Life insurance platform Ethos has emerged from stealth with backing from investors including Stanford University as it looks to drive business growth and product development.
US-based life insurance platform operator Ethos emerged from stealth yesterday with $11.5m in funding from investors including Stanford University.
VC firm Sequoia Capital led the round, investing together with media firm Roc Nation’s corporate venturing subsidiary Arrive and family offices Downey Ventures, Durant Company and Smith Family Circle.
Venture debt provider Silicon Valley Bank has supplied a credit facility of undisclosed size.
Ethos has built a digital life insurance platform which relies on data analytics and process automation to quickly…
