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 29 active competitors, including 11 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.
- Website
- www.hippo.com/
- Social
- 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
Investors
Ranked
1st among 29 active competitors
Employee Count
623 as on Jun 30, 2026
Exit Details
Public
Legal entities associated with Hippo
Hippo is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HIPPO HOME SERVICES INC. CIN: 7580177 , United States, Active | Aug 27, 2019 | - | 207 (As on Dec 31, 2019) | - |
Hippo Enterprises Inc. CIN: 7249091 , United States, Active | Jan 21, 2019 | - | 207 (As on Dec 31, 2019) | - |
HIPPO EMPLOYEE SERVICES INC. CIN: 843080503 , United States, Active | Dec 31, 1999 | - | 342 (As on Dec 31, 2024) | - |
Hippo Analytics CIN: 475279827 , United States, Active | Dec 31, 1999 | - | 207 (As on Dec 31, 2019) | - |
Jireh Group Pte Ltd CIN: 201134851W , Singapore, Active | Dec 31, 2013 | - | - |
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.
Here is the list of recent funding rounds of Hippo:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 24, 2020 | $350M | Series F | $1.5B | - | - | |
Jul 21, 2020 | $150M | Series E | $1.5B | - | ||
Jul 24, 2019 | $100M | Series D | $1.5B | - |
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Hippo's founders and board of directors
Founder? Claim ProfileThe founders of Hippo are Assaf Wand and Eyal Navon.
Here are the details of Hippo's key team members:
- Assaf Wand: Founder and Executive Chairman of Hippo and founder of 1 other company. They are also an angel investor in 11 startups.
- Eyal Navon: Co-Founder of Hippo.
View details of Hippo's Founder profiles and Board Members
Hippo's employee count trend
Hippo has 623 employees as of Jun 26. Here is Hippo's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hippo 2015, Palo Alto (United States), Public | Online platform for homeowners insurance | $709M | 73/100 | |
2nd |  Kin 2016, Chicago (United States), Series E | Online platform for homeowner insurances for individuals | $422M | 66/100 | |
3rd | Steadily 2020, Austin (United States), Series C | Online insurance platform for rental property insurance | $90.1M | 62/100 | |
4th |  FutureProof 2019, San Diego (United States), Series A | Online climate risk analytics platform for institutions | $9.5M | 61/100 | |
5th |  Openly 2017, Boston (United States), Series E | Premium home insurance provider supporting independent agents | $368M | 59/100 | |
6th |  Slide Insurance 2021, Tampa (United States), Public | Provider of homeowners insurance | $100M | 57/100 | |
7th |  Sola 2020, Woodbury (United States), Series A | Insurance platform for homeowners | $8M | 54/100 | |
8th | Safely 2011, Emeryville (United States), Series A | Provides ID verification solutions for vacation rentals | $20M | 50/100 | |
9th |  Orion180 2018, Melbourne (United States), Funding Raised | Online insurance platform for homeowners insurance | - | - | 49/100 |
10th | MGIC 1957, Milwaukee (United States), Public | Internet first provider of mortgage insurance services | - | - | 49/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Hippo's competitors? Click here to see the top ones
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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Reports related to Hippo
Here is the latest report on Hippo's geography:
News related to Hippo
Filter this listMedia has covered Hippo for a total of 16 events in the last 1 year, 5 of them have been about people movement and 4 about company updates.
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Hippo Appoints its EVP & Chief Strategy Officer Stewart Ellis to Its Board of DirectorsPR Newswire•Apr 22, 2026•Hippo
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Hippo, Progressive Embark on Strategic Distribution RelationshipInsurance Journal•Mar 20, 2026•Hippo, Progressive Insurance
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Mesh Security Secures $12M to Expand Cybersecurity Mesh Execution PlatformSiliconAngle•Jan 28, 2026•Mesh Security, Hippo, Paychex, SentinelOne and 3 others
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Hippo posts Q3 strong turnaround and updates full-year guidanceInsurance Business America•Nov 06, 2025•Hippo
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Hippo reports $98M net income in Q3 2025, driven by premium growth and improved underwritingReinsurance News•Nov 05, 2025•Hippo
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FAQs about Hippo
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