CVC-Backed Bamboo Insurance Aims for $3.13 Billion US IPO Valuation

By EC Assets · Published 14 September 2026

CVC-backed Bamboo Insurance is targeting a $3.13 billion valuation in its U.S. initial public offering. The company, which is backed by CVC, filed for a U.S. IPO. Bamboo Insurance Services submitted its filing on Friday, August 28. Bamboo Insurance was founded in 2018. Industry veteran John Chu leads the company. Bamboo provides homeowners' insurance services. Bamboo Ide8 Insurance Services, LLC, which is also known as "Bamboo Insurance," launched its Texas Essential Homeowner Program. This new admitted product offers flexible, affordable coverage options for Texas homeowners. The program is designed to give homeowners greater choice. This article is intended for informational purposes only. It does not constitute investment advice.