Home Insurance Startup Hippo Joins the ‘Unicorn’ Club: Term Sheet (Fortune)

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By Polina Marinova | July 24, 2019

Health Catalyst, a digital records health firm, now plans to raise $172 million in an IPO of 7 million shares priced between $24 to $25, an upsized offering with increased pricing. The firm posted revenue of $112.6 million and loss of $62 million in 2018. Norwest (20.9% pre-offering), Sequoia (21.9%), and UPMC (6.3%) back the firm. It plans to list on the Nasdaq as “HCAT.”… Click to view full article

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