Monday, May 21, 2018

Bestow Finds $15M For Life Insurance Underwriting

Dallas-based Bestow, a startup which is developing new consumer life insurance products driven by new underwriting algorithms, has raised $15M in a Series a funding. The funding was led by Valar Ventures, and also included New Enterprise Associates (NEA), Core Innovation Capital, 8VC, and Morpheus Ventures. The company says it has now raised more than $18M in funding. Melbourne O'Banion is CEO of Bestow. The company says its service is currently live in both Texas and Utah, and will be nationwide this year. More information »