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Insurtech company Ethos raises $60M in latest funding round

Life insurance-focused insurtech company Ethos raised $60 million in a series C funding round led by GV, Alphabet Inc.'s venture capital arm.

Goldman Sachs Group Inc. is a new participant, alongside existing investors Sequoia Capital and Accel. Total funding for the company to date is more than $100 million.

Proceeds from the funding round will go toward, among other things, supporting product refinement and technical team hires.