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Assaf Wand is the Executive Chairman of Hippo Insurance and an active angel investor based in the San Francisco Bay Area. He previously served as the Chief Executive Officer of Hippo from 2015 to 2022, leading the insurtech company to a public market debut in 2021 at an initial $5 billion valuation. Prior to this public listing, Wand successfully secured over $700 million in private venture funding to scale the enterprise. Earlier in his career, he founded the consumer goods startup Sabi, worked as an associate at McKinsey & Company, and earned an MBA from the University of Chicago Booth School of Business. He also holds a degree in finance and information technology from Reichman University. His current focus centers on executive board leadership and early-stage technology investments across the insurtech, fintech, and consumer product sectors.
Assaf Wand stands out as a visionary entrepreneur and an active investor in the technology landscape, primarily recognized as the Founder and CEO of Hippo Insurance. At Hippo, he has been instrumental in revolutionizing the home insurance industry by integrating smart home technology, proactive protection, and a customer-centric approach to provide a more modern and efficient insurance experience. His leadership has propelled Hippo to become a significant player in the insurtech sector, challenging traditional models with innovation.
Beyond his executive role at Hippo, Assaf Wand is a keen investor, bringing his deep operational insights and strategic acumen to promising early-stage companies. His investment philosophy is heavily influenced by his own journey as a founder, seeking out ventures with strong leadership, innovative solutions, and significant market potential. Assaf's investment focus spans several high-growth sectors, including fintech, proptech, enterprise software, and B2B SaaS. He is particularly interested in disruptive technologies that leverage artificial intelligence, machine learning, and data analytics to solve complex problems and create new market efficiencies. His portfolio includes investments in companies like Veev and OpenWeb, showcasing his commitment to supporting the next generation of tech innovators.
Assaf's career background is marked by a consistent drive for innovation and entrepreneurship. Prior to founding Hippo Insurance in 2015, he co-founded Forter, a leading e-commerce fraud prevention platform, demonstrating his ability to build successful technology companies from the ground up. His earlier career included a tenure at McKinsey & Company, where he gained valuable experience in strategic consulting across various industries. Assaf holds an MBA from the University of Chicago Booth School of Business, and he also served in the Israeli Air Force, experiences that have undoubtedly shaped his disciplined approach to business and problem-solving. Through his investments and mentorship, Assaf Wand continues to contribute significantly to the startup ecosystem, fostering growth and innovation in areas he knows best.
Assaf Wand is a distinguished entrepreneur and investor, widely recognized as the Founder and CEO of Hippo Insurance. He is known for his innovative approach to technology and his leadership in disrupting the insurtech industry.
Assaf Wand primarily invests in early-stage technology companies across various sectors. His investment focus areas include fintech, proptech, insurtech, enterprise software, B2B SaaS, and other disruptive technologies that leverage AI and data analytics.
Assaf Wand currently serves as the Founder and CEO of Hippo Insurance. In addition to his executive role, he is also active as an angel investor and advisor, supporting various startups and entrepreneurs in the technology ecosystem.
