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Life insurance distribution startup raises $15M in funding round

Texas-based digital life insurance distribution company Bestow Inc. has raised $15 million in its latest funding round.

Valar Ventures LP led the series A financing round, which also included existing investors New Enterprise Associates, Core Innovation Capital, 8VC and Morpheus Ventures.

The Dallas-based company now has $18 million in total financing. The company said the funding round came ahead of its national launch and "aggressive growth trajectory."