessment
Company assessmentDirect peers
- Trust & Will: Online estate planning platform offering wills, trusts, and estate administration tools to consumers and professionals. Directly comparable to Bequest/Fido Estates in the estate administration workflow, though more consumer-direct than Bequest's professional-only Fido Estates.
- Wealth.com: Estate planning and wealth management platform for financial advisors and attorneys, providing AI-driven document automation and intake. Closest direct competitor to Fido Estates given shared professional user base and automation-led value proposition.
- Vanilla: Estate planning software for estate attorneys, offering trust, will, and estate administration document automation. Direct competitor in the attorney-facing estate admin workflow segment.
- Snug: Online estate planning service offering wills, trusts, and probate support with a marketplace of attorneys. Comparable to Bequest's life insurance + estate planning funnel concept, though more consumer-facing.
- Ethos Life: Insurtech offering simplified, no-medical-exam life insurance directly to consumers. Closest peer to Bequest's millennial-targeted life insurance product on the underwriting simplicity axis.
- Ladder: Digital life insurance provider focused on instant-issue term life with no medical exams in many cases. Comparable to Bequest's direct-to-consumer, no-medical-check life insurance positioning.
- Bestow: Tech-enabled life insurance agency offering fully digital, no-medical-exam term life policies. Directly comparable D2C life insurance distribution model to Bequest's consumer product.
Broad incumbents
- Clio: Leading cloud-based legal practice management platform with broad document automation and client intake capabilities. Represents the incumbent legaltech suite that could absorb estate administration workflows as a feature.
Emerging players
- FreeWill: Online will-creation platform with a strong nonprofit and consumer focus that funnels users into estate planning. Adjacent to Bequest's estate workflow though more consumer-direct and free-tier.
- Cake (Foundation Software): End-of-life planning platform (acquired by Foundation Software) offering wills, probate, and estate planning resources. Comparable consumer-direct estate planning funnel adjacent to Bequest's life insurance + estate strategy.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Bequest social profiles
Digital presenceBequest compliance and trust
Trust signalCompliance1 record
Bequest financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bequest leadership team
Management profileNumber of profiles
Profiles3 records
Bequest funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bequest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bequest
What does Bequest do?
Bequest, operating under the trade name Fido Estates, provides an AI-powered fiduciary administration SaaS platform that helps legal and accounting professionals automate California fiduciary accounting, generate court-ready estate documents, and manage probate workflows. The platform features intelligent intake, document automation/autofill, and per-file pricing with no long-term contracts. The company also launched a no-medical-exam life insurance product in 2021 targeted at millennials to make coverage more accessible.
Is Bequest a public or private company?
Bequest is a private company. It is classified as venture growth investor backed and is currently operating.
When was Bequest founded?
Bequest was founded in 2021. It employs 11 to 50 people.
Where is Bequest based?
Bequest is headquartered in London, United Kingdom, in the Europe region.
How does Bequest make money?
Two revenue lines are on record. Fido Estates Platform - Per-File Subscription is the primary driver. The others are life Insurance Premiums.
Who are Bequest's main competitors?
Direct peers on record are Trust & Will, Wealth.com, Vanilla, Snug, Ethos Life, Ladder and Bestow. Clio is listed as a broad incumbent. Emerging players are FreeWill and Cake (Foundation Software).
Does Bequest have an API?
No public API is recorded for Bequest.
What industry is Bequest in?
Bequest's product category is Estate Administration Software. Its primary akta.pro industry code is FSAEAKAD, Estate & Probate Administration Services, with a secondary code of FSAEAKAA, Personal Trust & Fiduciary Administration. Its NAICS code is 523991 and its SIC code is 6411.