Ethos Technologies Inc. Asset Profile

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Year established

2016

Location

San Francisco CA US

Primary Industry

Insurance

About

Founded in 2016 and based in California, US, Ethos Technologies Inc. also known as Ethos Life Insurance Services, is an online platform that provides its users with insurance quotations and packages. The company was founded by its CEO Peter Colis and Lingke Wang. In May 2021, Ethos Technologies Inc. raised USD 200 million in series D funding led by new investor General Catalyst Partners, with participation from other new investors Dreamers Fund. Ethos Life provides modern and ethical life insurance to its customers along with additional options such as same-day coverage. By using automated processes, machine learning, and leveraging extensive data, the company's insurance process is done with a click of a button and answering a few health questions instead of setting up medical exams and blood tests. Ethos also has agents to help customers in the insurance process and allows its users to tailor the policy to fit their budgets and has a wide range of coverage amounts to choose from. Ethos policies are issued and guaranteed by Legal & General America. In 2021, Ethos was on track to generate more than USD 100 million in annual revenue. The company plans to expand its offerings and issue USD 20 billion in life insurance policies within December 2021.

Current Investors

Sequoia Capital, Peterson Partners, Silicon Valley Bank

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Primary Industry

Insurance

Sub Industries

e-Financial, Insurance Intermediaries, Web Applications

Website

www.ethoslife.com

Verticals

Artificial Intelligence, FinTech, InsureTech

Company Stage

Series D

Total Amount Raised

Subscriber access only

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