Bestow
Dallas, US · Delaware corporation · 8 known investors
Bestow provides software solutions for life insurance carriers to digitize operations, launch new products, and accelerate growth. The platform serves large insurance carriers modernizing their distribution, underwriting, and product capabilities.
Founders & leadership
MO
Melbourne O'BanionCEO and Co-Founder
JA
Jonathan AbelmannPresident and Co-Founder
Investors · 8
Abstract VenturesSan Francisco · $100K – $1M
Breyer CapitalAustin · $500K – $10M
Core Venture CapitalLos Angeles · $1M – $5M
Smith Point CapitalSan Francisco
Valar Ventures LlcSan Francisco · $100K – $5M
Zone 2 Ventures LlcNew York
AbstractreportedSan Francisco · $250K – $750K
Morpheus VenturesreportedSherman Oaks · $1M – $10M
Reported raises · per SEC filings
Form D private placements▶$70MraisedJan 2021 · 7 investors · InsuranceRule 506(b)
▶$70MraisedJan 2021 · 7 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan W. AbelmannExecutive Officer, Director
- Mark DyneDirector
- Melbourne O'BanionExecutive Officer, Director
- James FitzgeraldDirector
- Offering amount
- $70M
- Amount sold
- $70M
- First sale
- Nov 2020
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$30MraisedMay 2020 · 8 investors · InsuranceRule 506(b)
▶$30MraisedMay 2020 · 8 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan W. AbelmannExecutive Officer, Director
- Melbourne O'BanionExecutive Officer, Director
- Mark DyneDirector
- James FitzgeraldDirector
- Offering amount
- $30M
- Amount sold
- $30M
- First sale
- Feb 2020
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$15MraisedJun 2018 · 8 investors · InsuranceRule 506(b)
▶$15MraisedJun 2018 · 8 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Melbourne O'BanionExecutive Officer, Director
- Jonathan W. AbelmannExecutive Officer, Director
- James FitzgeraldDirector
- Mark DyneDirector
- Offering amount
- $15M
- Amount sold
- $15M
- First sale
- Apr 2018
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$3.1MraisedJul 2017 · 15 investors · InsuranceRule 506(b)
▶$3.1MraisedJul 2017 · 15 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan W. AbelmannExecutive Officer, Director
- Melbourne O'BanionExecutive Officer, Director
- Offering amount
- $3.1M
- Amount sold
- $3.1M
- First sale
- Jul 2017
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$600KraisedJul 2017 · 6 investors · InsuranceRule 506(b)
▶$600KraisedJul 2017 · 6 investors · Insurance
Rule 506(b)Officers, directors & promoters on the filing
- Jonathan W. AbelmannExecutive Officer, Director
- Melbourne O'BanionExecutive Officer, Director
- Offering amount
- $600K
- Amount sold
- $600K
- First sale
- Dec 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- InsurTech firm Bestow raises $120m to accelerate platform expansionfintech.global · 2025
- Dallas Insurance Innovator Bestow Closes $120M Series D Fundraising Round » Dallas Innovatesdallasinnovates.com · 2025
- Bestow raises $120 millioncoverager.com · 2025
- Digital Life Insurance Platform Bestow Raises $70 Millionpulse2.com · 2020
- Bestow Lands $70M Series C To Expand Life Insurance Productnews.crunchbase.com · 2020
- Bestow Raises $15 Million In Series A Financing | Reutersreuters.com · 2018
