InsurTech startup Ethos Technologies raised $200 million in a Series D funding round led by General Catalyst. The current round valued the company at more than $2 billion bringing the total amount of funds raised to over $308 million to date.
The investment round also witnessed participation of existing investors including Accel, GV, and Sequoia Capital. The company’s impressive investor list includes Goldman Sachs, Heroic Ventures, Stanford University, Roc Nation from rapper Jay-Z and the investment vehicles of actors Robert Downey Jr. and Will Smith.
Founded in 2016 by by Lingke Wang and Peter Colis, San Francisco based Ethos provides a technology platform for third-party administration services for life insurance companies.