The new innovation center will focus on the development of technologies across Hippo's insurtech business.

The investment comes four months after the Palo Alto-based Hippo raised $150 million at a valuation of $1.5 billion.

The funding brings the company's valuation to $1.5 billion; Hippo is now readying for IPO next year.

The annual list looks at US-based companies making it easier, faster and cheaper to use financial services.

Companies founded by Israelis and valued at $1 billion or over nearly doubled this year.

Israeli-founded home insurance tech startup Hippo Insurance has acquired Sheltr, a US-based home maintenance platform that helps homeowners proactively care for their homes, the company announced in a blog post last week. The company was acquired in order to help Hippo further accelerate its mission to modernize how the homeowner protects his home and to […]

Israeli startups raised a record $2.24 billion in 142 deals in the third quarter of 2019, according to a new report released this week by Israel-based IVC Research Center and international law firm Zysman, Aharoni, Gayer & Co. (ZAG-S&W). While the amount raised in the third quarter was not far from the $2.32 billion raised […]

The Israeli companies listed span categories such as insurance, healthcare, cybersecurity, and Big Data.

Founded in 2015, Hippo is led by Israeli-born CEO Assaf Wand, and CTO Eyal Navon; it made its debut in the insurance marketplace in April 2017.

From humanitarian assistance and plastic reduction to water sanitation and space missions, NoCamels presents a selection of remarkable companies that had a positive impact this past year.

Based in Mountain View, CA, Hippo is transforming homeowners insurance with advanced tech, and has reached out to help victims of the devastating fires

By using technologies that aim to put the customer first, Israeli startups and companies have emerged as disruptive forces in the field.