Comparatively little is known of Newcomen's later life. After 1715 the engine affairs were conducted through an unincorporated company, the 'Proprietors of the Invention for Raising Water by Fire'. Its secretary and treasurer was John Meres, clerk to the Society of Apothecaries in London. That society formed a company which had a monopoly on supplying medicines to the Navy providing a close link with Savery, whose will he witnessed. The Committee of the Proprietors also included Edward Wallin, a Baptist of Swedish descent; and pastor of a church at Maze Pond, Southwark. Newcomen died at Wallin's house in 1729, and was buried at Bunhill Fields burial ground on the outskirts of the City of London: the exact site of his grave is unknown.