ethic.comFinTech / Capital MarketsFounded: 2015Funding to Date: $109.89MM
Ethic is a technology platform designed to optimize a users' wealth management. Ethic's solutions are personalized for a users' specific investment goals and cover financial analysis, portfolio creation and management, and ongoing insights. The firm works closely with wealth advisors, custodians, and investment banks to further develop and optimize its platform and offerings.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
09/14/2022 | Series C-1 | $8MM | $xx.xx | $510.85MM | UBS Next, Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital | |
Price per Share
$xx.xx
Shares Outstanding
837,278
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
UBS Next, Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital
|
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09/14/2022 | Series C | $50MM | $xx.xx | $510.85MM | UBS Next, Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,232,972
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
UBS Next, Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital
|
||||||
03/30/2021 | Series B | $29MM | $xx.xx | $142.2MM | Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital | |
Price per Share
$xx.xx
Shares Outstanding
9,018,254
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Oak HC/FT, Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital
|
||||||
06/10/2019 | Series A-7 | $2.3MM | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,512,033
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-6 | $2.29MM | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,505,803
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-5 | $499,968 | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
684,794
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-4 | $1.43MM | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,937,771
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-3 | $249,990 | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
586,970
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-2 | $125,000 | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
1,298,030
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|
||||||
06/10/2019 | Series A-1 | $16MM | $xx.xx | $70.16MM | Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners | |
Price per Share
$xx.xx
Shares Outstanding
7,988,007
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Sound Ventures, Urban Innovation Fund, Kapor Capital, ThirdStream Partners
|