About Hover
Hover is a company based in San Francisco (United States) founded in 2011 by Ross Hangebrauck. It operates as a SaaS (Software-as-a-Service) and Freemium. Hover has raised $142.3 million across 9 funding rounds from investors including Guidewire, The Home Depot and State Farm. Hover offers products and services including Hover App and Design Tools. Hover operates in a competitive market with competitors including Matterport, Procore, Nemetschek Group, Esri and Mapbox, among others.
- Headquarter San Francisco, United States
- Founders Ross Hangebrauck
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Sectors
Real Estate & ConstructionTechnology Consumer
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Phone
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Website
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Social
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- Legal Name Hover, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$142.3 M (USD)
in 9 rounds
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Latest Funding Round
$60 M (USD), Series D
Nov 17, 2020
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Investors
Guidewire
& 14 more
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Employee Count
Not available
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Products & Services of Hover
Hover offers a comprehensive portfolio of products and services, including Hover App and Design Tools.
Software for measurements, designs, and estimates in construction.
Tools for creating custom home design inspirations instantly.
People of Hover
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Software Development Team
47 people
Senior Team
15 people
Product Management Team
11 people
Operations Team
11 people
Data Analysis and Operations Team
7 people
Finance and Accounting
5 people
Sales and Marketing
5 people
Customer Team
5 people
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Funding Insights of Hover
Hover has successfully raised a total of $142.3M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $60 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Hover
Hover has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Guidewire, The Home Depot and State Farm.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Early-stage technology venture capital firm specializing in risk-oriented investments with a humanist approach.
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Corporate backed venture capital fund investing in multiple sectors
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Investor details for Hover
Investor domains, locations, round participation, and complete history require an active premium plan.
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Hover
Investment portfolio details for Hover
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- Transaction dates
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Financial Statements - Hover
Detailed financials for Hover
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- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
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Hover Comparisons
Peer comparison for Hover
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- Named peers
- Headcount comparison
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Competitors of Hover
Hover operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Matterport, Procore, Nemetschek Group, Esri and Mapbox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of cloud and AI-based virtual tour solutions for construction professionals
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SaaS project management software is provided for construction professionals.
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Provider of management solutions for the construction sector
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Cloud-based spatial analysis and location mapping software is provided.
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Maps, navigation, search, and data are supplied for multiple platforms.
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Detailed competitors of Hover
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Latest news on Hover
Complete news archive for Hover
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Frequently Asked Questions about Hover
Hover was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Hover is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Hover is a funded company, having raised a total of $142.3M across 9 funding rounds to date.
Hover is established as a provider of all-in-one software solutions for construction and renovation projects. Services are offered to exterior contractors, home builders, insurance carriers, and homeowners. Tools for measurements, design, takeoffs, and estimates are included in the platform. The software is utilized across sectors like construction, insurance, and home improvement. Solutions are designed to optimize workflows, settle claims quickly, and support custom home designs. Integration with professionals and homeowners is facilitated through a user-friendly app.
Hover's top competitors include Procore, Matterport and Esri.
Hover offers Hover App and Design Tools.
Hover has 15 investors. Key investors include Guidewire, The Home Depot, State Farm, Nationwide, and Travelers.