digital homeowners insurance News

Home Insurance Insurtech Hippo Raises $150M as It Readies for IPO in 2021

Hippo Enterprises Inc., hot on the heels of rival home insurance technology business Lemonade Inc. going public, has closed a $150 million financing round. The Palo Alto, California-based startup is valued in the investment at $1.5 billion, according to the …

Upmarket Homeowners Insurance Platform Openly Raises $15 Million

Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment. The round was led by Obvious Ventures, with participation from existing investors including Gradient Ventures (Google’s AI-focused Venture …