Sequoia-Backed Ethos Technologies Shares Sink 11% in US IPO

This Is The Right Time To Go Public: Ethos CEO

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By Georgie McKay and Anthony Hughes

January 29, 2026 at 5:32 PM UTC

Updated on

January 29, 2026 at 9:16 PM UTC

Insurance platform Ethos Technologies Inc. shares dropped 11% in their trading debut, after the company and some of its shareholders raised roughly $200 million in an initial public offering.

The San Francisco-based company’s shares closed at $16.85 on Thursday, below its IPO price of $19 apiece. The trading gives the company a market value of about $1 billion, based on the outstanding shares.