GV was among the investors for Stanford-backed online life insurance provider Ethos's latest round, which brought the its total funding to more than $106m.
Ethos, a US-based online life insurance service backed by Stanford University, yesterday obtained $60m in a round led by GV, a corporate venturing arm of technology conglomerate Alphabet.
Investment bank Goldman Sachs and venture capital firms Accel and Sequoia Capital also contributed to the round.
Ethos has created a digital life insurance platform powered by data analytics and process automation where customers can quickly take out a policy from one of its insurance partners without needing to undergo…
