Hover was founded in 2011 by A.J. Altman and Ross Hangebrauck. The company has not publicly endorsed plans to participate in an IPO.

Hover is the developer of 3D modeling software for the real estate industry. Users upload smartphone photos of their home, and the app will stitch the images together to create a 3D model of the structure. Contractors, insurers, and other service providers can use these models to assess repairs, offer pricing quotes, and order necessary parts. Hover has raised more than $142 million in venture capital funding from investors including State Farm Ventures, Nationwide, Travelers, Menlo Ventures, GV, and Standard Industries. A 2020 round of Series D funding resulted in a $490 million valuation.

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

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What is HOVER's ticker symbol?

HOVER does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is HOVER's stock price?

The stock price for HOVER will be known as it becomes public. Here are similar public companies: Redfin (NAS: RDFN), Zillow (NAS: ZG), Compass (NYS: COMP), Autodesk (NAS: ADSK).

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 IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
11/17/2020 Series 6 $60MM raised $XXX.XX $XXX.XX
4/25/2019 Series 5 $25MM raised $XXX.XX $XXX.XX
1/29/2018 Series 4 $25MM raised $XXX.XX $XXX.XX
11/19/2015 Series 3 $18MM raised $XXX.XX $XXX.XX
2/8/2013 Series 2 $7.74MM raised $XXX.XX $XXX.XX
10/11/2012 Series 1 $7.24MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is HOVER funding to date?

HOVER has raised $142.98MM to date.
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When was HOVER founded?

HOVER was founded in 2011.
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Can you invest in HOVER?

HOVER is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is HOVER a publicly traded company?

HOVER is a private company and not publicly traded.

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Updated on: Mar 4, 2023