News
Business Overview
Business Description
At Hippo, we believe that insurance should protect your home and the things you treasure with policies designed for modern lives and proactive protection that helps you care for your home. Our aim is to help you avoid issues before they become costly problems because the best claims experience is the one you don’t have. Hippo built the world’s first home protection platform, covering crucial items like home office equipment and water back-up, pioneering the most widely adopted smart home program in the industry, and offering home care services, with Home Care Experts on hand to provide helpful home maintenance advice, from installing a shelf to fixing a faucet. We’re there to provide your home with just the right amount of protection, not just at the application stage, but throughout the life of the policy. Not only to protect the most important financial asset that American’s own today, but to protect the joy of homeownership through a proactive and customer-focused experience.
Operating Status
Public
Founded
October 2015
Total Employees
548
Sectors
Offering Type
Software
Business Model
B2C
Business Stage
Launched
People
Funding
Total Funding
$720,100,000
Last Funding Round
Post-IPO
Valuation
$1,500,000,000
Funding Rounds
Investors
AI Technology Stack
AI Description
Our advanced risk assessment technique and machine learning integration provides a smoother, quicker onboarding process, too. While some insurance companies brag about providing a quote in 15 minutes, you can get a quote in just 60 seconds at hippo.com. And unlike many other insurtech companies, we have found a way to marry technology with human compassion. The concierge representative that helps you file your claim remains your point of contact throughout the entire process. They can help you book accommodations, contact repairmen and better understand your coverage. AI chatbots may be flashy but they can’t provide the empathy you need and deserve during a difficult time.
AI Technology
Machine Learning, Natural Language Processing
AI Employees
6
Learning Types
AI Tasks
Algorithms and Techniques
Cloud Provider
Frameworks, Libraries and Tools
Coding Languages
Python, SQL
