Home insurance startup Hippo is hoping to ride the coattails of rival Lemonade with an initial public offering next year. The Palo Alto, California-based startup said Tuesday it raised $150 million, valuing the company at $1.5 billion, Bloomberg reported. Dragoneer and Ribbit Capital participated in the round, alongside Felicis Ventures and Iconiq Capital. Hippo intends to go public next year. The round brings Hippo’s total funding to $359 million since 2015. Previous investors include homebuilder
source https://therealdeal.com/2020/07/21/home-insurance-startup-hippo-raises-150m-ahead-of-ipo/
No comments:
Post a Comment