Hippo Enterprises went public via a merger with Reinvent Technology Partners Z in a $5bn deal.

Hippo Enterprises, a company offering web and mobile application solutions for home insurance products, went public via a merger with Reinvent Technology Partners Z, a blank check company, in a $5bn deal. Additional Investors include Dragoneer, Lennar, Ribbit, Top Tier Mutual Funds and Reinvent Capital. “Our guiding principle is that the best claim is one that never happens, and if it does happen, then we should make our customers' experience as smooth as possible. The evolution of our industry must be grounded in meeting today’s customer needs. Through this strategic partnership with Reinvent and an incredible team of world-class entrepreneurs, investors, and employees, we can’t wait to transform the homeowner experience and accelerate our growth," Assaf Wand, Hippo CEO and Co-Founder.