US insurtech company Ethos begins IPO roadshow, seeks up to $1.3bn valuation

US-based insurance technology (insurtech) company Ethos has launched its initial public offering (IPO) roadshow, with plans to achieve a valuation as high as $1.3bn. Ethos filed for an IPO with the US Securities and Exchange Commission in September of last year. Combined, the company and its shareholders intend to raise up to $211m by offering approximately 10.5 million shares. Of the total, Ethos will directly offer 5.1 million shares, with investors including Alphabet's GV and General Catalyst divest ...