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Bestow Announces $70 Million in Series C Funding

Dec 16, 2020•over 4 years ago

Amount Raised

$70 Million

Round Type

series c

Dallas

Description

 Bestow, the first full-stack life insurance company, announced today a $70 million Series C funding round to help expand access to life insurance. With $145 million in total funding secured to date, Bestow will launch innovative products, scale platform services, and accelerate growth into new distribution channels and partnerships. This funding round came from new and existing investors, including Breyer Capital, Valar Ventures, New Enterprise Associates, Core Innovation Ventures, Morpheus Ventures and Sammons Financial.

Company Information

Company

Bestow

Location

Dallas, Georgia, United States

About

Bestow® is the first entirely digital life insurance platform, using technology to make coverage accessible to millions. With Bestow, buying term life insurance is 100% online — No doctors. No needles. Just coverage. Bestow's innovative approach means that today's busy families can now seek affordable coverage in minutes instead of months. To learn more or to offer Bestow to your customers, visit Bestow.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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