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Ethos raises $200m in funding round

May 12, 2021


Insurtech company Ethos has announced that it has raised $200 million in a Series D investment round, boosting its valuation to $2 billion. Revenue and users have grown by more than 500% year over year, and the company expects to issue $20 billion in life insurance coverage this year.

The funding round was led by General Catalyst. Past investors Sequoia Capital, Accel, GV (formerly Google Ventures), and Jay-Z’s Roc Nation also participated, as did Glade Brook Capital Partners. Ethos is also backed by the investment vehicles of actors Will Smith and Robert Downey Jr.

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