Hover Secures $6,000,000 New Financing

  • Feed Type
  • Date
    11/20/2015
  • Company Name
    Hover
  • Mailing Address
    945 Bryant St. San Francisco, CA 94103 USA
  • Company Description
    Hover is dedicated to bringing advanced 3D computer vision technology to the marketplace, with a focus on crowdsourced imagery.
  • Website
    http://www.hover.to
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company plans to use its funding primarily for hiring, sales and marketing. It will also seek to work with insurance companies, to help them assess damage to homes rapidly, even when a claims adjuster isn’t immediately available to visit in person.
  • M&A Terms
  • Venture Investor
    Alsop Louie Partners
  • Venture Investor
    Almaz Capital Partners
  • Venture Investor
    Maverick Capital

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