Ethic

Financial ServicesNew York, New York, United StatesFounded 2015145 employees$163M raised

Ethic is a New York-based investment adviser managing over $10 billion in assets and working with more than 350 advisors and institutions. Founded in 2015, it has raised $163 million, most recently in a Series D round in April 2025.

8
8 companies were started by ex-Ethic people.
+35%
Engineering is Ethic's fastest-growing team over the past year, now 23 people.
+50%
Open roles are up 50% year over year, at 3 today.
Employees
145
Total raised
$163M
Last: Series D
Open roles
3
+50% vs last year
Site visitors
11K
per month
Alumni founders
8
companies started

The growth story

Ethic headcount and funding145 people today
146$50M$64M145202120222023202420252026
Data by CrustdataCrustdata

Ethic grew from 66 to 145 employees between 2021 and 2026, raising $163M along the way, most recently a Series D in April 2025.

About

Ethic provides customized investment solutions for advisors and institutions, operating as an SEC-registered investment adviser. Its platform focuses on delivering tailored investment strategies to meet client needs.

The company manages $10 billion in assets and partners with over 350 advisors and institutions. It has raised $163 million in funding, including a Series D round in 2025, and employs 145 people.

Founders and leadership

Ethic's largest function is engineering, with 7 employees in that role. The company is led by a team with backgrounds in finance and technology, reflecting its focus on investment solutions.

The Ethic org chart

Doug Scott (CEO & Co-founder) leads 53 mapped leaders with 7 direct reports. Click +N to expand a team; names link to the person’s public profile.

Departments, and which ones grew

Headcount by functiongrowth vs 12 months ago
EEngineering
23+35%
BBusiness Development
210%
FFinance
14-18%
OOperations
13-7%
AAdministrative
8+14%
PProduct Management
7+17%
IInformation Technology
6+50%
CCommunity and Social Services
50%
MMarketing
50%
Data by CrustdataCrustdata

Headcount by function: Engineering 23 (+35% YoY), Business Development 21 (0% YoY), Finance 14 (-18% YoY), Operations 13 (-7% YoY), Administrative 8 (+14% YoY), Product Management 7 (+17% YoY).

Talent flow

Ethic's employees primarily come from major financial institutions like Morgan Stanley, Goldman Sachs, and JPMorgan Chase. Alumni have moved to companies such as Resilience, Fidelity Investments, and Merrill Lynch.

Where Ethic people come from, and where they go76 current + 91 former profiles
9 people: Morgan Stanley → Ethic8 people: Goldman Sachs → Ethic4 people: JPMorganChase → Ethic4 people: UBS → Ethic3 people: Deutsche Bank → Ethic3 people: Publicis Sapient → Ethic3 people: BlackRock → Ethic2 people: ImageBrief → Ethic4 people: Ethic → Resilience3 people: Ethic → Fidelity Investments1 people: Ethic → Merrill Lynch1 people: Ethic → Eagle1 people: Ethic → ResilienceAI1 people: Ethic → The BioFi Project1 people: Ethic → EverMind1 people: Ethic → United Nations Global CompactEthic145 peopleCAME FROMWENT TOMorgan Stanley9 peopleGoldman Sachs8 peopleJPMorganChase4 peopleUBS4 peopleDeutsche Bank3 peoplePublicis Sapient3 peopleBlackRock3 peopleImageBrief2 peopleResilience4 peopleFidelity Investments3 peopleMerrill Lynch1 peopleEagle1 peopleResilienceAI1 peopleThe BioFi Project1 peopleEverMind1 peopleUnited Nations Glob…1 people
Data by CrustdataCrustdata

Most common previous employers of Ethic staff: Morgan Stanley (9), Goldman Sachs (8), JPMorganChase (4), UBS (4), Deutsche Bank (3), Publicis Sapient (3). Former Ethic employees most often moved to Resilience (4), Fidelity Investments (3), Merrill Lynch (1), Eagle (1), ResilienceAI (1), The BioFi Project (1).

Alumni worth knowing

The Ethic mafia

Ethic alumni have founded 8 companies, including The BioFi Project, Resilience, and Eagle, which collectively employ over 50 people.

