Insurtech Bestow lands $120M Series D from Goldman Sachs, Smith Point Capital

News Source : TechCrunch
News Summary
- Bestow has raised $120 million in Series D funding to launch new products and underwriting capabilities
- Goldman Sachs Alternatives’ Growth Equity and ex-Salesforce co-CEO Keith Block’s Smith Point Capital co-led the investment
- Its customers include Nationwide, Transamerica, USAA, Sammons Financial Group, and Equitable, among others
Melbourne OBanion cofounded insurtech Bestow with Jonathan Abelmann in 2017 after struggling to secure his own life insurance policy.His goal was to make it easier for people to obtain life insur [+3087 chars]