Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Hippo Insurance is raising $149,999,993.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Assaf Wand played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Hippo Insurance
Hippo Insurance launched in 2015 with the deep belief that homeowners deserve better home insurance. We automated the process and modernized coverage, allowing us to offer policies that cover the homes and possessions that consumers own today, often with greater savings. We also recognized a smarter home is a safer home: We take a proactive approach to home insurance, providing our customers with smart home devices and working with them to identify and solve small issues in their homes before they become big claims. Most importantly, we built a top-notch support team to care for our customers, something we believe truly differentiates Hippo Insurance.

To learn more about Hippo Insurance, visit http://www.hippo.com/

Contact:
Assaf Wand, Chief Executive Officer
617-794-5377
https://www.linkedin.com/in/assafwand/

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