Bestow Inc., an online life insurance distribution startup, says it has raised $15 million in mew funding from a group of venture capital firms.
Valar Ventures was the firm that invested the most money, Bestow says.
(Related: Two Online Life Distributors Expand)
The Dallas-based firm has now raised a total of $18 million in capital.
Munich American Reassurance Company and North American Company for Life and Health Insurance have agreed to offer products through the company’s website, http://www.hellobestow.com.