Bestow
About
Bestow is an insurance technology company offering term life insurance that is accessible and affordable to families.
- Dallas,Texas,United States
- 101 - 250
- https://www.bestow.com
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $70M
- Industries
- Developer APIs,FinTech,Insurance,InsurTech,Life Insurance
- Founded date
- Jan 1, 2016
- Number Of Employee
- 101 - 250
- Operating Status
- Active
- Legal Name
- Bestow, Inc.
- Also Known As
- Bestow Life Insurance
Bestow is an insurance technology company offering a platform that makes life insurance accessible to families.It builds products and technologies that expand the market and reimagines life insurance distribution. Bestow's proprietary, entirely digital life insurance platform will help propel growth into new insurtech, carrier, and partner channels. The approach that the company uses enables busy families to seek and purchase affordable policy rights from their mobile devices in a matter of minutes. In addition to its direct-to-consumer arm, Bestow provides APIs that enable partners to offer life insurance coverage to their customers with ease.Jonathan Abelmann and Melbourne O'Banion headquartered the startup in Dallas, Texas in 2016.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 16, 2020 | Series C | $70M | 6 | — | — | Detail |
| Apr 24, 2020 | Series B | $50M | 5 |
Valar Ventures
|
— | Detail |
| May 21, 2018 | Series A | $15M | 6 |
Valar Ventures
|
— | Detail |
| Aug 29, 2017 | Seed | $2.50M | 5 |
New Enterprise Associates
|
— | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Breyer Capital
|
— | Series C |
|
|
— | Series C |
Morpheus Ventures
|
— | Series C |
|
New Enterprise Associates
|
— | Series C |
Sammons Financial Group Inc
|
— | Series C |
|
Valar Ventures
|
— | Series C |
8VC
|
— | Series A |
Abstract Ventures
|
— | Series A |
Employee Profiles
Acquisition
Bestow has acquired 1 organizations. Their most recent acquisition was Centurion Life Insurance on Dec 1, 2020. They acquired Centurion Life Insurance for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Dec 1, 2020
|
Insurance | acquisition | — | Detail |
