Hippo Holdings Inc.
About Hippo Holdings Inc.
Hippo Holdings Inc. (NYSE:HIPO), together with its subsidiaries, provides property and casualty insurance products to individuals and business customers primarily in the United States. The company operates a multi-carrier platform through owned and partner managing general agents (MGAs), serving as a licensed insurance carrier and providing admitted and non-admitted paper, regulatory licenses, and reinsurance. It went public on the NYSE in August 2021 under ticker HIPO after merging with a blank-check company, receiving $638 million in proceeds at a $5 billion valuation. Insiders own approximately US$59 million worth of shares in the US$483 million company.
- 🔗 Hippo Holdings Inc. (NYSE:HIPO) is definitely on the radar of institutional investors who own 37% of the company
- 🔗 hippo-20230331
- 🔗 Hippo CEO expects NYSE listing to fuel better home insurance
- 🔗 Hippo Holdings (NYSE:HIPO) - Stock Analysis - Simply Wall St
- 🔗 Hippo Holdings warrants delisted by NYSE for low price By Investing.com
Investors
Not disclosed in the source filing. Form D filings do not list investors — StreetZero surfaces them from news where available.
Key highlights
- Went public via SPAC merger on NYSE in August 2021 raising $638 million at $5 billion valuation.
- Provides property and casualty insurance via a multi-carrier MGA platform across admitted and non-admitted lines.
- Institutional investors own 37% and insiders hold US$59 million in shares of the $483 million market cap company.
- Offers IoT sensors for leak and burglary detection to reduce claims in homeowners insurance.
- Warrants were delisted from NYSE due to low price while revenue grew 92.79% YoY as of Q2 2024.
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Source document & SEC filing
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