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# Bestow raises US$120m Series D led by Goldman Sachs and Smith Point Capital
- URL: https://www.ai-360.online/bestow-raises-us-120m-series-d-led-by-goldman-sachs-and-smith-point/
- Published: 2025-05-13T12:00:00.000Z
- Updated: 2026-10-26T22:01:55.000Z
- Description: Bestow raised a US$120 million Series D led by Goldman Sachs and Smith Point Capital to expand life and annuity carrier infrastructure.
- Author: AI-360
- Tags: BFSI, News, #company-bestow, Funding, #industry-banking-finance

[Bestow](https://www.bestow.com/?ref=ai-360.online) announced a US$120 million Series D on 13 May 2025, led by Goldman Sachs and Smith Point Capital, [according to its company newsroom post the same day](https://www.bestow.com/post/bestow-raises-120m-to-accelerate-insurance-infrastructure-transformation?ref=ai-360.online).

The Dallas-based firm said the capital would fund platform expansion across life and annuity products, R&D and carrier go-to-market, with indexed universal life targeted for 2025 and annuities for 2026\. Bestow positions as SaaS infrastructure for carriers; named carrier partners on the post include Nationwide, Transamerica and USAA.

The post was co-authored by Melbourne O’Banion and Jonathan Abelmann. The announcement did not publish a full cap table or cumulative funding total beyond the Series D round size of US$120 million.

Buyers should treat product timelines as company guidance and confirm commercial availability against Bestow’s primary materials and https://www.bestow.com/.

The announceable peg is dated 2025-05-13\. Buyers should confirm scope, availability and commercial terms against Bestow's primary materials and https://www.bestow.com/.

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