Ethos raises $22.75M from a16z for AI-powered expert network with voice onboarding
Ethos, a startup based in London and established in 2024, has secured $22.75 million in a Series A funding round, primarily spearheaded by a16z, with contributions from firms like General Catalyst and XTX Markets. The company, co-founded by former McKinsey and Softbank consultant James Lo and DeepMind's Daniel Mankowitz, employs artificial intelligence and voice interviews to connect businesses with experts. Unlike conventional platforms, Ethos evaluates public data such as blogs and academic articles. Targeting hedge funds and private equity firms, they charge a minimum project fee of 30% and aim for significant annual revenue growth while operating with just eight team members.
Key facts
- Ethos raised $22.75 million in Series A funding led by a16z.
- Other investors include General Catalyst, XTX Markets, Evantic Capital, and Common Magic.
- The company uses AI and voice-based onboarding to match experts with companies.
- Ethos was founded in 2024 by James Lo and Daniel Mankowitz.
- James Lo previously worked at McKinsey and Softbank.
- Daniel Mankowitz was an AI researcher at DeepMind.
- Ethos charges a per-project fee of 30% or more.
- The company is on track for eight-figure annualized revenue.
- Roughly 35,000 experts join the platform each week.
- Clients include top hedge funds, private equity firms, AI labs, and enterprise consultancies.
Entities
Institutions
- Ethos
- a16z
- General Catalyst
- XTX Markets
- Evantic Capital
- Common Magic
- GLG
- Third Bridge
- Alphasights
- McKinsey
- Softbank
- DeepMind
- YouTube
- TechCrunch
Locations
- London
- United Kingdom