HIPPO, WHICH USES SATELLITE IMAGERY AND SMART HOME SENSORS TO OFFER BETTER HOME INSURANCE POLICIES, TO GO PUBLIC VIA SPAC, RAISING $550M AT A VALUATION OF $5B (LESLIE SCISM/WALL STREET JOURNAL)

Hippo, which uses satellite imagery and smart home sensors to offer better home insurance policies, to go public via SPAC, raising $550M at a valuation of $5B — California firm will merge with blank-check company established by LinkedIn, Zynga founders — Home-insurance technology upstart …