• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    CA
    Last Update:
    27 Jun, 2019
    Phone:
    +1 888-263-3917
    Global presence:
    United States

Description

FOCUS

PRODUCTS & SERVICES:
Online platform to purchase home insurance
MAIN CLIENTS:
Retail Home Owners
EXISTING PARTNERSHIPS:
Topa, Spinnaker

PEOPLE

FOUNDERS:
Assaf Wand, Eyal Navon
Board Members and Advisors:
David Wind, Frances Kang
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Felicis Ventures, Lennar, Fifth Wall Ventures, Comcast Ventures, Horizons Ventures, GGV Capital, RPM Ventures, Propel Venture Partners, Pipeline Capital Partners, Munich Re, Sinai Ventures, Aquiline Capital Partners, Moderne Ventures, Abstract Ventures, zeevventures.com, atgvc.com Angel Investors: Pete Flint, Warren Hogarth, Jacob Gibson, Matt Humphrey, Louis Beryl, , Soo Koh, Mark Lefanowicz, Josh Stech, Ramtin Naimi
KEY EMPLOYEES:
Assaf Wand(CEO); Eyal Navon(CTO); Assaf Wand(CEO)

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
TOTAL FUNDING:
$109 Million
DATE OF LAST FUNDING:
Nov 2018
TOTAL FUNDING COMMENT:
The company will use the funds to accelerate growth and continue to disrupt an industry. (Nov. 2018)
FUNDING SERIES:
SERIES A
$14 Million Closed: Dec 2016
SERIES B
$25 Millions Closed: Jan 2018
SERIES C
$70 Millions Closed: Nov 2018
LISTED:
NO

LATEST RESEARCH