United States · Growth startup
3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$89Mraised across 3 rounds since 2018, from 4 sources
Each circle is a round, placed by date and sized by amount. The line above is the running total.
State Street CorporationLead
State Street Global AdvisorsLead
Y Combinator
500 Global
Kapor Capital
Nyca Partners
UBS
Sound Ventures
Fifty YearsReported by AlleyWatch and 1 otherSEC filing: $44M sold, first sale Jan 2025
Reported by FinSMEsSEC filing: $20M sold, first sale Jun 2019
Kapor CapitalNyca Partners
Thirdstream PartnersReported by FinSMEs
Ethic filed 4 raises, $143M in all. Filings say how much was sold and to how many investors; they never name the investors.
The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.
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These 5 firms list Ethic as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Ethic's investors include Nyca Partners, Kapor Capital, Sound Ventures, Thirdstream Partners and State Street Corporation, and 8 more on record. State Street Corporation led its latest round.
Ethic has raised $89M across 3 rounds since 2018.
Ethic's most recent round was a Growth of $64M in Apr 2025, led by State Street Corporation.
Its most recent round, $64M in Apr 2025, is also its largest on record.
Ethic's first round on record, in Oct 2018, was backed by Kapor Capital, Nyca Partners and Thirdstream Partners and 1 others.
Ethic's latest named round is a Growth, in Apr 2025.
Ethic is based in the United States.
Nyca Partners led the Series A in 2019; State Street Corporation led the Growth in 2025.
In the same sector, and raised in the last eighteen months.
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United States · 
