Ethos announced a seed investment of $6M to become the gold-standard platform enabling financial institutions and fintechs to manage model risk with confidence. The funding round was led by Canapi Ventures, with participation from Capital One Ventures and Better Tomorrow Ventures.

Ethos is revolutionizing model risk management for the financial sector through its modern, purpose-built platform. Founded in 2023 by tech veterans Jett Oristaglio and Mike Fotinakis, the New York-based company helps banks and fintechs deploy models that make critical decisions while effectively mitigating risk and maintaining regulatory compliance. Ethos has obtained SOC 2 certification, showcasing their commitment to security and compliance.