Samantha PowerJay LipmanMayank MardiaSarah Donnelly PatelJayson JacobsTodd Arthur Bridges8
founders left Ethic and started 8 companies, employing 46 people between them

14 employees
Samantha Power, was Advisor until 2024
11 employees
Jay Lipman, was Co-Founder & President until 2025
9 employees
Mayank Mardia, was Product Manager until 2024
7 employees
Sarah Donnelly Patel, was Head Of Operations, Head of Business Impact Solutions until 2023
3 employees
Jayson Jacobs, was Senior Web Engineer until 2018
1 employees
Todd Arthur Bridges, was Head of Research & Development until 2017
1 employees
Ashley Rivera, was Product Marketing Lead until 2021
Daniel P Petrozzo, was Board Member until 2024

Hiring now

Product Manager, Sr. Associate (Sustainability)Product Manager, Senior AssociatePortfolio Manager

Web traffic

ethic.com monthly visitors+30% month over month
5,86317,80029,73611,116202420252026
Data by CrustdataCrustdata

Traffic mix: 43% direct, 19% search, 28% social, 0% paid.

What this company is made of

Headcount by skillwhat people list on their profiles
MMicrosoft Excel
29
MMicrosoft Office
24
SStrategy
22
RResearch Skills
21
PProject Management
21
PPublic Speaking
21
LLeadership
21
PPython (Programming Language)
20
MManagement
19
AAnalytical Skills
18
Data by CrustdataCrustdata

Most common skills at Ethic: Microsoft Excel (29), Microsoft Office (24), Strategy (22), Research Skills (21), Project Management (21), Public Speaking (21), Leadership (21), Python (Programming Language) (20).

Where the team actually sits

Headcount by regionHQ: New York, New York, United States
NNew York, United States
40
NNew York City Metropolitan Area
14
UUnited States
5
CCalifornia, United States
3
CColorado, United States
2
LLos Angeles Metropolitan Area
2
GGreater Chicago Area
1
GGreater Philadelphia
1
Data by CrustdataCrustdata

Ethic people are concentrated in New York, United States (40), New York City Metropolitan Area (14), United States (5), California, United States (3).

Search footprint

Organic clicks
5,290
per month
Traffic worth
$5K
if bought as ads
Ranking keywords
749

Ethic attracts about 5,290 organic search visits a month, traffic worth roughly $5K a month if bought through ads. It gained 84 ranking keywords and lost 110 in the last period.

Frequently asked

How many employees does Ethic have?

Ethic has 145 employees as of September 2026.

How much has Ethic raised?

Ethic has raised $163M in total, most recently a Series D round in April 2025.

Who founded Ethic?

Ethic was founded in 2015 by Doug Scott, Johny Mair.

Who is the CEO of Ethic?

Doug Scott (CEO & Co-founder) sits at the top of Ethic's reporting structure, with 7 direct reports.

Where does Ethic hire from?

The most common previous employers of current Ethic staff are Morgan Stanley (9 people), Goldman Sachs (8 people), JPMorganChase (4 people).

Where do Ethic employees go after leaving?

Former Ethic employees most often move to Resilience (4), Fidelity Investments (3), Merrill Lynch (1).

What companies were founded by ex-Ethic employees?

At least 8 companies have a founder who previously worked at Ethic, including The BioFi Project, Resilience, Eagle.

How much traffic does Ethic get from search?

Ethic attracts about 5,290 organic search visits a month, worth roughly $5K a month in equivalent ad spend.

What skills do people at Ethic have?

The most common skills among Ethic staff are Microsoft Excel, Microsoft Office, Strategy, Research Skills, Project Management.

Where is Ethic's team located?

Ethic staff are concentrated in New York, United States (40), New York City Metropolitan Area (14), United States (5).

How big is Ethic's engineering team?

Ethic has about 23 people in Engineering, up 35% over the past year, as of September 2026.

How big is Ethic's business development team?

Ethic has about 21 people in Business Development, up 0% over the past year, as of September 2026.

Computed from 76 current and 91 former Ethic profiles, as of September 2026. Source: Crustdata.

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