Sequoia

Sequoia, Accel-backed Ethos Technologies eyes $1.3 billion valuation in US IPO

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Jan 20 (Reuters) – Ethos Technologies, backed by venture capital firms Accel and Sequoia, said on ​Tuesday it was targeting a valuation of up to $1.26 billion ‌in its U.S. initial public offering, as the insurance IPO momentum extends into 2026. The life insurance technology company and some of its existing shareholders are seeking up … Read more

Sequoia to invest in Anthropic, breaking VC taboo on backing rivals: FT|BREAKING:

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Sequoia Capital is reportedly joining a blockbuster funding round for Anthropic, the AI startup behind Claude, according to the Financial Times. It’s a move sure to turn heads in Silicon Valley. Why? Because venture capital firms have historically avoided backing competing companies in the same sector, preferring to place their bets on a single winner. … Read more