Hippo Insurance Overview
- Year Founded
-
2015

- Status
-
Public
- Employees
-
516

- Stock Symbol
-
HIPO

- Investments
-
4
- Share Price
-
$30.11
- (As of Friday Closing)
Hippo Insurance General Information
Description
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, and service line coverage, among others. It has three reportable segments Services segment earns fees and commission income without assuming underwriting risk or need for reinsurance, Insurance-as-a-Service managed through the Company's subsidiary Spinnaker is a platform to support third-party MGAs, and the Hippo Home Insurance Program engaged in homeowners insurance business. It generates the majority of its revenue from the Insurance-as-a-Service segment.
Contact Information
Website
www.hippo.comCorporate Office
- 150 Forest Avenue
- Palo Alto, CA 94301
- United States
Corporate Office
- 150 Forest Avenue
- Palo Alto, CA 94301
- United States
Hippo Insurance Stock Performance
As of 14-Feb-2025, Hippo Insurance’s stock price is $30.11. Its current market cap is $733M with 24.4M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$30.11 | $30.91 | $10.26 - $34.24 | $733M | 24.4M | 177K | -$5.17 |
Hippo Insurance Financials Summary
As of 30-Sep-2024, Hippo Insurance has a trailing 12-month revenue of $335M.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 261,046 | 9,652 | (7,652) | 815,937 |
Revenue | 334,700 | 209,700 | 119,700 | 91,200 |
EBITDA | (90,700) | (242,700) | (310,000) | (157,300) |
Net Income | (127,000) | (273,100) | (333,400) | (371,400) |
Total Assets | 1,545,400 | 1,524,700 | 1,568,900 | 1,642,700 |
Total Debt | 11,100 | 14,800 | 28,900 | 0 |
Hippo Insurance Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Hippo Insurance Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
---|
Hippo Insurance Comparisons
Industry
Financing
Details
Hippo Insurance Competitors (5)
One of Hippo Insurance’s 5 competitors is Openly, a Venture Capital-Backed company based in Boston, MA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Openly | Venture Capital-Backed | Boston, MA | ||||
Liberty Mutual Insurance Company | Corporate Backed or Acquired | Boston, MA | ||||
FRP Private Client | Venture Capital-Backed | Aspen, CO | ||||
JustInCase | Formerly VC-backed | Tokyo, Japan | ||||
EasyInsure | Corporate Backed or Acquired | Windsor, Canada |
Hippo Insurance Patents
Hippo Insurance Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20220198572-A1 | System for augmenting third party data | Inactive | 23-Dec-2020 | ||
US-20220114159-A1 | System and method for updating a policy object | Active | 13-Oct-2020 | ||
US-11687517-B2 | System and method for updating a policy object | Active | 13-Oct-2020 | ||
US-11500863-B2 | Field inheritance removal system | Active | 12-Oct-2020 | ||
US-20220114166-A1 | Field inheritance removal system | Active | 12-Oct-2020 | G06F16/2393 |
Hippo Insurance Signals
Hippo Insurance Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Hippo Insurance Acquisitions (4)
Hippo Insurance’s most recent deal was a Merger/Acquisition with Reinvent Technology Partners Z. The deal was made on 02-Aug-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Reinvent Technology Partners Z | 02-Aug-2021 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) | ||
First Connect Insurance Services | 26-Mar-2021 | Merger/Acquisition | Social/Platform Software | ||
Spinnaker Insurance Company | 31-Aug-2020 | Merger/Acquisition | Property and Casualty Insurance | ||
Sheltr | 20-Nov-2019 | Merger/Acquisition | Real Estate Services (B2C) |
Hippo Insurance ESG
Risk Overview
Risk Rating
Updated December, 17, 2024
26 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Insurance
Industry
of 300
Rank
Percentile

Insurance Brokers
Subindustry
of 32
Rank
Percentile

Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Spinnaker Insurance Company | Bedminster, NJ | 1956 |
Hippo Insurance FAQs
-
When was Hippo Insurance founded?
Hippo Insurance was founded in 2015.
-
Where is Hippo Insurance headquartered?
Hippo Insurance is headquartered in Palo Alto, CA.
-
What is the size of Hippo Insurance?
Hippo Insurance has 516 total employees.
-
What industry is Hippo Insurance in?
Hippo Insurance’s primary industry is Property and Casualty Insurance.
-
Is Hippo Insurance a private or public company?
Hippo Insurance is a Public company.
-
What is Hippo Insurance’s stock symbol?
The ticker symbol for Hippo Insurance is HIPO.
-
What is the current stock price of Hippo Insurance?
As of 14-Feb-2025 the stock price of Hippo Insurance is $30.11.
-
What is the current market cap of Hippo Insurance?
The current market capitalization of Hippo Insurance is $733M.
-
What is Hippo Insurance’s current revenue?
The trailing twelve month revenue for Hippo Insurance is $335M.
-
Who are Hippo Insurance’s competitors?
Openly, Liberty Mutual Insurance Company, FRP Private Client, JustInCase, and EasyInsure are competitors of Hippo Insurance.
-
What is Hippo Insurance’s annual earnings per share (EPS)?
Hippo Insurance’s EPS for 12 months was -$5.17.
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