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HOVER

HOVER IPO

$489.15MM
Series 6 Valuation, Nov 2020
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HOVER IPO date and status

2011
Founded
IPO Mentioned
Confidential Filing
S-1 Filed
IPO

Company details

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.

Founded
2011
Headquarters
San Francisco, CA, United States
Founders
Adam Altman, Ross Hangebrauck
Forge Price 1
Price not yet available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$489.15MM
Total Funding
$142.98MM
Last Funding Round
Series 6

Learn more about HOVER

To invest in HOVER pre-IPO

Can you invest in HOVER pre-IPO?

HOVER is privately held and not traded on public markets, so pre-IPO investments are available only to accredited investors.

If you’re already accredited and have completed Forge’s verification, you can visit our marketplace to review and invest in private companies ahead of an IPO.

If you haven’t yet completed your accredited investor verification with Forge, you can start that process now to unlock access to new private-company offerings.

For more on who qualifies—and how to get verified—see our blog “Accredited investors, qualified clients and qualified purchasers: Who can invest?

Can you sell shares of HOVER before it goes public?

Yes, subject to any contractual or corporate transfer restrictions, it is possible to list your shares to sell while HOVER is still private. If you’re considering selling, you can register today for free to get started. Once registered, you can evaluate pricing insights and market activity to inform your decision, then post your shares for sale and set the terms, like quantity and price—all directly through our platform.

If you’d like additional guidance at any point, Forge private market specialists are available to help. For a step-by-step overview, check out our seller’s guide.

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

To explore the value of your HOVER shares, create a free account to access Forge’s marketplace. Once inside, you’ll find several pricing insights to help guide your decision—these include historical transaction data, a live order book showing current buy and sell interest, and Forge Price™, a derived, indicative price based on recent transactions, investor activity, and other relevant market data.

These insights can help you determine a price you’re comfortable with if you choose to sell your shares. If you’d like additional guidance along the way, Forge private market specialists are available to help. You can also review our seller’s guide for a step-by-step overview.

Is HOVER a publicly traded company?

HOVER is a private company and not publicly traded.

If you’re interested in buying or selling shares in private companies, you can register with Forge today for free to explore available opportunities. Once registered, you’ll gain access to our marketplace, where you can view active buy and sell interest, evaluate pricing signals and take action directly through the platform.

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 2025.

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 today.

When was HOVER founded?

HOVER was founded in 2011.

What is HOVER funding to date?

HOVER has raised $142.98MM to date.

HOVER major investors

3l Capital
Almaz Capital
American Family Ventures
Finsight Ventures
Gv
Kaaj Ventures
Menlo Ventures
Rimrock Venture Partners
State Farm Ventures
Triplepoint Venture Growth

HOVER pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
11/17/2020 Series 6 $60MM $5.45 $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 $3.77 $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 $1.89 $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 $1.74 $82.34MM Almaz Capital, Alsop 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, Alsop Louie Partners, Assets New Ventures, Gv, Home Depot, Maverick Alternative, Standard Industries
02/08/2013 Series 2 $7.74MM $0.75 $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 $1.34 $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

HOVER IPO news and media highlights

HOVER Expands Capabilities to Provide Measurements and Floor Plans of Property Interiors

HOVER, the technology company that transforms smartphone photos and blueprint designs of any property into a digital twin with valuable 3D data, today announced that they are expanding their solution to provide accurate interior property measurements.

Hover secures $60M for 3D imaging to assess and fix properties – TechCrunch

The US property market has proven to be more resilient than you might have assumed it would be in the midst of a coronavirus pandemic, and today a startup that’s built a computer vision tool to help owners assess and fix those properties more easily is announcing a significant round of fundin…

HOVER Raises $60M Series D Led By Insurance Carriers

As a digital data company, HOVER is aiming to modernize how property projects are carried out.

Hover Secures $60M in Series D Funding | FinSMEs

Hover, a San Francisco, CA-based technology company that provides an end-to-end data platform for home improvement and property insurance professionals, raised $60m in Series D financing
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Forge is the trusted platform for buying and selling pre-IPO shares. Investors and shareholders worldwide rely on our deep data insights, liquidity solutions, and tailored investment opportunities to navigate the private market. Register to get started.

Updated on: Jul 15, 2025

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