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Sequoia-backed US insurtech startup Ethos plans up to $1.3b IPO
Ethos Technologies is preparing to go public, with its IPO expected to price on January 22, making it one of the first tech IPOs of 2026.
The company has set a share price range of US$18 to US$20, valuing it at up to US$1.3 billion if it lands at the higher end, raising about US$100 million for itself.
Selling shareholders are expected to raise an additional US$108 million in the offering.
Backed by investors including Sequoia, Accel, GV (Alphabet’s venture arm), SoftBank, General Catalyst, Heroic Ventures, and others, Ethos provides software for selling life insurance.
Sequoia and Accel are not selling shares in the offering, according to the company.
Founded as a startup in the insurance tech space, Ethos raised US$400 million by 2021, with most of it raised that year, reaching a valuation of US$2.7 billion.
🔗 Source: TechCrunch
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