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Root, Inc.

Root, Inc.

Public
New York City, New YorkReal Estatehttps://www.joinroot.com/

Root, Inc. is now publicly traded

The data on this page reflects Root, Inc.'s private-market history up to the point it went public, including its funding rounds, valuation, and investors.

Last Round

Seed

Jun 17, 2025

Total Funding Raised

$17.73M

Company Overview

Root, Inc. is a technology-driven personal insurance company that offers automobile and renters insurance solutions through its mobile-first, telematics-based platform.

Sector

Real Estate

AI Layer

Application

Keywords

insurtechtelematicsusage-based insuranceauto insurancebehavioral pricingembedded insurancemobile insurancerenters insurancedigital insuranceUBIpersonalized insurancedirect-to-consumer insuranceDTC insuranceinsurance underwritingB2B2C

Root, Inc. Comparables

Compare Root, Inc. with similar companies based on industry and business-model similarity.

Root, Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Lemonade
88%
The Allstate Corporation
81%
Clearcover
79%

Root, Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJun 17, 2025
SeedAug 19, 2024

Key People

Founding team and executive leadership

Alex Timm

CEO and Founder

Founding Team

Matt Bonakdarpour

President & CTO

Executive Team

Megan Binkley

Chief Financial Officer

Executive Team

Root, Inc. Investors

Notable investors and investment history

Root, Inc. investors
InvestorRounds
Konvoy VenturesSeed
Point NineSeed
Project ASeed
Untamed VenturesSeed
HeadlineSeed
Day One VenturesSeed
arc investorsSeed

Root, Inc. Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Root, Inc. Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersNew York City, New York
Employee Range1,172
Year Founded2015
Last FundingJun 17, 2025

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