July 21, 2020
Hippo, the high-growth insurtech group that’s transforming home insurance, has announced the closing of US$150 million in Series E funding, valuing it at US$1.5 billion post-financing. Hippo has proven that a deep focus on customer experience can transform an industry and drive growth. Its innovative home insurance model includes world-class customer experience and services that proactively identify and help to resolve risks for its consumers. In the past twelve months, Hippo has grown its total written premiums to US$270 million, growing at 140 percent YoY.
Latham & Watkins LLP represents Hippo in the financing with a corporate team led by Bay Area partners Tad Freese and Miles Jennings, with associates Alexander White and Andrew Bertolli.