Announced
Completed
Financials
Sources
Tags
Minority
Completed
Private Equity
United States
Private
insurance
online insurance
Domestic
Acquisition
Life Insurance
Venture Capital
Friendly
Synopsis
General Catalyst, a venture capital firm, led a $200m Series D funding round in Ethos, an insurance firm, valuing the company at over $2bn. The round was joined by Sequoia Capital, Accel, GV, Roc Nation and Glade Brook Capital Partners. "We are on a mission to protect the next million families and will use this money to continue improving the best insurance customer experience ever created. This funding will help us enrich our technology and data platform, and help us launch new products to enable everyone an opportunity to protect their families," Peter Colis, Ethos CEO and Co-Founder.
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