Insurance Startup Ethos Taps Goldman as It Explores Going Public

Ethos, an insurance technology startup, is exploring an initial public offering that could occur as soon as this year and has tapped Goldman Sachs Group Inc. to assist with the effort, according to people with knowledge of the matter.

The Austin-based company was last valued at $2.7 billion in a funding round led by SoftBank Vision Fund 2 that was announced in July 2021.

Representatives for Ethos and Goldman declined to comment.

Ethos, led by Chief Executive Officer Peter Colis, who co-founded the company, said in February that it achieved 50% year-over-year revenue growth in 2024, without disclosing ...