Hippo Insurance

insurtechonline first insurance

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 05/04/2021

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About

Hello! Were a new home insurance company thats changing the way people safeguard their most important asset. Weve reimagined the traditional homeowners insurance policy, removed things that didnt make sense, updated the necessities and increased coverage for contemporary needs (things like smartphones, electronics and home office equipment). Plus, everything is online, everything is easy and it only takes a few minutes to get started.

MEDICI Analysis

Hippo is an online platform providing home insurance product. The company has received regulatory approval by the California Department of Insurance to begin selling in California and is currently in the middle of a closed beta program as of Dec 2016. Hippo is aiming at reimagining homeowners insurance with a customer-centric model by leveraging big data, like municipal building records, and innovative technology

Focus

PRODUCTS & SERVICES

Online platform to purchase home insurance

MAIN CLIENTS

Retail Home Owners

EXISTING PARTNERSHIPS

Topa

Spinnaker

company provided insights

Traction

COMPANY TYPE:

For Profit

TRACTION COMMENT:

Hippo will continue expanding its reach to additional states throughout the year and is aiming to reach 60% of the U.S. population by the end of 2018.

Momentum

FUNDED

YES

NUMBER OF FUNDING ROUNDS

7

TOTAL FUNDING

$359 M

DATE OF LAST FUNDING

Nov 2020

IPO STATUS

Private

TOTAL FUNDING COMMENT

The company will use the funds to accelerate growth and continue to disrupt an industry. (Nov. 2018)

ESTIMETED REVENUE RANGE

$50M to $100M

SEED CLOSED ON

May 2016

FUNDING SERIES

SERIES A  · $14 M  · Dec 2016

SERIES B  · $25 M  · Jan 2018

SERIES C  · $70 M  · Nov 2018

SERIES D  · $100 M  · Jul 2019

SERIES E  · $150 M  · Jul 2020

LISTED

NO

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

142,264

AVERAGE VISITS (6 MONTHS)

179,651.12

MONTHLY VISITS GROWTH

-17.06%

VISIT DURATION

399

VISIT DURATION GROWTH

2.32%

PAGE VIEWS VISIT

6.98

PAGE VIEWS VISIT GROWTH

-6.79%

BOUNCE RATE

24.45%

BOUNCE RATE GROWTH

-0.53%

GLOBAL TRAFFIC RANK

175,586

MONTHLY RANK CHANGE

1,320

MONTHLY RANK GROWTH

0.76%

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