Wednesday, August 30, 2017

Bestow Gets $2.5M For On-Demand Life Insurance

Dallas-based Bestow, which is developing an algorithm-driven, on-demand, life insurance platform, says it has raised $2.5M in a seed funding round. The funding was led by New Enterprise Associates, and also included Core Innovation Capital, Morpheus Ventures, and 8VC. Bestow has yet to roll out its service. The startup was founded by Melbourne O'Banion and Jonathan Abelmann.