The home design software provider hiked its valuation to $490m in a round featuring Travelers, State Farm Ventures, Nationwide, GV, Standard Industries and Guidewire.
Insurance providers Travelers, State Farm and Nationwide have co-led a $60m series D round for Hover, the US-based creator of a software platform for home data analysis.
The round included GV, a subsidiary of internet and technology group Alphabet, as well as home renovation services provider Standard Industries, insurance software producer Guidewire, Menlo Ventures and Alsop Louie Partners. State Farm invested through its State Farm Ventures vehicle.
Hover’s app allows home renovators to measure, design and estimate the parameters of…
