Ethos, a San Francisco, CA-based life insurance company, raised $60m Series C financing.
The round, which brought total funding raised to date to more than $100m, was led by GV (formerly Google Ventures), with participation from existing investors Sequoia Capital and Accel.
The company intends to use the funds to accelerate product refinement, technical team hires, and operations expansion.
Led by Peter Colis, CEO and Co-Founder, Ethos predictive analytics and data technology to provide life insurance policies. The application process takes minutes, there no medical exams for most applicants, and no commissioned agents.
This latest round of financing follows quadruplication of revenue since October 2018 and several integral leadership hires, including Head of Finance David Zhang and VP of Insurance Phil Murphy.
FinSMEs
27/08/2019