United States · Series D startup

Who invested in Bestow

4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Developer ToolsEnterprise SoftwareFintechInsurtech

Funding summaryUpdated 5 Nov 2026

$205Mraised across 4 rounds since 2018, from 4 sources

$15MSeries A$70MSeries D$120MSeries D
Latest round
Series D, $120MMay 2025
Led by
Goldman Sachs Alternatives and Smith Point Capital
Step-upi
1.7×
Investors
9 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20182019202020212022202320242025
$15MSeries A?Venture$70MSeries D$120MSeries D
First round
Series A, $15M
May 2018
Biggest round
$120M
Series D · May 2025
Usual gap between rounds
4.9 years
the median of 2

The rounds

  1. May 2025
    Series D$120M2 new

    Reported by TechCrunch

  2. May 2025
    Series D$70M3 new1 returning

    Source recorded

  3. May 2023
    VentureAmount undisclosed

    No investor was named in the report.

    Source recorded

  4. May 2018
    Series A$15M4 new

    Reported by FinSMEsSEC filing: $15M sold, first sale Apr 2018

Funding filed with regulators

Bestow filed 5 raises, $119M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Nov 2020$70M7 investorsequitySEC Form D
  2. Feb 2020$30M8 investorsequitySEC Form D
  3. Apr 2018$15M8 investorsequitySEC Form D
  4. Jul 2017$3.1M15 investorsequity, securities on exerciseSEC Form D
  5. Dec 2016$600K6 investorsdebt, optionsSEC Form D

Founders and team

From Bestow's own website and the SEC filings it signed: 2 founders, 15 on the team.

Jonathan W. AbelmannCo-Founder & PresidentNamed on its 2021 Form D
Melbourne O'BanionCo-Founder & CEONamed on its 2021 Form D
  • Chris CopelandChief Technology Officer
  • Chris LaiaChief Legal & Compliance Officer
  • Cindy De ArmondChief Revenue Officer
  • Dave BelangerChief Security & Privacy Officer
  • Meagan WardChief Marketing Officer
  • Chad HershHead of AI Solutions
  • Doug BrewsterVP, Finance
  • Eric LeeVP, Product Management
  • John PattisonVP, Sales
  • K.C. ClearyHead of Business Operations
  • Paul RasmussenVP, Customer Success
  • Peter EliasonVP, Data & Analytics
  • Peter OlahVP, Engineering
  • Rachel ZalkinVP, People
  • Luke McLarenDeputy General Counsel

On the board, as filediJames FitzgeraldMark W. Dyne

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

8VCVC firm2rounds
Goldman Sachs AlternativesGrowth equity1round, led 1
Smith Point CapitalVC firm1round, led 1
Abstract VenturesVC firm1round
Valar VenturesVC firm1round
Morpheusno record of our own yet1round
Valar Ventures/ NEAno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Bestow as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Breyer CapitalPrivate equityPer its own site
Zone II VenturesVC firmPer its own site

Quick answers about Bestow

Who invested in Bestow?

Bestow's investors include 8VC, Goldman Sachs Alternatives, Smith Point Capital, New Enterprise Associates and Abstract Ventures, and 4 more on record. Goldman Sachs Alternatives led its latest round.

How much has Bestow raised?

Bestow has raised $205M across 4 rounds since 2018. One round did not disclose an amount, so the total is a floor.

When did Bestow last raise?

Bestow's most recent round was a Series D of $120M in May 2025, led by Goldman Sachs Alternatives.

What was Bestow's biggest round?

Its most recent round, $120M in May 2025, is also its largest on record.

Who backed Bestow first?

Bestow's first round on record, in May 2018, was backed by 8VC, Core Innovation Capital and Morpheus and 1 others.

What stage is Bestow at?

Bestow's latest named round is a Series D, in May 2025.

Where is Bestow based?

Bestow is based in the United States.

Who led Bestow's rounds?

Goldman Sachs Alternatives led the Series D in 2025.

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