Insurtech Bestow Receives $2.5 Million Seed Round for Life Insurance Platform

Bestow Inc., a platform providing a new approach to life insurance, has announced a $2.5 million seed round led by New Enterprise Associates (NEA), with participation from Core Innovation Capital, Morpheus Ventures, and 8VC. Bestow says this is their first institutional round, bringing its total financing raised since inception in 2016 to $3.1 million.