Hippo is a technology-enabled homeowners insurance company that leverages AI and digital capabilities to streamline the policy underwriting and claims process. The company operates through an online platform offering homeowners insurance coverage with a focus on speed, transparency, and competitive pricing.
Hippo Insurance is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
600–610
Total Funding
$709M
6 rounds
Last Private Valuation
$1.5B
Nov 24, 2020
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $709M across 6 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Nov 24, 2020 | Series F | $350M | $1.5B | Not disclosed |
| Jul 21, 2020 | Series E | $150M | $1.5B | FinTLV |
| Jul 24, 2019 | Series D | $100M | $1B | Bond Capital |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series D
$1B
Jul 2019
Hippo Insurance today
$1.5B
Nov 2020 · latest mark
Hippo Insurance multiple
1.5x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Lemonade
Digital insurance platform offering homeowners, renters, and condo insurance with AI-powered claims processing
Kin Insurance
Homeowners insurance provider focused on digital experience and competitive rates
Openly
Home insurance provider offering policies through independent agents with focus on replacement costs
State Farm Insurance
Traditional insurance provider with comprehensive homeowners insurance offerings
USAA
Insurance provider serving military members and their families, including homeowners coverage
Chubb
Premium insurance provider offering high-net-worth homeowners and specialty coverage
Hippo completed a business combination with Reinvent Technology Partners Z on August 2, 2021, and began trading on the New York Stock Exchange under ticker HIPO. The company received $638M in net proceeds. Early trading saw significant volatility with the stock losing over 50% of its value within two weeks, dropping from $5B valuation to ~$2.3B.
Hippo Insurance shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker to place an order.
Hippo Insurance had a valuation of approximately $1.5B at the time of its public offering. Current market capitalization fluctuates with the share price.
Hippo Insurance raised $709M across 6 disclosed funding rounds prior to its public listing.
Hippo Insurance was co-founded by Assaf Wand, and Eyal Navon in 2015.
Hippo Insurance is headquartered in San Jose, CA, United States.
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