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Root Insurance Stock

joinroot.comFinTechFounded: 2015Funding to Date: $627.5MM

Root is a licensed insurance carrier offering personalized car insurance that gives good drivers the rates they deserve, managed seamlessly through a mobile app.

Learn more about Root Insurance IPO

Overview Financings Valuation

Enterprise Value (based on primary financings)

View Enterprise Value for Root Insurance.

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Root Insurance investors also invested in these private companies

Tiger Global Management

Databricks, Scale AI, Chime, Relativity Space, Humane, Commonwealth Fusion, Ather Energy, Groq, Patreon, Nuro

Coatue

Stability AI, Universal Hydrogen, Scale AI, Rippling, Form Energy, Sila Nanotechnologies, Chime, Relativity Space, Runway, Impossible Foods

Drive Capital

Rippling, ApplyBoard, Udacity, Hopper, Fnatic, Hologram, Gecko Robotics, Catalyte, Root Insurance, Sidecar Health

DST Global

Chime, Swiggy, Klarna, Miro, Udaan, Ola, Kavak, ZocDoc, SpotOn, Blockchain.com

Ribbit Capital

Chipper Cash, Chainalysis, Razorpay, Brex, Figure, Cross River Bank, Upgrade, Kavak, Checkout.com, TaxBit

Redpoint

Stripe, Arctic Wolf, PsiQ, Cribl, Alchemy, Dremio, Orca Security, Fabric, Guild Education, Galileo Health

Scale Venture Partners

Motive, Narvar, Socure, DataStax, Observe.AI, Locus Robotics, Root Insurance, Soft Robotics, Lever, Plus One Robotics

Team

Management Team

Alexander Timm

Co-Founder, Chief Executive Officer & Board Member

Dan Manges

Co-Founder & Chief Technology Officer

Alex Carges

Chief Actuary

Lauren Gruenebaum

Chief Product Officer

Kumi Walker

Chief Business Development & Strategy Officer

Megan Binkley

Chief Accounting Officer

Kelly Ruoff

Chief Brand Officer

Daniel Rosenthal JD

Board Member & Chief Financial Officer

Cynthia Powell

Chief Financial Officer

David Martin

Chief Data Scientist

Hemal Shah

Chief Research & Development Officer

Board Members

Chris Olsen

Drive Capital

Daniel Rosenthal JD

Elliot Geidt

Redpoint Ventures

Alexander Timm

Doug Ulman

Nick Shalek

Ribbit Capital

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News

Globe Newswire 06/24/2021

Root, Inc. Congratulates Washington Drivers on Credit Score-Free Car Insurance

Company shares what drivers can expect as the state adopts fairer pricing...

Crunchbase 10/20/2020

Root Seeks $6.34B Valuation In Pending IPO

Root Inc., the parent company of Root Insurance, launched its initial public offering and is looking at a valuation of as much as $6.34 billion.

Barrons 10/06/2020

Insuretech Firm Root Files for IPO

The firm uses a mobile app to sign people up for car insurance and competes against more established firms like Geico and Allstate.

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