Assaf Wand
About Assaf Wand
Assaf Wand is a co-founder of Hippo Insurance and serves as its Executive Chairman. PitchBook lists him as Hippo's CEO from October 2015 to June 2022. He is also listed as a co-founder and board member of Pattern Insurance.
Before Hippo he founded Sabi, which made everyday consumer products and was acquired in 2015. Earlier he worked as a consultant at McKinsey & Company and as an investor at Intel Capital. He holds an MBA from the University of Chicago and a BA in finance and an LLB from IDC Herzliya (now Reichman University) in Israel.
NFX Signal and PitchBook place him in Palo Alto, California.
PitchBook classifies Wand as an active individual angel investor. It records 17 investments and 3 exits. Crunchbase and Tracxn each count 11 to 12 investments, so totals differ by database.
NFX Signal's earliest investment on record is the Connie Health seed round in February 2020. It also lists Justos (seed, May 2021), Fairmatic (Series A, August 2022), Modern Life (seed, August 2022) and Carecode (pre-seed, December 2024). Co-investors on these rounds include Khosla Ventures, Thrive Capital, Foundation Capital and Nubank's David Velez.
The AI round we can confirm is Segura, a Brazilian insurance-technology startup. It raised an $8M seed round co-led by Andreessen Horowitz and Kaszek. Wand took part as an angel alongside executives from Brex and NG Cash. Crunchbase dates the round to April 27, 2026.
Segura builds software for insurance brokers. Its product Helena is an AI assistant that helps brokers read policy data, explain clauses and guide renewals. The company was founded in 2024. It reports 3,000 brokerage firms as customers.
NFX Signal ranks Wand in insurance at pre-seed, seed, Series A and Series B, and in the San Francisco Bay Area. Tracxn lists his top sectors as fintech and enterprise applications. It lists his geographies as the United States, Brazil and four others.
NFX Signal shows an investment range of $5K to $50K with a sweet spot of $25K. That figure comes from a third-party investor database, not from Wand. We found no public statement from him on what he looks for in founders.
- Segura: AI platform for insurance brokers in Brazil. $8M seed round, April 2026.
- Carecode: pre-seed round in December 2024, listed on NFX Signal.
- Modern Life: seed round in August 2022, listed on NFX Signal.
- Fairmatic: Series A in August 2022, listed on NFX Signal and StartupHub.
- Justos: seed round in May 2021, listed on NFX Signal.
- Torq: Series A in January 2021, listed on StartupHub.
- Connie Health: seed round in February 2020, listed on NFX Signal.
- pitchbook.com/profiles/investor/437898-43
- crunchbase.com/person/assaf-wand
- signal.nfx.com/investors/assaf-wand
- tracxn.com/d/people/assaf-wand/__AMPE0-hBaTI9yWIEk6rgJbIbPXjHwK6Xwk-7j
- startuphub.ai/investors/assaf-wand
- latamlist.com/segura-raises-8m-seed-round
- buttondown.com/AngelRegistry/archive/angel-registry-update-april-29-20
- linkedin.com/in/assafwand
Investing activity
Assaf Wand appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $8M. The most recent is Segura (Seed, $8M, Apr 2026).
Assaf Wand most often invests alongside Kaszek Ventures, Andreessen Horowitz and Big Bets, and the companies they back on Lounge are mostly in AI.
Deals
Frequently asked questions about Assaf Wand
Who is Assaf Wand?
Assaf Wand is a co-founder and Executive Chairman of Hippo Insurance. He was Hippo's CEO from 2015 to 2022. He also invests as an angel.
What AI startups has Assaf Wand invested in?
The confirmed AI deal is Segura, a Brazilian AI platform for insurance brokers. It raised an $8M seed round in April 2026, and Wand participated as an angel.
What check size does Assaf Wand write?
He has not publicly stated one. NFX Signal lists a range of $5K to $50K with a $25K sweet spot, but that is third-party data.
What stages and sectors does Assaf Wand back?
His recorded investments run from pre-seed to Series A. NFX Signal ranks him most in insurance. Tracxn lists fintech and enterprise applications as his top sectors.
Where is Assaf Wand based?
NFX Signal and PitchBook list Palo Alto, California. His LinkedIn profile shows Israel.
How can founders contact Assaf Wand?
He has a public LinkedIn profile and an X account at @AssafHippo. We found no personal website.
Is Assaf Wand an angel investor?
Yes. Assaf Wand invests personally as an angel.
What AI companies has Assaf Wand invested in?
Assaf Wand's AI investments include Segura. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Assaf Wand invest at?
In the rounds tracked on Lounge, Assaf Wand has invested at Seed, with a median round of $8M.
Who does Assaf Wand co-invest with?
Assaf Wand's most frequent co-investors on Lounge are Kaszek Ventures (1 deal), Andreessen Horowitz (1 deal) and Big Bets (1 deal).