Last updated 2026-07-27
- Went public on NYSE (HIPO), Aug 2021
- Raised $350M Series F led by MS&AD Ventures, Oct 2020
- Raised $150M Series E led by Bond, Jun 2020
Total raised
$721.5M
Last: PIPE 2021-03
Stage
Public
Founded
2015
Headcount
516
HQ
Palo Alto, United States
Sector
Fintech & Insurtech
About
Hippo is a U.S.-focused property and casualty insurance group built around homeowners insurance, distribution, and insurance infrastructure. Founded in 2015, Hippo started as a technology-enabled home insurer and has evolved into a broader platform with three distinct engines: the Hippo Home Insurance Program for consumer home coverage, an Insurance-as-a-Service business built around carrier and program capabilities, and a Services segment that includes the First Connect digital distribution platform. Hippo aims to make homes safer and better protected by taking a proactive approach designed to prevent losses. They offer intuitive and proactive home insurance by taking a smarter, tech-driven approach, bundling modern coverage with smart home technology, and offering access to Hippo Home Care. Hippo's platform allows customers to purchase insurance in five minutes or less by using data acquired from public records, thermal readings, satellite images and more.
Funding history · 8 rounds · $721.5M total
2021-07
Follow-on PO
Undisclosed
2020-10
F Round
$350.0M
★ MS&AD Ventures
2020-06
E Round
$150.0M
★ Bond★ Oren Zeev★ Fifth Wall★ RPM Ventures★ FinTLV Ventures★ Comcast Ventures★ Propel Venture Partners★ Pipeline Capital PartnersLenXVine VenturesHorizons Ventures
2019-05
D Round
$100.0M
★ BondLenXOren ZeevRPM VenturesICONIQ GrowthFinTLV VenturesComcast VenturesRonald Lauder Ventures
2018-10
C Round
$70.0M
★ Felicis VenturesLenXOren ZeevNFX CapitalRPM VenturesOren DobronskyComcast VenturesMunich Re / HSB VenturesAquiline Technology Growth
2017-12
B Round
$25.0M
★ Fifth Wall★ Comcast VenturesRPM VenturesPlug and PlayMount Sinai Ventures
2016-12
A Round
$14.0M
★ Horizons VenturesRPM VenturesNotable CapitalModerne VenturesAbstract VenturesPropel Venture Partners
2016-04
Seed
$12.5M
★ Kli Capital★ RPM Ventures
Headcount over time
From 513 (2021-08) to 607 (2026-03) · +94 (+18%) · 19 points · source: Finder history + radar grounding
Q&A
- What is Hippo Insurance's primary focus as a public company?
- Hippo Insurance is a public company focused on proactive protection, offering homeowners insurance, smart home technology, and home care services.
- When did Hippo Holdings Inc. go public on the NYSE?
- Hippo Holdings Inc. went public on the NYSE in August 2021.
- What was the amount raised in Hippo Insurance's PIPE round in March 2021?
- In March 2021, Hippo Insurance raised $550,000,000 in a PIPE round.
- How many employees does Hippo Insurance currently have?
- Hippo Insurance has 516 employees, falling within the 501-1000 employee bucket.
- What was the outcome of Hippo's Q3 2024 financial results?
- In Q3 2024, Hippo reported a 65% year-over-year revenue increase to $95 million and significantly improved its loss ratios, marking a step towards profitability. The company also sold a majority stake in First Connect Insurance Services to Centana Growth Partners.
- What was a significant leadership change at Hippo in June 2022?
- In June 2022, co-founder Asaf Wand stepped down as CEO, and Richard McCathron was appointed as the new CEO. This change followed a decline in the company's value after going public.
- What was a key financial achievement for Hippo Holdings in 2025?
- Hippo Holdings achieved a significant financial turnaround in 2025, reporting a net income of $58 million, which was a $98 million improvement year-over-year, driven by a 24% increase in Gross Written Premium to over $1.1 billion.
- What strategic partnership did Hippo announce in June 2025?
