About Ethic
Ethic is a company based in New York (United States) founded in 2015 by Jay Lipman, Doug Scott, and Johny Mair. Ethic has raised $182.82 million across 8 funding rounds from investors including Fidelity Investments, UBS and State Street Global Advisors. Ethic offers products and services including Separately Managed Accounts, Unified Managed Accounts, and Model Portfolios. Ethic operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others.
- Total Equity Funding$182.82M (USD)
in 8 rounds
- Latest Funding Round$64M (USD), Series D
Apr 2025
- InvestorsFidelity Investments
& 12 more
Products & Services of Ethic
Ethic offers a comprehensive portfolio of products and services, including Separately Managed Accounts, Unified Managed Accounts, and Model Portfolios.
Personalized portfolios aligned with values and tax objectives.
Portfolios unifying strategies like direct indexing and funds.
Diversified allocations targeting specific investment objectives.
Funding Insights of Ethic
Ethic has successfully raised a total of $182.82M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $64 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $182.82M
- Total Rounds 8
- Last Round Series D — $64M
- Investors Count 13
All 8 funding rounds of Ethic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2025 | $64M | Series D | – | State Street Global Advisors | – |
| Sep 2022 | $50M | Series C | – | Kapor Capital, UBS | |
| Mar 2021 | $29M | Series B | – | Oak HC/FT | |
| Jul 2019 | $13M | Series A | – | Nyca Partners | |
| Jun 2019 | $19.89M | Series A | – | – | |
| Oct 2018 | $6.8M | Seed | – | – | |
| Apr 2016 | $125,000 | Seed | – | – | |
| Jan 2016 | – | Seed | – | 500 Global | – |
13 investors in total: 12 institutional and 1 angel.
Investors in Ethic
Ethic has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, UBS and State Street Global Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed stage venture capital firm investing in US | – | kaporcapital.com | Oakland, United States | |
Investments are made in early-stage healthtech and fintech startups. | – | oakhcft.com | Stamford, United States | |
Tech focused early stage VC firm investing in the US | – | nyca.com | New York, United States | |
Seed-stage sector-agnostic VC firm investing primarily in the US | – | urbaninnovationfund.com | San Francisco, United States | |
Venture capital firm focused on multiple sectors | – | soundventures.com | - | |
Stage-agnostic tech-focused VC firm investing primarily in the US | – | thirdstreampartners.com | San Francisco, United States | |
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
Diversified investment management services are provided globally. | 1978 | ssga.com | Boston, United States | |
Financial services are provided globally by UBS for wealth management. | 1862 | ubs.com | Zurich, Switzerland | |
Provides comprehensive wealth management services, including portfolio advisory and financial planning. | 2017 | jordanpark.com | San Francisco, United States |
Investor details for Ethic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ethic
39 people are tracked at Ethic (23 in leadership, 16 in team).
| Name | Role | Group |
|---|---|---|
Jay Lipman | Co-Founder | Leadership |
Doug Scott | Co-Founder & CEO | Leadership |
Johny Mair | Co-Founder | Leadership |
Aakash Sharma | Chief Compliance Officer | Leadership |
Blair Z. | Associate Director | Leadership |
Kamel B. | CTO | Leadership |
Amlan Sengupta | Head of Product & Engineering Delivery | Leadership |
Alex Laipple | Chief Growth Officer | Leadership |
Christine Galeon | Head Of Investment Management | Leadership |
Michelle Sze | Engineering Director | Leadership |
Anthony Marcozzi | Head Of Business Development | Leadership |
Benjamin Bertram Goldman | Director Of Marketing | Leadership |
Aleksandr Itskovich | Director | Leadership |
Kellen Parker | Head Of Sustainability | Leadership |
Kelly Mahoney | General Manager & Head Of Institutional | Leadership |
Diogo Rodrigues | Director Of Finance | Leadership |
Rob Wilson | Director Of Investment Strategy | Leadership |
Shusuke Y. | Director Of Engineering | Leadership |
Andrew Derstine | Director Of Investment Operations | Leadership |
David Sternlicht | Head Of Expansions | Leadership |
19 more people are available in the full profile.
