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Hippo Enterprises Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

Reinvent Technology Partners Z (RTPZ) was a special purpose acquisition company sponsored by Reinvent Capital, the SPAC vehicle led by technology executives Reid Hoffman, Mark Pincus, and Michael Thompson, and completed its IPO in 2021. On March 8, 2021, RTPZ announced a definitive merger agreement with Hippo Enterprises Inc., a technology-driven homeowners insurance and insurtech platform seeking to modernize the residential property insurance market. The transaction closed in August 2021, at which point RTPZ's status transitioned to closed as Hippo began trading as a public company. The deal represented one of three concurrent Reinvent-branded SPAC vehicles targeting high-growth technology sectors. Visit SpacDesk and sign up for full data, filings, and analytics on RTPZ and hundreds of other SPAC transactions.

Announced
2021-03-08
Closed
2021-08-05
PIPE Raised
$500M–1B
Industry
Insurance / Insurtech

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
RTPZReinvent Technology Partners ZClosed2021-03-082021-08-05$200.0M$550.0MReinvent Sponsor Z LLC