# Ethos funding: rounds and investors

> Ethos has raised $143M across 9 rounds since 2018. Investors include Sequoia Capital, General Catalyst and 8VC. Every round with its source.

Source: https://millionrounds.com/company/ethos (Millionrounds; every figure on the page links to its filing or article)

United Kingdom · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Ethos*

9 rounds we have observed, with the 27 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.

AI Fintech Insurtech Telecoms

Raised 6 months ago

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Funding summary Updated 5 Nov 2026

**$143M** raised across 9 rounds since 2018, from 11 sources

**$35M** Round **$60M** Series C

- **Latest round:** Series A, $23M May 2026
- **Led by:** Andreessen Horowitz
- **Biggest round:** $60M Series C · Aug 2019
- **Step-up i:** 44.2×
- **Investors:** 27 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024 2026

**$12M** Round

**$35M** Round

**$60M** Series C

**?** Venture

**$4.2M** Seed

**$6.0M** Seed

**$3.2M** Seed

**$23M** Series A

- **First round:** Round, $12M
- **Biggest round:** $60M
- **Usual gap between rounds:** 10 months

[**Ethos** AI 1 / 15 Their pitch deck **Ethos's pitch deck, 15 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/ethos)

## The rounds

- **May 2026** Series A **$23M** *4 new* *3 returning* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [8VC](https://millionrounds.com/fund/8vc) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Evantic Capital](https://millionrounds.com/fund/evantic-capital) [XTX Ventures](https://millionrounds.com/fund/xtx-markets) [Common Magic](https://millionrounds.com/fund/common-magic) Reported by TechCrunch
- **May 2025** Venture **$515K** *2 new* [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Pear VC](https://millionrounds.com/fund/pear-vc) Source recorded and 1 other
- **Mar 2025** Seed **$3.2M** *3 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [8VC](https://millionrounds.com/fund/8vc) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) Source recorded
- **Feb 2025** Seed **$6.0M** *4 new* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [NAP](https://millionrounds.com/fund/nap) [Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures) [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) Source recorded and 1 other
- **Jan 2023** Seed **$4.2M** *2 new* [Tribe Capital](https://millionrounds.com/fund/tribe-capital) [Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) Source recorded
- **Sept 2022** Venture **Amount undisclosed** *2 new* [Kevin Hartz](https://millionrounds.com/fund/a-star-co) [CFV Ventures](https://millionrounds.com/fund/cfv-ventures) Source recorded
- **Aug 2019** Series C **$60M** *2 new* *1 returning* [Google Ventures](https://millionrounds.com/fund/gv) Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Accel](https://millionrounds.com/fund/accel) Reported by FinSMEs SEC filing: $31M sold, first sale Oct 2018
- **Oct 2018** Round **$35M** *2 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Arrive](https://millionrounds.com/fund/arrive) Accel Partners/ GV Reported by TechCrunch
- **Jun 2018** Round **$12M** *6 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [Will Smith](https://millionrounds.com/fund/will-smith) [Kevin Durant](https://millionrounds.com/fund/kevin-durant) [Arrive](https://millionrounds.com/fund/arrive) Robert Downey Jr Sequoia Capital/ Stanford University Reported by FinSMEs

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series C** 2019 **Venture** 2022 **Seed** 2023 **Seed** 2025 **Seed** 2025 **Venture** 2025 **Series A** 2026 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [8VC](https://millionrounds.com/fund/8vc) [A16z Crypto](https://millionrounds.com/fund/a16z-crypto) [Arrive](https://millionrounds.com/fund/arrive) [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) L [Google Ventures](https://millionrounds.com/fund/gv) L [Accel](https://millionrounds.com/fund/accel) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [SVB Capital](https://millionrounds.com/fund/svb-capital)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **2** rounds

[8VC](https://millionrounds.com/fund/8vc) VC firm **2** rounds

[A16z Crypto](https://millionrounds.com/fund/a16z-crypto) VC firm **2** rounds

[Arrive](https://millionrounds.com/fund/arrive) VC firm **2** rounds

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round, led 1

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round, led 1

[Accel](https://millionrounds.com/fund/accel) VC firm **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

[Pear VC](https://millionrounds.com/fund/pear-vc) VC firm **1** round

[Tribe Capital](https://millionrounds.com/fund/tribe-capital) VC firm **1** round

[NAP](https://millionrounds.com/fund/nap) VC firm **1** round

[Boldstart Ventures](https://millionrounds.com/fund/boldstart-ventures) VC firm **1** round

[Kevin Hartz](https://millionrounds.com/fund/a-star-co) VC firm **1** round

[Better Tomorrow Ventures](https://millionrounds.com/fund/better-tomorrow-ventures) VC firm **1** round

[Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) VC firm **1** round

[CFV Ventures](https://millionrounds.com/fund/cfv-ventures) VC firm **1** round

[Will Smith](https://millionrounds.com/fund/will-smith) VC firm **1** round

[Kevin Durant](https://millionrounds.com/fund/kevin-durant) VC firm **1** round

[Evantic Capital](https://millionrounds.com/fund/evantic-capital) VC firm **1** round

[XTX Ventures](https://millionrounds.com/fund/xtx-markets) Company **1** round

[Common Magic](https://millionrounds.com/fund/common-magic) Micro VC **1** round

Accel Partners/ GV no record of our own yet **1** round

Robert Downey Jr no record of our own yet **1** round

Sequoia Capital/ Stanford University no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ethos).

## Also claim to have backed them

These 2 firms list Ethos 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.

[Purple Sage Ventures](https://millionrounds.com/fund/purple-sage-ventures) VC firm Per its own site

[RevTech Labs Capital](https://millionrounds.com/fund/revtech-labs-capital) VC firm Per its own site

## Quick answers about Ethos

### Who invested in Ethos?

Ethos's investors include Sequoia Capital, General Catalyst, 8VC, A16z Crypto and Arrive, and 22 more on record. Andreessen Horowitz led its latest round.

### How much has Ethos raised?

Ethos has raised $143M across 9 rounds since 2018. One round did not disclose an amount, so the total is a floor.

### When did Ethos last raise?

Ethos's most recent round was a Series A of $23M in May 2026, led by Andreessen Horowitz.

### What was Ethos's biggest round?

Ethos's largest round on record is $60M (Series C), in Aug 2019, led by Google Ventures.

### Who backed Ethos first?

Ethos's first round on record, in Jun 2018, was backed by SVB Capital, Will Smith and Kevin Durant and 3 others.

### What stage is Ethos at?

Ethos's latest named round is a Series A, in May 2026.

### Where is Ethos based?

Ethos is based in the United Kingdom.

### Who led Ethos's rounds?

Google Ventures led the Series C in 2019; Andreessen Horowitz led the Series A in 2026.

## Companies like Ethos

In the same sector, and raised in the last eighteen months.

[**Atmospheric AI** $20M · Nov 2026](https://millionrounds.com/company/atmospheric-ai)[**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Crediflow AI** $2.0M · Nov 2026](https://millionrounds.com/company/crediflow-ai)[**LO:TECH** $12M · Nov 2026](https://millionrounds.com/company/lo-tech)[**Fractile** $960M · Oct 2026](https://millionrounds.com/company/fractile)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)

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