HOVER Inc. announced that it has received $60 million in Series D round of funding co-led by new investor, The Travelers Companies, Inc. (NYSE:TRV), State Farm Ventures, and Nationwide Mutual Insurance Company on November 17, 2020. The transaction also included participation from building tech firms, FinSight Ventures, new investor, Guidewire Software, Inc. (NYSE:GWRE), returning investors, Standard Industries Inc., Menlo Ventures Management, L.P., GV, and Alsop Louie Partners. The company raised money at a post-money valuation of $490 million.

The company has raised a total of $147 million in funding till date.