Centana Growth Partners Acquires Majority Stake in First Connect Insurance Services

November 11, 2024

Centana Growth Partners led an initial investment exceeding $60 million to acquire a majority stake in insurtech platform First Connect Insurance Services (formerly an indirect wholly-owned subsidiary of Hippo Holdings Inc.). Participating investors include Pruven Capital, Cota Capital, and Cross Creek; the funding will be used to accelerate product development, expand market penetration, and scale the platform serving independent insurance agents.

Buyers
Centana Growth Partners, Pruven Capital, Cota Capital, Cross Creek
Targets
First Connect Insurance Services
Sellers
Hippo Holdings Inc.
Industry
Insurance
Location
California, United States
Transaction Type
Growth capital

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