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Leading insurtech disruptor Hippo to Go Public in a $5bn deal

  |   Venture Capital, Private Investments

We are excited to see Hippo going public in a merger with Reinvent Technology Partners Z and a deal that values the insurance technology company at $5 billion.

Our families invested at a $1.5 billion valuation and stage where capital was needed to support their rapid growth, and we were impressed with their resilience through COVID and their deep partnerships with homebuilders to offer customers the best home insurance services available.

  • Hippo is Building the First End-to-End Home Protection and Insurance Platform
  • 69% CAGR in Total Written Premiums in Last Three Years
  • Transaction Represents Enterprise Value of $5.0 Billion for Hippo
  • Hippo Expects to Have up to $1.2 Billion in Cash to Fund Growth and Operations
  • Includes Fully Committed PIPE of $550 Million

Founded in 2015, Hippo’s goal is to make homes safer and better protected by taking a proactive approach designed to prevent losses. Harnessing real-time data, smart home technology, and a growing suite of home services, the company is creating the first vertically integrated, end-to-end home protection and insurance platform. Press release below:[%E2%80%A6]ners-Z-Company-is-Transforming-the-Home-Insurance-Industry

Many of the world’s most innovative and industry leading companies are private and at Key Family Partners we commit to sourcing the best deal flow for our investors. We maintain a significant percentage of our asset allocation in private equity, real estate and hedge funds to create long-term above average returns for our families. We take inspiration from some of the world’s leading investors, the U.S. University Endowments, who have generated significant long-term returns by maintaining a high allocation to these alternatives.

Key Family Partners SA is a multi-family office based in Geneva, Switzerland. We serve our members with investment services, financial planning, administration, succession planning, education and philanthropy. Contact us at ~ +41 22 339 00 00 ~ Rue François-Bonivard 6, 1201 Geneva. Member of European Network of Family Offices – ENFO.

The content of this post does not constitute investment or financial advice and may not be relied upon as such. It does not constitute an offer or invitation for the sale or purchase of services or securities and shall not form the basis of any contract. Key Family Partners SA does not accept any liability for any direct, indirect or consequential loss arising from any use of this publication. Key Family Partners SA is a private limited company with its registered office at Rue François-Bonivard 6, 1201 Geneva, registered with the commercial registry of Geneva under the IDE Nr. CH-395.573.747. KFP is a member of the Swiss Association of Asset Managers (SAAM).