Public company, workplace, funding, and market signals
Updated Aug 16, 2026
Bestow is a Dallas-based insurance technology company that provides modular and end-to-end software infrastructure for life and annuity carriers. The platform supports digital quote, illustration, application, underwriting, payments, billing, policy delivery, administration, analytics, portals, and third-party administration. Bestow previously sold life insurance directly to consumers but sold its carrier and consumer business to Sammons Financial Group in 2024 and now focuses on enterprise technology.
Primary product
A modular life-insurance and annuity technology platform, including digital origination, underwriting, policy administration, embedded-insurance APIs, portals, analytics, and TPA services.
Founded
2017
Headquarters
Dallas, Texas, United States — 2700 Commerce Street, Suite 1000, Dallas, TX 75226
Team size
200-300
Work style
Remote
Industry
Insurance technology / Software Development
Sub-industry
Life insurance infrastructure, insurtech, embedded insurance, underwriting, and policy administration software
Offices
Business model
Stage
Series D / growth stage
Total raised
$350M
Latest round
Series D plus associated credit facility · May 2025
Latest amount
$120M
May 2025 · TriplePoint Capital
May 2025 · Goldman Sachs Alternatives and Smith Point Capital
Apr 2022 · TriplePoint Capital
Dec 2020 · Hedosophia
Apr 2020
May 2018 · Valar Ventures
Aug 2017
Leadership
Co-Founder & CEO
Co-Founder & President
Cindy De Armond
Chief Revenue Officer
Chris Copeland
Chief Technology Officer
Chris Laia
Chief Legal & Compliance Officer
Meagan Ward
Chief Marketing Officer
K.C. Cleary
Head of Business Operations
Doug Brewster
Vice President of Finance
Rachel Zalkin
Vice President of People
John Pattison
Vice President of Sales
Dave Belanger
Chief Security & Privacy Officer
Chad Hersh
Head of AI Solutions
Laura McKiernan Boylan
Vice President / Underwriting Solutions leadership
Peter Olah
Vice President of Engineering
Bestow presents itself as remote-first, results-first, mission-driven, and focused on modernizing a legacy industry. Careers materials emphasize employee well-being, work-life balance, ownership through equity and bonuses, and collaboration across product, engineering, underwriting, operations, and carrier-partner teams. Public job materials describe a predominantly remote workforce with a Dallas office option and an async-heavy engineering environment.
Work style
Remote
Compensation
Public job postings provide role-specific salary ranges and indicate equity and, for some roles, bonus eligibility. Examples include approximately $115,000-$130,000 for Platform Engineer II, $145,000-$170,500 for Senior Platform Engineer, and $180,000-$225,000 for Staff Backend Engineer; ranges vary by location, experience, and skills. Visa sponsorship is not publicly confirmed.
Benefits
Pricing
Not publicly disclosed. Available evidence indicates enterprise contracts using SaaS, usage-based transaction fees, performance-based fees, and fees for administration or TPA services.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$100M-$250M annually; third-party estimates include approximately $145.9M, while the company has publicly discussed strong ARR growth without disclosing audited revenue.
Estimated monthly visits
81.1K
Traffic estimate as of Jun 2026
Bestow reportedly laid off approximately 41 employees, or 14% of its staff, citing changing market conditions. Public reports said affected employees received severance, COBRA coverage, mental-health support, and outplacement assistance.
SourceBestow completed its acquisition of Centurion Life Insurance Company, gaining insurer licenses in 47 states and the District of Columbia.
SourceBestow announced the sale of Bestow Life Insurance Company, its direct-to-consumer carrier, to Sammons Financial Group. The carrier was subsequently renamed Lantern Insurance Company. Bestow retained its technology business and shifted fully toward enterprise SaaS.
SourceThe sale of the carrier represents a significant strategic pivot away from balance-sheet risk and direct insurance manufacturing toward B2B software, technology services, and carrier partnerships. Financial terms were not publicly disclosed.
SourceBestow / PR Newswire · Jul 2026
Bestow announced Bestow Labs, a dedicated team pursuing AI-native products for the life and annuity industry, and highlighted its modular platform, expanded product coverage, and carrier partnerships.
Bestow / PR Newswire · May 2025
Bestow announced a $120 million Series D co-led by Goldman Sachs Alternatives and Smith Point Capital, plus a $50 million TriplePoint Capital credit facility.
TechCrunch · May 2025
TechCrunch reported that the Series D included $75 million of primary and $45 million of secondary investment, brought equity funding above $300 million, and supported Bestow's enterprise software strategy.
Bestow / PR Newswire · Feb 2025
Bestow announced David Malenoir-Evans as Chief Product Officer, Doug Brewster as Vice President of Finance, and Pete Schiller as Vice President of TPA Services.
Bestow · May 2024
Bestow described its sale of the direct-to-consumer carrier to Sammons Financial Group and its decision to focus exclusively on enabling other carriers through enterprise technology.
25 jobs at Bestow