Bestow 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.
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/.