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.
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
|