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Accel leads $35 mln funding in insurtech company Ethos

San Francisco-based Ethos, a life insurance company that uses predictive analytics, announced today that it has raised $35 million in Series B funding. Accel led the round, which include GV and previous investors Sequoia Capital and Arrive, a subsidiary of Roc Nation, as well as a debt facility from Silicon Valley Bank. The company, founded in 2016, has now raised $46 million in total funding. As part of the latest round, Accel Partner Nate Niparko will join the board and GV General Partner Tyson Clark will join the board as an adviser.

Source: Company release