Hippo Insurance | Proptech Talk Thursday - a podcast by Spencer Hsu, MBA Tech Realtor
from 2023-12-14T09:44:00.461776
Hey everyone, Spencer Hsu here, your Tech Realtor of the Bay Area.
Welcome to my new PropTech Talk Thursday series to take a look and provide my candid thoughts on new Proptech businesses. These could range from products to companies leveraging technology to improve all facets of real estate. The Real Estate industry is one of the slowest to adopt technology but there are many opportunities along with money chasing these opportunities. This week, let’s take a look at Hippo Insurance.
Hippo Insurance, based in Palo Alto, CA, recently raised $150 million in a new round of funding in July, bringing its total funding to $359M, and a valuation of $1.5 billion. They started their business in 2015 and have grew to $270MM in premiums written. How does this compare to the industry? Take a look here at the top 10 insurance providers. They are currently at 0.27% of the US market so on one end, there is a lot of room to grow, but at the same time, it’s a tiny fraction of these well known providers.
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If you’re interested in buying, selling, or investing in residential or commercial real estate in the 📍SF Bay Area, contact me today!
📞 (408) 547-4590
⏰ Set up a time to chat: https://calendly.com/spencerhsure
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My Background: Born and raised in the Bay Area, I spent 11 years as Technology Sales Manager before becoming a Realtor. Having personally invested and done renovations through house flips in the Bay Area, I wanted to help busy professionals in the Bay Area tech industry find their dream home by leveraging tech, data and local insights. Our team specializes in creating trusted frameworks of buying, selling, and investing in the Bay Area. In 2022, we are thrilled to share that we have helped 80 clients in the Bay Area with their moves, which positions our team as the Top 1% groups in the country. Looking forward to helping you into your next home and save/earn you more money!
Spencer Hsu, MBA, Realtor
408-547-4590
EXP Realty DRE #02077253
https://www.homesbyspencerhsu.com/
#BayAreaRealEstate
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