What is Ethos Technologies' IPO valuation?

Ethos Technologies is expected to be valued at $1.26 billion at its IPO, with shares priced between $18 and $20.

When is Ethos Technologies going public?

Ethos Technologies is scheduled to go public on Thursday, making it one of the first tech IPOs of the year.

Is Ethos Technologies a profitable company?

Yes, Ethos Technologies has been profitable for years and reported significant revenue and net income in the nine months prior to its IPO.

Home / Business and Economy / Ethos Tech Valued Over $1B Ahead of Public Debut

Ethos Tech Valued Over $1B Ahead of Public Debut

21 Jan

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Summary

Ethos Technologies is set to go public on Thursday with an IPO.
The company is priced between $18 and $20 per share.
Ethos is profitable, with nearly $278 million revenue in nine months.

Ethos Tech Valued Over $1B Ahead of Public Debut

Ethos Technologies is poised to become one of the first tech companies to go public this year, with its initial public offering scheduled for Thursday. The company's shares are currently priced between $18 and $20. At the higher end of this range, Ethos would achieve a valuation of $1.26 billion, raising approximately $102.6 million for itself and an additional $108 million for selling shareholders. Investor demand could potentially drive the price higher, increasing both its valuation and the funds raised.

This life insurance software provider boasts backing from prominent venture capital firms including Sequoia, Accel, GV, Softbank, and General Catalyst. Ethos achieved profitability some time ago, as detailed in its IPO documents. For the nine-month period concluding on September 30, the company reported nearly $278 million in revenue and a net income of just under $46.6 million.