August of 2019 was a good month for Ethos. The life insurance startup raised its $60 million Series C and announced that it was opening an office in Austin, joining its San Francisco headquarters.
Now, last August seems like a lifetime ago, but the company is staying true to its goals of expansion and continues to grow in Austin. An Ethos spokesperson told Built In Friday that the company plans to hire up to 100 people over the next 12 months across all of its offices.
Ethos has three offices — one in Austin, one in Singapore and its HQ in San Francisco — but the company spokesperson confirmed that most of these hires will be for its Austin location. Ethos has about 120 employees, 25 of which are located in Austin, making Austin its second largest office.
In Austin, the company has plans to hire aggressively for roles in sales, customer experience and product development.
On Thursday, Ethos also announced that it hired its new chief revenue officer, Erin Lantz. Lantz gained experience scaling operations while working for Zillow and Bank of America, and will bring this expertise as she leads the Austin office.
“Ethos is scaling to meet demand, and I’m eager to help ensure customer experiences scale right alongside that. I’ve spent my career demystifying daunting but important topics in finance, technology, and real estate, and at Ethos, I see a clear opportunity to do that with life insurance so more families can have peace of mind,” Lantz said in a statement.
Ethos created a tech platform that aims to make it easier to buy life insurance. It uses predictive analytics to ensure people are getting the right coverage without overpaying. Co-founder Lingke Wang launched the company in 2016 with now-CEO Peter Colis after being upsold on a life insurance policy he didn’t need. Four years later, the company is valued at nearly $500 million.
