- Ethos Technologies, a life insurance software provider, began trading on Nasdaq on January 30, 2026, marking a significant tech IPO.
- The company raised $200 million by selling shares, operating a platform connecting consumers, agents, and insurance carriers to streamline the life insurance process.
- Ethos achieved profitability by focusing on financial discipline after 2022, differentiating itself from competitors who faced acquisition or bankruptcy.

A: Did you hear about the news? A company called Ethos went public!
B: No way! What do they do?
A: They sell life insurance, but online! It’s super fast, like 10 minutes, and no medical exams.
B: Wow, that’s different! So, they’re like a tech company for insurance?
A: Exactly! They call themselves "insurtech." They went on the Nasdaq stock exchange.
B: Oh really? Is it doing well?
A: Well, the price dropped a bit on the first day. It was supposed to be $19 a share, but it closed at $16.85.
B: Hmm, not a great start, huh?
A: But it’s still a big deal! It's one of the first tech companies to go public this year. People are watching to see if others will follow.
B: So, who’s behind this company?
A: Two founders, Peter Colis and Lingke Wang. They’ve been working on it for about 10 years!
B: Ten years? That’s a long time!
A: Yeah! And a lot of other similar companies failed. They were really smart to focus on making a profit.
B: That's good they learned from others' mistakes!
A: They did! They made a lot of money, almost $278 million in the last nine months.
B: That’s impressive! Why did they decide to go public now?
A: Apparently, it makes them look more trustworthy to big insurance companies. They want to show they’re around for the long haul.
B: Makes sense. Big companies like that want stability.
A: Yep! Big investors like Sequoia and SoftBank are involved too.
B: Interesting! So, it's a big deal, even if the price dipped a little.
A: Definitely! It’s something to watch!