Israeli Fintech Pagaya Agrees to Go Public via $8.5B SPAC Deal September 15, 2021 By Sohini Podder, Noor Zainab Hussain and Aakriti Bhalla Israeli fintech Pagaya on Wednesday agreed to go public through a merger with special-purpose acquisition company EJF Acquisition Corp in...
HCI Group’s Home and Flood Insurtech TypTap Files for Possible IPO August 5, 2021 By Andrew G. Simpson HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and...
7 Insurtechs With Multibillion-Dollar Valuations August 3, 2021 By Alwyn Scott A number of insurtech startups are coming to market through blank-check companies. Here are valuations of several that have announced...
Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot August 3, 2021 By Alwyn Scott Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get...
Home Insurance Agency Hippo to Go Public in $5B SPAC March 4, 2021 By Sohini Podder Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid...
Insurtech Hippo in Talks to Go Public via Merger With SPAC: Bloomberg February 7, 2021 By Gillian Tan, Katherine Chiglinsky, Sarah McBride and Katie Roof Hippo, an insurance technology startup, is in talks to go public through a merger with a special purpose acquisition company,...
Uber Vet Invests $50M in Metromile as Insurer Readies Reverse Merger to Become Public February 2, 2021 Auto insurer Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained...
Lemonade Eyes Sale of 3 Million Shares in Secondary Offering January 15, 2021 By Mark Hollmer Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate...
Startup Auto Insurer Root Raises $724.4 Million in IPO October 28, 2020 By Chibuike Oguh Automobile insurance startup Root Inc. sold shares in its initial public offering (IPO) on Tuesday at $27 apiece, above its...
Startup Personal Lines Insurer Root Looking to Raise $604 Million in IPO October 20, 2020 Automobile insurance startup Root Inc. said on Tuesday it plans to raise as much as $604.1 million in its initial...