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Hippo - About the company

Hippo is a public company based in Palo Alto (United States), founded in 2015 by Assaf Wand and Eyal Navon. It operates as an Online platform for homeowners insurance. Hippo has raised $709M in funding from investors like Felicis Ventures, GGV Capital and Horizons Ventures. The company has 37 active competitors, including 12 funded and 5 that have exited. Its top competitors include companies like Kin, Steadily and FutureProof.

Sectors and market segments that Hippo operate in

Hippo serves in the FinTech, InsurTech market segments.The primary business model of Hippo are:

Company Details

Online platform for homeowners insurance. It includes coverage for house cleaners, babysitters, and more. It also offers quotes for home content inventories including water backup, protection for the gas, water & sewer connections, computers & home office equipment, and more. It also offers claims processing solutions.
Social
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Email ID
*****@hippo.com
Phone Number
+1 **********
Registered Address
Palo Alto, California
Key Metrics
Founded Year
2015
Location
Palo Alto, United States
Stage
Public
Total Funding
$709M in 6 rounds
Latest Funding Round
Ranked
Employee Count
775 as on Apr 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public

Hippo's IPO details

Hippo got listed on Jan 15, 2021.
Click here to take a look at Hippo's IPO in detail
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Hippo's funding and investors

Hippo has raised a total funding of $709M over 6 rounds. Its first funding round was on Dec 14, 2016. Its latest funding round was a Series F round on Nov 24, 2020 for $350M. 2 investors participated in its latest round. Hippo has 55 institutional investors and 11 angel investors.

Hippo's founders and board of directors

Founder? Claim Profile
The founders of Hippo are Assaf Wand and Eyal Navon.
Here are the details of Hippo's key team members:

Hippo's employee count trend

Hippo has 775 employees as of Apr 26. Here is Hippo's employee count trend over the years:
Employee count trend for Hippo
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Hippo's Competitors and alternates

Top competitors of Hippo include Kin, Steadily and FutureProof. Here is the list of Top 10 competitors of Hippo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hippo
Hippo
2015, Palo Alto (United States), Public
Online platform for homeowners insurance
$709M
73/100
2nd
Logo for Kin
Kin
2016, Chicago (United States), Series E
Online platform for homeowner insurances for individuals
$422M
66/100
3rd
Logo for Steadily
Steadily
2020, Austin (United States), Series C
Online insurance platform for rental property insurance
$90.1M
62/100
4th
Logo for FutureProof
FutureProof
2019, San Diego (United States), Series A
Online climate risk analytics platform for institutions
$9.5M
61/100
5th
Logo for Resilience
Resilience
2016, San Francisco (United States), Series D
Provider of risk management services for investment industries
$325M
59/100
6th
Logo for Openly
Openly
2017, Boston (United States), Series E
Premium home insurance provider supporting independent agents
$368M
58/100
7th
Logo for Slide Insurance
Slide Insurance
2021, Tampa (United States), Public
Provider of homeowners insurance
$100M
57/100
8th
Logo for Sola
Sola
2020, Woodbury (United States), Series A
Insurance platform for homeowners
$8M
55/100
9th
Logo for Safely
Safely
2011, Emeryville (United States), Series A
Provides ID verification solutions for vacation rentals
$20M
50/100
10th
Logo for Orion180
Orion180
2018, Melbourne (United States), Funding Raised
Online insurance platform for homeowners insurance
-
-
48/100
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Hippo's Investments and acquisitions

Hippo has acquired 3 companies including Swing, Spinnaker and Sheltr. Hippo has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 01, 2022
Acquisition
2012
Oakland (United States)
Jun 03, 2020
Acquisition
2014
Morristown (United States)
Nov 21, 2019
Acquisition
2018
San Francisco (United States)
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See all acquisitions by Hippo

News related to Hippo

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Media has covered Hippo for a total of 14 events in the last 1 year, 4 of them have been about company updates and 4 about people movement.
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FAQs about Hippo

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