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Root
company
About
Enabling brands to embed and sell digital insurance
- 11 - 50
Highlights
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $3M
- Industries
- Auto Insurance,Developer APIs,Embedded Software,Financial Services,FinTech,Information Technology,Insurance,InsurTech,Life Insurance
- Founded date
- Jun 24, 2016
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Root enables companies to embed & sell insurance. Root’s proven low-code platform and strong insurance partnerships make it easy to design, build and integrate insurance at scale.Root is an enterprise-grade solution, with digital platforms, retailers, and insurers building, refining and selling insurance products powered by Root.Root processes more than $20m in active Gross-Written-Premium with 1m+ in-force policies on the platform, and a team of 50 people.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$3M
Root has raised a total of
$3M
in funding over 2 rounds. Their latest funding was raised on
Nov 11, 2021 from a Seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Nov 11, 2021 | Seed | $3M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
Root is funded by 1 investors.
DCG Expeditions
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
DCG Expeditions
|
— | Seed |
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