How Hover hit $9.6M revenue and 10K customers in 2019.
The company that owns Hover.to is called Hover Inc. It is a technology company that specializes in creating innovative solutions for the construction industry. Hover Inc. offers a cloud-based platform that allows contractors and insurance adjusters to quickly and easily create 3D models and accurate measurements of buildings using just a few smartphone photos. This technology helps streamline the estimation and bidding process for contractors and provides accurate data for insurance claims. The company was founded in 2011 and is headquartered in San Francisco, California. Hover Inc.'s mission is to empower the construction industry with technology that simplifies and improves the building process.
2011
Founded
$9.6M
2019 Revenue
-----
YOY
$127.3M
Funding
Hover Revenue
In 2019, Hover revenue run rate hit $9.6M in revenue.
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2019
Hover hit $9.6M in revenue in 2019
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2011
Hover launched in 2011 with $0 revenue
Hover Funding History
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2020 Series D
Hover raised a Series D of in November, 2020
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2019 Series C
Hover raised a Series C of in April, 2019
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2018 Series B
Hover raised a Series B of in January, 2018
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2015 Series A
Hover raised a Series A of in November, 2015
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2013 Series A
Hover raised a Series A of in March, 2013
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2012 Seed Round
Hover raised a Seed Round of in December, 2012
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| November, 17 2020 | Series D | ||
| April, 25 2019 | Series C | ||
| January, 29 2018 | Series B | ||
| November, 19 2015 | Series A | ||
| March, 11 2013 | Series A | ||
| December, 01 2012 | Seed Round |
Team
Hover has 410 total employees and 55 sales reps that carry a quota. They have 10,000 customers an engineering team of 83 and a marketing team of 12.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 410 |
| Engineer | 83 (20%) |
| Sales | 55 (13%) |
| Marketing | 12 (3%) |
Founder / CEO
A.J. Altman
A.J. Altman is founder & CEO of HOVER, a mobile app that is transforming homeownership by creating 3D home models from smartphone photos. Prior to founding HOVER, A.J. was an engineer at Intel Corporation and served as an infantry officer in the United States Marine Corps.
Q&A
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What's your age?
42
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Favorite online tool?
Stripe
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Favorite book?
Good to great
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Favorite CEO?
Elon Musk
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Advice for 20 year old self
Trust himself more
Customers
Churn
Hover Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| A.J. Altman | CEO | [email protected] | - |
Hover Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| A.J. Altman | CEO | [email protected] | - |
Hover Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tyson Clark | Board Member | - | - |
| Matt Murphy | Board Member | [email protected] | - |
| Stewart Alsop | Board Director | [email protected] | [email protected] |
| Matt Schweickert | Board Member | [email protected] | - |
| Edward Lu | Board Member | - | - |
| Ross Hangebrauck | Board Member | [email protected] | - |
| Kevin Reilley | Board Member | - | - |
Frequently Asked Questions about Hover
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When was Hover founded?
Hover was founded in 2011.
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How much revenue does Hover generate?
Hover generates $9.6M in revenue.
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Who is the CEO of Hover
The CEO of Hover is A.J. Altman.
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How much funding does Hover have?
Hover raised $127.3M.
-
How many employees does Hover have?
Hover has 410 employees.
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Where is Hover headquarters?
Hover is headquartered at 225 Bush St, 7th Floor, San Francisco, California, 94111, United States
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