Last updated 2026-09-04
- Went public on NYSE (HIPO), Aug 2021
- Raised $550M Follow-on PO, Jul 2021
- Raised $125M debt round, May 2023
Total raised
$1.1B
Last: PIPE 2021-03
Stage
Public
Founded
2015
Headcount
540
HQ
Palo Alto, United States
Sector
Insurance
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 · $1.1B total
9 events/rounds · $1.1B Total Funding: $209.0M in Private Equity, $750.0M in Public Equity, $125.0M in Debt
May 2023
Debt Financing
$125.0M
EDGAR filing SEC-EDGAR filing SEC-EDGAR
Dec 2022
Follow-on PO
Undisclosed
EDGAR filing SEC-EDGAR filing SEC-EDGAR
Jul 2021
Follow-on PO
$550.0M
EDGAR filing SEC-EDGAR filing SEC-EDGAR
Nov 2020
Follow-on PO
$200.0M
EDGAR filing SEC-EDGAR filing SEC-EDGAR
Jul 2019
D Round
$100.0M
wikipedia.org
Nov 2018
C Round
$70.0M
wikipedia.org
★ Fifth Wall★ GGV Capital★ Felicis Ventures★ Comcast Ventures★ Horizons Ventures★ Abstract Ventures★ Lennar Corporation★ Aquiline Technology GrowthMunich ReRPM VenturesZeev VenturesHorizon VenturesPipeline Ventures
Jan 2018
★ Munich Re★ GGV Capital★ Comcast Ventures★ Abstract Ventures★ Horizons Ventures★ Pipeline Ventures★ Aquiline Technology Growth★ Fifth Wall VenturesFifth WallRPM VenturesZeev Ventures
Dec 2016
★ Pete Flint★ GGV Capital★ RPM Ventures★ Warren Hogarth★ Mark Lefanowicz★ Pipeline Capital★ Horizons Ventures★ Propel Venture PartnersJosh StechLouis BerylJacob GibsonRamtin NaimiSoo Boon KohMatt HumphreyChristopher Hill
Headcount over time
540 employees (2026-09) · 1 point
Offices
Palo Alto, United States · HQ / main office
Show all offices (1 more)
- San Jose, United States
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 · 10
Assaf Wand
Founder · Executive Chairman
Eyal Navon
Founder · Co-Founder
Richard McCathron
President & CEO
Jo Overline
Chief Technology Officer
Laura Boettcher
Chief Operating Officer
Peter Piotrowski
Chief Claims Officer
Stewart Ellis
Chief Financial Officer
Jason Ley
Chief Insurance Officer
Robin Gordon
Chief Data Officer
Kelly Wolf
Chief Human Resources Officer
Sectors & technology
Primary sector
Insurance
Target customers
Business model
Direct-to-consumerInsurance-as-a-Service
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 |
| Wikidata | wikidata.org/wiki/Q140870160 |
Identifiers & details
| Legal name | Hippo Holdings Inc. |
|---|---|
| Founded | 2015-1 |
| Employees (exact) | 540 |
| Offices | San Jose |
| Market cap | $734.6M |
| Status reason | Public on NYSE on Aug, 2021; |
| Wikidata QID | Q140870160 |
Acquisitions & public offerings
| Type | Date | Exchange | Ticker | Amount |
|---|---|---|---|---|
| SPAC | 2021-08 | NYSE | HIPO |
Radar intelligence
Open jobs — greenhouse
| Total open | 28 |
|---|---|
| Remote | 0 |
| By department | Claims (4), Underwriting (3), Product (4), Data & Analytics (1), Marketing (2), Legal (5), Enterprise Portfolio Management (1), Accounting (1), Insurance Product Management (2), IT (2), Corporate Overhead (2), Engineering (1) |
| By location | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States (9), Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States (6), Austin, Texas, United States (6), Austin, Texas, United States; Dallas, Texas, United States (2), Morristown, New Jersey, United States (2), Austin, Texas, United States; Morristown, New Jersey, United States (1), Dallas, Texas, United States (2) |
| Title | Location | Department |
|---|---|---|
| Claims Program Manager – Spinnaker | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States | Claims |
| Claims Examiner – Spinnaker | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States | Claims |
| Associate Program Manager | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States | Underwriting |
| Liability & Litigation Adjuster | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States | Claims |
| Senior Product Manager, Underwriting | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States | Product |
| Senior Product Manager, Insurance Products | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States | Product |
| Director, Program Business | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States | Underwriting |
| Product Manager, Marketing Technology & Acquisition | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States | Product |
| Lead Product Manager, Quoting & Distribution | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States; San Jose, California, United States | Product |
| Data Analyst | Austin, Texas, United States | Data & Analytics |
| Lifecycle Marketing Operations Manager | Austin, Texas, United States | Marketing |
| Contracts Attorney | Austin, Texas, United States; Dallas, Texas, United States; Morristown, New Jersey, United States | Legal |
Patents
| EPO | 11 |
|---|
Web history (Wayback)
| Domain | hippo.com |
|---|
Wikidata
| QID | Q140870160 |
|---|
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 |