- In June 2025, Hippo announced a new partnership with Baldwin Insurance Group, aiming to leverage each company's strengths in the home insurance market and significantly expand Hippo's reach.
- What was the outcome of Hippo Holdings' Q1 2025 earnings?
- In Q1 2025, Hippo Holdings reported a revenue of $110.3 million, a 30% increase from Q1 2024, but also a net loss of $47.7 million, which widened by 34% compared to the previous quarter.
- What was a notable development for Hippo's First Connect platform in March 2024?
- In March 2024, Hippo's First Connect Insurance Services reached a milestone of 100 carriers and MGAs by partnering with Hiscox USA, and also launched a new feature called Appetite Finder.
Team · 2
Assaf Wand
Founder · Founder
Eyal Navon
Founder · Founder
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Artificial IntelligenceMachine Learning
Target customers
Financial ServicesFinancial ProductsInsurance
Business model
B2CB2B
Tags
proptechartificial-intelligenceinsurtechbig-dataunicorn-2020fintech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | hippo.com/ |
|---|---|
| linkedin.com/company/10604033 | |
| facebook.com/hippo.home.insurance | |
| YouTube | youtube.com/channel/UCU52fPf9d15wilJdQEXXPxg |
Identifiers & details
| Legal name | Hippo Holdings Inc. |
|---|---|
| Founded | 2015-1 |
| Employees (exact) | 516 |
| Offices | San Jose |
| Market cap | $734.6M |
| Status reason | Public on NYSE on Aug, 2021; |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| SPAC | 2021-08 | NYSE | HIPO |
Radar intelligence
Open jobs — greenhouse
| Total open | 24 |
|---|---|
| Remote | 1 |
| By department | Legal (5), Service (2), Corporate Overhead (2), People (2), Marketing (1), Insurance Product Management (1), Underwriting (2), Sales (2), Data & Analytics (2), IT (2), Product (2), Actuarial (1) |
| By location | Austin, TX / Dallas, TX / Morristown, NJ (Hybrid) (1), Dallas, TX / Austin, TX (2), Austin, TX / Dallas, TX (2), Austin, TX / Morristown, NJ (1), Austin, TX (3), Austin, TX / Dallas, TX / Morristown, NJ / San Jose, CA (1), Dallas, TX / Austin, TX / Morristown, NJ / San Jose, CA (2), Austin, TX / Dallas, TX / Morristown, NJ / San Jose, CA (2), Austin, TX / Dallas, TX (1), Austin, Texas (1), Austin, TX / Morristown, NJ (hybrid) (1), Morristown, NJ / Austin, TX (hybrid) (1) |
| Title | Location | Department |
|---|---|---|
| Corporate Paralegal | Austin, TX / Dallas, TX / Morristown, NJ (Hybrid) | Legal |
| Service Associate | Dallas, TX / Austin, TX | Service |
| Service Associate | Austin, TX / Dallas, TX | Service |
| Senior Innovation Manager | Austin, TX / Morristown, NJ | Corporate Overhead |
| Talent Acquisition Partner (Contractor) | Austin, TX | People |
| Content Marketing Manager | Austin, TX / Dallas, TX / Morristown, NJ / San Jose, CA | Marketing |
| Sr. Manager, Insurance Product Management (Forms & Compliance) | Dallas, TX / Austin, TX / Morristown, NJ / San Jose, CA | Insurance Product Management |
| Director, Program Business | Austin, TX / Dallas, TX / Morristown, NJ / San Jose, CA | Underwriting |
| People Business Partner (HRBP) | Austin, TX / Dallas, TX | People |
| Sales Agent | Dallas, TX / Austin, TX | Sales |
| Sales Agent | Austin, TX / Dallas, TX | Sales |
| Data Analyst | Austin, Texas | Data & Analytics |
Patents
| EPO | 11 |
|---|
Web history (Wayback)
| Domain | hippo.com |
|---|
Certificate / subdomain footprint
| Subdomains | 20 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516431988 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2021-07-12 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | ערבי נחל 13 גבעתיים |