<ul><li>Bestow Inc. closed a $120 million oversubscribed Series D funding round, co-led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital, aiming to fund new product development and platform expansion.</li><li>The funding will aid in accelerating Bestow's growth and workforce expansion to meet enterprise demand in the life and annuities space. Bestow also secured a $50 million credit facility from TriplePoint Capital.</li><li>Bestow tripled revenue in 2024, achieved 10x growth over two years, and intends to maintain exponential growth with profitability in sight, focusing on modernizing the life insurance and annuities industry through technology.</li><li>The Series D funding follows Bestow's divestiture of Bestow Life Insurance Company in 2024, shifting focus towards enterprise partnerships. Bestow looks to redefine the insurance technology industry and continue its growth trajectory.</li></ul>

Bestow Closes $120 Million Oversubscribed Series D Funding, Co-Led by Growth Equity at Goldman Sachs Alternatives and Smith Point Capital

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