Hippo Holdings
InsurtechUSA
📉 Public < $1B
Peak $5 BillionToday
−83%
from peak
- 🦄Became a unicorn2020
- 📈Peak valuation$5 Billion ’21
- 💔Became a Unitard~2022
- 💸Last valuation~$875M
Current status
Public ~$0.68B; post reverse split
Live · HIPO· NYSE
as of 2026-08-04
$33.15▲ 9.43% today
≈ $875 Million market cap · −82.5% from peak
How it happened
Hippo was a home-insurance startup ('insurtech') that used data and smart-home devices to streamline coverage, reaching a ~$5B valuation when it went public via SPAC in 2021. Like many post-SPAC insurtechs, it faced heavy underwriting losses and investor skepticism, and its market cap collapsed well below $1B. It now trades around $0.68B following a reverse stock split, roughly 86% under its peak.
Source: Public market cap ~$715M (stockanalysis.com, Jun 2026)
