Hover was founded in 2011 by A.J. Altman and Ross Hangebrauck. Hover has not officially endorsed a plan to participate in an IPO.

Hover is the developer of 3D modeling software for the real estate industry. Per Forge data, HOVER raised $127.3 million in funding over 7 rounds. Their latest funding was raised on Nov 17, 2020, from a Series D round. Key investors include State Farm Ventures, Nationwide Mutual Insurance, Menlo Ventures, The Home Depot, and Google Ventures.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you invest in HOVER pre-IPO?

HOVER is a privately held company and is not publicly traded, therefore investing in HOVER pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of HOVER before it goes public?

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What is the pre-IPO value of my HOVER shares?

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Is HOVER a publicly traded company?

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To learn more about HOVER potential IPO

Will HOVER go IPO?

HOVER has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is HOVER’s IPO price?

The HOVER IPO price does not exist at this time, as HOVER is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to HOVER register for Forge Markets, today.

When was HOVER founded?

HOVER was founded in 2011.

What is HOVER funding to date?

HOVER has raised $428.93MM to date.

Who are HOVER’s major investors?

Menlo Ventures
GV
3L Capital
American Family Ventures
Almaz Capital
TriplePoint Venture Growth
State Farm Ventures
FinSight Ventures
KAAJ Ventures
RimRock Venture Partners

HOVER Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/17/2020 Series 6 $60MM $xx.xx $489.15MM Alsop Louie Partners, Guidewire Software, Gv, Menlo Ventures, Nationwide, State Farm Ventures, Travelers
Price per Share
$xx.xx
Shares Outstanding
11,018,475
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alsop Louie Partners, Guidewire Software, Gv, Menlo Ventures, Nationwide, State Farm Ventures, Travelers
04/25/2019 Series 5 $25MM $xx.xx $266.43MM Gv, Menlo Ventures, Standard Industries
Price per Share
$xx.xx
Shares Outstanding
6,626,553
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Menlo Ventures, Standard Industries
01/29/2018 Series 4 $25MM $xx.xx $123.79MM Gv, Home Depot, Standard Industries
Price per Share
$xx.xx
Shares Outstanding
13,219,820
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gv, Home Depot, Standard Industries
11/19/2015 Series 3 $18MM $xx.xx $82.34MM Almaz Capital, Aslop Louie Partners, Assets New Ventures, Gv, Home Depot, Maverick Alternative, Standard Industries
Price per Share
$xx.xx
Shares Outstanding
10,353,313
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Almaz Capital, Aslop Louie Partners, Assets New Ventures, Gv, Home Depot, Maverick Alternative, Standard Industries
02/08/2013 Series 2 $7.74MM $xx.xx $21.41MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
10,314,492
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
10/11/2012 Series 1 $7.24MM $xx.xx $14.49MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
5,388,678
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
Updated on: Dec 17, 2024

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