Tag: Jay-Z

Jay Z and Will Smith backed life insurance start-up valued at almost $500 million

Julie Campbell
Life insurance start-up - Robert Downey Jr. visits the Embassy

The company, called Ethos, gained considerable value in a Series C round led by big-name backers. San Francisco-based life insurance start-up, Ethos, has just gained an additional $60 million in funding and is now valued at just about $500 million. Existing investors include such big name celebs as Jay Z, Will Smith and Robert Downey Jr. During its Series C round of funding, the life insurance start-up was highly successful, with a round led by Alphabet’s (parent company of Google) venture arm, GV, as well as Goldman Sachs. Its existing…

Read More

Ethos, the new Jay-Z insurance start-up, has raised $35 million

Logan B.
Jay-Z insurance - Pile of US Cash

The new company has just completed a round of financing which was much more successful than the first. Ethos is a new Jay-Z insurance start-up that has completed a new round of financing in which it managed to raise $35 million. This company has shown for a second time that it doesn’t struggle to bring in the capital it needs. This round of financing represents the second time it has managed to bring in millions. During the Jay-Z insurance start-up’s first round of financing, it raised $11.5 million. It managed…

Read More