Complete people profiles for Ethic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ethic
3 dated milestones of Ethic across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Ethic is founded.
- Funding First funding round.
- Funding Latest funding round, Series D, of $64.0M.
Competitors of Ethic
Ethic operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fidelity Investments, Investec, Morgan Stanley, Northwestern Mutual and Principal, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fidelity.com | 1946 | Boston, United States | $517.99M | 24,000 | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | |
| investec.com | 1974 | London, United Kingdom | – | 9,444 | Global banking, investment, and wealth management services are offered worldwide. | |
| morganstanley.com | 1935 | New York, United States | – | 49 | Wealth management, investment advisory, and financial services are provided. | |
| northwesternmutual.com | 1857 | Milwaukee, United States | – | 6,661 | Northwestern Mutual is engaged in financial planning and insurance services. | |
| principal.com | 1879 | Des Moines, United States | – | 19,800 | Retirement, investment, and insurance products and services are provided. | |
| guggenheimpartners.com | 1999 | New York, United States | $21M | 2,043 | Asset management and investment advisory services are provided to clients. | |
| spglobal.com | 1917 | New York, United States | $8M | 5,000 | Platform offering business intelligence solutions that combine data and actionable analytics for clients | |
| fnz.com | 2003 | London, United Kingdom | $1.9B | 954 | Wealth management solutions are delivered for asset managers. | |
| wealthenhancement.com | 1997 | Minneapolis, United States | $1.91M | 1,277 | Diversified investment management services are provided to clients. | |
| bankofamerica.com | 1904 | Charlotte, United States | – | 208,000 | Commercial banking and asset management services are offered worldwide. |
Detailed competitors of Ethic
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Ethic
The website of Ethic (ethic.com) receives about 12.5K visits a month.
- Monthly visits12.5K
▼ 1% vs previous month
Websites whose visitors overlap most with Ethic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
banking.chase.com | banking.chase.com | 100% | – | – | – |
| wealthmanagement.com | 66% | 206.6K | #257,816 | View details |
Latest news on Ethic
Complete news archive for Ethic
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Ethic
10 companies that operate in the same segment as Ethic (Asset Management), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | Boston, Massachusetts, United States | USD 517.99 M | – | – | |
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | – | – | – | |
Global banking, investment, and wealth management services are offered worldwide. | 1974 | London, England, United Kingdom | – | USD 6.37 B | 7,550 | |
Insurance, banking, and wealth management services are provided worldwide. | 1816 | Paris, France | – | USD 128.35 B | 100,040 | |
Diversified investment management services are offered across multiple asset classes. | 2001 | Rio De Janeiro, Rio De Janeiro, Brazil | USD 273 M | – | – | |
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | – | USD 126.21 B | 46,500 | |
Universal banking and financial advisory services are provided globally. | 1865 | London, England, United Kingdom | – | USD 141.4 B | 211,000 | |
Insurance and asset management services are offered in multiple regions. | 1696 | London, England, United Kingdom | – | USD 78.79 B | 29,090 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India | – | – | – |
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Frequently Asked Questions about Ethic
Ethic was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Ethic is headquartered in New York, United States. It is registered at New York, New York, United States.
Doug Scott is the current CEO of Ethic. They have also founded this company.
Ethic is a funded company, having raised a total of $182.82M across 8 funding rounds to date.
Ethic was founded in 2015 and is headquartered in New York, United States. Investment management services are offered, focusing on portfolio strategies for institutional and individual clients. Operations are centered in the asset management industry, with leadership provided by co-founders Jay Lipman, Doug Scott as CEO, and Johny Mair. Geographic emphasis is placed on the U.S. market, supporting ethical and sustainable investment approaches.
Ethic's top competitors include Fidelity Investments, Investec and S&P Global.
Ethic offers Separately Managed Accounts, Unified Managed Accounts, and Model Portfolios.
Ethic has 13 investors. Key investors include Fidelity Investments, UBS, State Street Global Advisors, Kapor Capital, and Oak HC/FT.
Ethic operates through Ethic Inc.