Myhippo logo
Founded 2015

Myhippo

2019 Revenue

$38.4M

YOY

Funding

$290.0M

Overview

About Myhippo

Hippo is a whole new approach to homeowners insurance—simpler process, smarter coverage, up to 25% savings. Now available in 16 states.

Monthly Revenue

$3.2M

Total Expenses

$3.2M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Myhippo CEO Assaf Wand on 08/21/2019

Watch the podcast


Headquarters

150 Forest Avenue Palo AltoCaliforniaUnited States

Myhippo Revenue vs Funding

$Funding$Revenue

Myhippo Revenue

In 2019, Myhippo revenue run rate hit $38.4M in revenue.

$38.4M

Myhippo Valuation and Funding History

Myhippo has raised a total of $290.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation

Customers

Myhippo has 160K customers.

Lifetime Months

120

×
Monthly ARPU

$20.0

=
Lifetime Dollars

$2.4K


Acquisition Cost

Average Annual Price

$240.0

$0$240.0024681012

Churn

Myhippo has an annual churn rate of 10.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-10.00%

Annual Dollar Expansion

5.00%

Net Revenue Retention

95.00%

Team

Employees

Myhippo has 150 employees. They have an engineering team of 30.

2019
DistributionQty

Total Team Size

150

Engineers

30 (20%)

Sales

0

Marketing

0

CEO/Founder

Assaf Wand

Assaf Wand is the co-founder and CEO of insurtech startup Hippo. Based in Palo Alto, CA, the company is modernizing home insurance through the lens of homeowners – building policies with more comprehensive coverage for today's consumers at up to 25% less than competitors. Prior to Hippo, Wand was founder and CEO of Sabi, which designed and produced elegant everyday products (Sabi was acquired in 2015), a consultant with McKinsey & Company and an investor with Intel Capital. He has an MBA from the University of Chicago and a BA in finance and LLB in Law from the IDC Herzliya in Israel.


CEO Q&A

What's your age?

45

Favorite online tool?

Gmail

Favorite book?

Atlas Shrug

Favorite CEO?

jeff Bezos

Advice for 20 year old self

-


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Frequently Asked Questions about Myhippo

When was Myhippo founded?

Myhippo was founded in 2015.


Who is the CEO of Myhippo?

The CEO of Myhippo is Assaf Wand


How many employees does Myhippo have?

Myhippo has 150 employees.

How much revenue does Myhippo generate?

Myhippo generates $38.4M in revenue.


How much funding does Myhippo have?

Myhippo has raised $290.0M.


Where is Myhippo headquarters?

Myhippo is headquartered at 150 Forest Avenue Palo AltoCaliforniaUnited States

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