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New Deal


Announced

Completed

General Catalyst led a $200m Series D funding round in Ethos.

Financials

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Transaction Value£141m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Minority

Completed

Private Equity

United States

Private

insurance

online insurance

Domestic

Acquisition

Life Insurance

Venture Capital

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Synopsis

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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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