Tech Company Financing Transactions
Hippo Funding Round
On 11/25/2020, Hippo raised $350 million in funding from Mitsui Sumitomo Insurance.
Transaction Overview
Company Name
Announced On
11/25/2020
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The investment will support Hippo's product roll out in additional states, to reach 95 percent of the U.S. homeowners population in the next year, as well as providing additional capital for its insurance and reinsurance companies.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
P.O. Box 390068
Mountain View, CA 94039
USA
Mountain View, CA 94039
USA
Phone
Website
Email Address
Overview
Hippo is home insurance for the modern household. Founded in 2015 by Assaf Wand and Eyal Navon, Hippo is a first-of-its kind, entirely online home insurance product designed around the needs of the modern household. Hippo is headquartered in Mountain View, CA.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeroen Verberg
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Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are derived from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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