Hippo Insurance Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 516

Employees

  • Stock Symbol
  • HIPO

Stock Symbol

  • 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.com
Formerly Known As
Hippo Analytics
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 150 Forest Avenue
  • Palo Alto, CA 94301
  • United States
+1 (650)
Primary Industry
Property and Casualty Insurance
Other Industries
Other Insurance
Stock Exchange
NYS
Corporate Office
  • 150 Forest Avenue
  • Palo Alto, CA 94301
  • United States
+1 (650)

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Hippo Insurance Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Hippo Insurance Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Hippo Insurance Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provi
Property and Casualty Insurance
Palo Alto, CA
516 As of 2023

Boston, MA
 

Boston, MA
 
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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
You’re viewing 5 of 5 competitors. Get the full list »

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
To view Hippo Insurance’s complete patent history, request access »

Hippo Insurance Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Hippo Insurance Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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)
To view Hippo Insurance’s complete acquisitions history, request access »

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

To view Hippo Insurance’s complete esg history, request access »

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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