Director, Enterprise Sales & Business Development
Bestow$180,000 - $200,000/year
- Full Time
- Senior (5 to 8 years)
About Bestow
Bestow offers a digital platform for purchasing life insurance, focusing on making the process quick and easy for individuals. Their technology streamlines the application process using advanced underwriting methods, allowing customers to receive instant decisions on their coverage. Bestow's software manages the entire insurance lifecycle, which helps reduce costs and enables the rapid launch of new insurance products. Additionally, the company utilizes data solutions to enhance customer data for better marketing strategies and audience targeting. Unlike traditional insurance providers, Bestow emphasizes a user-friendly experience and affordability, with coverage starting at $11 per month. Their goal is to provide accessible life insurance while maintaining high customer satisfaction, as evidenced by their excellent ratings and A+ Better Business Bureau score.
Dallas, TexasHeadquarters
2017Year Founded
$133.8MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
201-500Employees
Benefits
Competitive salary
Equity
Annual bonus based on company and individual performance
Flexible PTO plan
Medical, dental, & vision insurance
Paid parental leave
Annual lifestyle spending account
Flexible work-from-home policy
Learning & development opportunities
Risks
Departure of key compliance officer may affect regulatory risk management.
Pending Sammons acquisition could alter Bestow's strategic direction.
Recent layoffs and low website traffic indicate potential customer engagement challenges.
Differentiation
Bestow offers a digital platform simplifying life insurance purchase processes.
The company uses advanced underwriting technology for quick insurance application decisions.
Bestow's data-driven approach optimizes marketing and audience segmentation.
Upsides
Growing demand for digital insurance solutions boosts Bestow's market potential.
Partnership with Transamerica enhances Bestow's market reach and credibility.
InsurTech investments provide growth opportunities for Bestow's technology-driven solutions.
Funding
Total raised$133.75 M
Latest valuation$350.00 M
StageSERIES_C
SERIES C
11/30/2020$70
$350.00 MSERIES B
3/31/2020$50
$250.00 MSERIES A
4/30/2018$15
$75.00 MSEED
7/31/2017$2
$12.50 M