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Ethic

Ethic develops technology that helps wealth advisors.
Ethic develops technology that helps wealth advisors.
Asset Management 📍 New York, NY Founded 2016
Current Valuation
$500M
as of 2022-Q3
PRIVATE

QL Price

$296.2M
-41% vs last round
QuantLogix's current estimate for Ethic, published 2026-09-27 — below the last disclosed round of $500M (2022-Q3).
Confidence
medium
Basis
secondary led
What backs this price
Last disclosed round $500M 2022-Q3 weight 0.06
Secondary market print $274M 2026-06-27 weight 0.58
How this price has held up
No round has priced for Ethic since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Ethic →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Ethic, 2026-09-27 (b11e98a156c608a8). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is Ethic going public?
No. Ethic is private and has not filed to go public. There is no S-1 on file.
What is Ethic's valuation in 2026?
Ethic is valued at $500M as of 2022-Q3, set by its Series C ($50M, Sep 2022). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Ethic filed an S-1?
No public S-1 is on file for Ethic.
How much has Ethic raised?
Ethic has raised $99.29M in total, most recently a Series C of $50M in Sep 2022.
Is Ethic publicly traded — can you buy Ethic stock?
No. Ethic is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Ethic on its Pre-IPO Access Desk.
How to actually get exposure to Ethic →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

Founded
2016
HQ
New York, NY
Employees
141
Total Raised
$99.29M
Last Round
Series C — $50M (Sep 2022)
IPO Status
private

Fundraising Status

Series C · $50M · 4y ago
privateTotal raised $99.29M

Secondary Market

Implied price / share
$5.23
Last round price / share
$9.55
vs last round
-45.2%
Last round price vs secondary price
Last round vs current secondary price per share$9.55Last round$5.23Current
Secondary price return by period
Secondary market period returns3-month0.0%6-month0.0%1-year-38.5%All-time-47.7%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series C$50MSep 2022—$500M

Talent Signal

Hiring trend
▲ Hiring uptrend
+100% vs 2026-08
Open roles
4
via greenhouse
Product-build share
25%
engineering, research, product, design
Trajectory
expanding
balanced build + GTM — 25% builders vs 75% go-to-market/G&A — scaling both sides.
No tracked executive churn; open roles trending up.
Open roles by month
Open roles by month2Aug '264Sep '26
Open roles by function
Open roles by functionOther3Product1
■ product-building   ■ go-to-market / G&A
Product Manager (Sustainability)Client Success AssociateDirector of Portfolio ManagementPortfolio Manager
Counted from Ethic's live job board as of 2026-09-14; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
FinanceFinTechFinancial ServicesImpact InvestingSustainability
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q3. Refreshed quarterly.