Ethos Technologies and shareholders raised $200 million in a U.S. IPO, selling 10.5 million shares at $19 each. With an IPO valuation of $1.2 billion, backed by Accel and Sequoia, Ethos transforms life insurance buying, selling, and risk management, offering coverage in minutes. The insurance sector continues to attract investors, with Ethos seeing a 47% revenue surge in nine months. Over 500,000 policies have been activated since inception, with shares trading on Nasdaq under “LIFE” on Thursday, led by Goldman Sachs and J.P. Morgan as underwriters.

Read more at Yahoo Finance: Insurance platform Ethos Technologies, backers raise about $200 million in US IPO