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Insurtech Leader Ethos Secures $200 Million Investment Round; Valuation Exceeds $2 Billion

Insurtech Leader Ethos Secures $200 Million Investment Round; Valuation Exceeds $2 Billion

05/11/21, 10:09 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$200 million
Ethos, the InsurTech leader that is transforming the life insurance space, today announced it has raised a $200M Series D investment round, boosting its valuation to $2B in just a few years since launch. Revenue and users have each grown by more than 500 percent year-over-year, and the company expects to issue $20 billion of life insurance coverage this year, surpassing all competitors as it achieves its mission to provide life insurance for everyone.

Company Info

Company
Ethos
Location
san francisco, california, united states
Additional Info
Ethos is a new kind of life insurance provider that makes getting coverage easy and accessible for millions of families. Ethos uses deep technology and data science to eliminate traditional barriers to life insurance and bring the industry into the modern age. The company built its technology from the ground up with a focus on creating a seamless customer experience; a mobile-first, online application process that takes minutes instead of weeks, and offering coverage without a medical exam for over 99% of applicants and a few health questions. The result is a life insurance company that puts people first. The company is headquartered in San Francisco with offices in Austin and Singapore. To learn more, visit www.ethoslife.com.