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Bestow Named to the 2021 CNBC Disruptor 50 List The life insurance innovator joins the annual list of private companies that are changing the world. News provided by Share this article Bestow, the leading digital life insurance platform, has been named a 2021 CNBC Disruptor 50, an annual list of 50 forward-thinking and ambitious startups on the path to becoming the next generation of public companies. This year's winners were chosen from an all-time high of 1,565 entries. Previous winners include Airbnb, Peloton, Stripe and Transferwise. This recognition comes on the heels of Bestow being na...

Insurtech Lemonade, Powered by AI and Behavioral Economics, Selects Bestow Life Insurance Platform February 11, 2021 @ 7:30 am By Omar Faridi Lemonade (NYSE:LMND), a fast-growing Insurtech that emerged as one of the most successful initial public offerings of 2020 (and recently launched life insurance), has teamed up with Bestow, a “full-stack” life insurance firm. Powered by Bestow’s Protect API, Lemonade clients may apply for “instant,” and “affordable” life insurance within a few minutes online — “all within Lemonade’s website and apps.” According to a release, clien...

AlleyWatch Bestow Bestow is an insurance technology company that builds products and software. Founded by Jonathan Abelmann and Melbourne O’Banion in 2016, Bestow is backed by investors that include Core Innovation Capital, Morpheus Ventures, New Enterprise Associates (NEA), Sammons Financial, and Valar Ventures and is headquartered in Dallas. FOUNDED:2016 FOUNDERS:Jonathan Abelmann, Melbourne O'Banion

Backers included Breyer Capital, Valar Ventures, New Enterprise Associates, Core Innovation Ventures, Morpheus Ventures and Sammons Financial. The company intends to use the funds to launch innovative products, scale platform services, and accelerate growth into new distribution channels and partnerships. Led by Melbourne O’Banion, Co-founder and CEO, and Jonathan Abelmann, Co-Founder and President, Bestow provides a digital life insurance platform to make coverage accessible to people in minutes instead of months. Its full-stack platform will accelerate growth into new insurtech, carrier ...