Bestow: Funding, Investors & Team (Oct 2026)
Bestow is a life insurance software-as-a-service (SaaS) company that uses advanced technology and data solutions to update the insurance sector. Through partnerships with leading life insurance providers, the company implements cutting-edge technology and data solutions to lower expenses, improve efficiency, and promote growth by simplifying processes from application and risk assessment to policy management. Bestow's goal is to enhance financial security for all by offering innovative and effective insurance options.
Bestow has raised $140M across 2 funding rounds on record, the most recent a Series D of $70.0M announced in May 2025.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Bestow Company Profile and Key Stats
Latest funding round on record: May 2025.
Bestow Funding Rounds
Bestow raised $70.0M in an undisclosed round announced in Dec 2020.
4.4 years later, a Series D of $70.0M was announced in May 2025.
Bestow Founders and Leadership Team
Contact details for the Bestow team: 1 of 2 have an email address on file.
Start 14-day free trial →Bestow Funding Compared to Other Financial Services Startups
Bestow's latest round of $70.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Bestow Funding FAQs
What does Bestow do?
Bestow is a life insurance software-as-a-service (SaaS) company that uses advanced technology and data solutions to update the insurance sector. Through partnerships with leading life insurance providers, the company implements cutting-edge technology and data solutions to lower expenses, improve efficiency, and promote growth by simplifying processes from application and risk assessment to policy management. Bestow's goal is to enhance financial security for all by offering innovative and effective insurance options.
How much funding has Bestow raised?
Bestow has raised $140M across 2 rounds on record. The most recent is a Series D of $70.0M announced in May 2025.
When did Bestow last raise funding?
Bestow's most recent funding round on record is a Series D of $70.0M, announced in May 2025.
Who founded Bestow?
FundedIQ lists Jonathan Abelmann (Founder) at Bestow.
Who is the CEO of Bestow?
Melbourne O'Banion is listed as CEO at Bestow.
Where is Bestow headquartered?
Bestow is based in Dallas, Texas, United States.
How many employees does Bestow have?
Bestow is in the 251-500 employee band.
How does Bestow's funding compare to other Financial Services startups?
Bestow's latest round of $70.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Bestow Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Bestow is left off this page rather than filled in.
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