Core Innovation Capital Backs On-Demand, Life Insurance Startup Bestow

Los Angeles-based fintech investor Core Innovation Capital has backed a new startup, Bestow, which is developing an algorithm-driven, on-demand, life insurance platform. Bestow, based in Dallas, Texas, said it raised $2.5M yesterday, in a round led by New Enterprise Associates, and also included Core Innovation Capital, Morpheus Ventures, and 8VC.