Hippo to go public at $5bn valuation through SPAC merger

Home insurtech Hippo is the latest insurtech to agree a deal to go public through a merger with a special purpose acquisition company (SPAC), announcing a combination with Reinvent Technology Partners Z that includes a $550mn private investment in public equity (PIPE) with backing from Dragoneer, Lennar and Ribbit.

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com