Exzeo Group closes $168 million IPO on NYSE

Exzeo Group, Inc. (NYSE: XZO) completed its initial public offering of 8 million shares at $21.00 per share, the company announced. The offering raised $168 million for the Tampa, Florida-based insurance technology company.

The shares began trading on the New York Stock Exchange on November 5, 2025. Exzeo granted underwriters a 30-day option to purchase up to an additional 1.2 million shares at the IPO price, less underwriting discounts and commissions.

Truist Securities served as lead left bookrunner for the offering. Citizens Capital Markets and William Blair acted as joint active book-running managers, while Fifth Third Securities served as co-manager.

The company's registration statement on Form S-1 became automatically effective November 4, 2025, according to the press release.

Exzeo provides technology solutions for property and casualty insurance carriers, focusing on the homeowners insurance market. The company operates an "Insurance-as-a-Service" platform that offers digital tools for quoting, underwriting, policy administration, claims handling, data analytics, and financial reporting.

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