HOVER Secures $60 Million in Financing to Expand Technology and Transform Homeowner Experience
SAN FRANCISCO — HOVER announced a $60-million Series D financing led by top insurance carriers Travelers, State Farm Ventures™, and Nationwide.
The capital will be used to enhance the company’s 3D data platform and expand its e-commerce efforts. With the launch of a frictionless buying experience and recent partnerships with SRS Distribution and Beacon Roofing Supply, HOVER is gaining a strong and growing foothold in the $50 billion exterior building materials market.